Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: BingX against Bybit−0.009%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1291.287% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.066%−$7 · spread now −0.009%, 7d avg −0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.021% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BICOUSDT | 0.02270 | 0.0758 | pay 0.0758% / 8h | 5h 58m | $2.4M | $3.7M | 20x |
| Short | BingX BICO-USDT | 0.02270 | 0.0758 | get 0.0758% / 8h | 5h 58m | — | $1.7M | — |
Bybit BICOUSDT
BingX BICO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $0.06
- Price spread: −0.009% → −0.030%
- $2.09
- Slippage, 4 orders
- −$107.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$126.51
- Costs to cover
- 1.287%
- Break-even
- 14548.8 days
Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 4 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 Bybit live order book, 4 min ago | 5.49 bp | 50.7 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 6.59 bp | 17.8 bp −$18 | 42.5 bp −$425 | 545.4 bp −$54.5K | 1156.0 bp −$578.0K |
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 | 0.02270 | −0.009% | $94K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02269 | −0.053% | $4.1M | $8.4M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02269 | −0.053% | $1.9M | $5.2M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02268 | −0.097% | $1.7M | $1.0M | 50x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02269 | −0.053% | $648K | $495K | 10x | as long as short |
| Variational Omni BICO | +0.0359% | 8h | 0.02272 | +0.062% | $14K | $8K | — | as long as short |
| KuCoin BICOUSDTM | +0.0427% | 8h | 0.02274 | +0.167% | $1.1M | $1.3M | 20x | as long as short |
| Bybit BICOUSDTlong | +0.0758% | 8h | 0.02270 | long leg | $2.4M | $3.7M | 20x | |
| BingX BICO-USDTshort | +0.0758% | 8h | 0.02270 | −0.009% | — | $1.7M | — | |
| Gate BICO_USDT | +0.0888% | 8h | 0.02271 | +0.035% | $384K | $337K | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
Bitget BICOUSDT
Variational Omni BICO
KuCoin BICOUSDTM
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.7091% | 1h | 0.02282 | +0.519% | $39K | $52K | 20x | as long as short |
Kraken Futures PF_BICOUSD