Funding you earn now, next payment 08:00 UTC+0.0434%/8h= +47.5% APRnext payment +$4.34 per $10,000 · paid last 24h +0.039%
Price spread now: BingX against Bybit+0.368%7-day average +0.204% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1251.252% of the position
Funding, last 7 days+0.131%+$13 on $10k
+Price spread, last 7 days−0.201%−$20 · spread now +0.368%, 7d avg +0.204%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BingX is 0.164% dearer against Bybit than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.204%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.131% in total (about 6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit COREUSDT | 0.02176 | −0.0283 | get 0.0283% / 8h | 5h 37m | $1.4M | $962K | 20x |
| Short | BingX CORE-USDT | 0.02184 | 0.0151 | get 0.0151% / 8h | 5h 37m | — | $1.3M | — |
Bybit COREUSDT
BingX CORE-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
- $91.18
- Price spread: +0.368% → +0.204%
- $16.37
- Slippage, 4 orders
- −$104.2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$17.65
- Costs to cover
- 1.252%
- Break-even
- 8.4 days
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 8 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, 3 min ago | 4.59 bp | 31.8 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 9.17 bp | 27.2 bp −$27 | 86.8 bp −$868 | 779.1 bp −$77.9K | 1102.5 bp −$551.2K |
CORE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CORE | −0.0309% | 8h | 0.02178 | +0.095% | $8K | $918 | — | as long as short |
| Gate CORE_USDT | −0.0292% | 8h | 0.02185 | +0.414% | $159K | $173K | 25x | as long as short |
| Bybit COREUSDTlong | −0.0283% | 8h | 0.02176 | long leg | $1.4M | $962K | 20x | |
| OKX CORE-USDT-SWAP | +0.0100% | 8h | 0.02184 | +0.368% | $1.7M | $4.4M | 20x | as long as short |
| MEXC CORE_USDT | +0.0151% | 8h | 0.02182 | +0.276% | $819K | $218K | 100x | as long as short |
| BingX CORE-USDTshort | +0.0151% | 8h | 0.02184 | +0.368% | — | $1.3M | — |
Variational Omni CORE
Gate CORE_USDT
OKX CORE-USDT-SWAP
MEXC CORE_USDT