Funding you earn now, next payment 08:00 UTC0.0000%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: Bybit against BingX−0.040%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1341.342% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now −0.040%, 7d avg +0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.067% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BICO-USDT | 0.02232 | 0.0101 | pay 0.0101% / 8h | 39m 41s | — | $1.7M | — |
| Short | Bybit BICOUSDT | 0.02231 | 0.0101 | get 0.0101% / 8h | 39m 41s | $2.2M | $4.0M | 20x |
BingX BICO-USDT
Bybit BICOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.1
- Price spread: −0.040% → +0.027%
- −$6.72
- Slippage, 4 orders
- −$113.18
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$141
- Costs to cover
- 1.342%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Bybit: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 7 min ago | 6.69 bp | 18.6 bp −$19 | 51.6 bp −$516 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.46 bp | 47.1 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
BICO on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BICOUSDT | +0.0100% | 8h | 0.02235 | +0.113% | $94K | $23K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02229 | −0.117% | $3.9M | $8.5M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02230 | −0.090% | $1.8M | $5.2M | 20x | as long as short |
| Gate BICO_USDT | +0.0100% | 8h | 0.02234 | +0.090% | $362K | $328K | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02228 | −0.179% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02234 | +0.090% | $979K | $1.5M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02229 | −0.134% | $646K | $526K | 10x | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02239 | +0.323% | $13K | $13K | — | as long as short |
| Bybit BICOUSDTshort | +0.0101% | 8h | 0.02231 | −0.040% | $2.2M | $4.0M | 20x | |
| BingX BICO-USDTlong | +0.0101% | 8h | 0.02232 | long leg | — | $1.7M | — |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
Gate BICO_USDT
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
Variational Omni BICOShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.2727% | 1h | 0.02255 | +1.027% | $39K | $66K | 20x | as long as short |
Kraken Futures PF_BICOUSD