Funding you earn now, next payment 08:00 UTC−0.0844%/8h= −92.4% APRpaid last 24h −0.811%
Price spread now: BingX against Bybit+0.149%7-day average −0.145% · you sell dearer than you buy
Net, funding: paid 7d − costs+$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$850.853% of the position
Funding, last 7 days+0.955%+$95 on $10k
+Price spread, last 6 days (all we have)−0.577%−$58 · spread now +0.149%, 7d avg −0.145%
=The price spread pays, funding is against you. BingX is 0.294% dearer against Bybit than usual: you sell high and buy low (spread +0.149% now, against its 7-day average of −0.145%): +$29 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 28 hours. Mind the row above: over the last 7 days funding on this pair paid +0.955%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CVCUSDT | 0.02678 | 0.1122 | pay 0.0140% / 1h | 21m 12s | $1.6M | $1.8M | 25x |
| Short | BingX CVC-USDT | 0.02682 | 0.0278 | get 0.0139% / 4h | 21m 12s | — | $2.4M | — |
Bybit CVCUSDT
BingX CVC-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
- −$177.26
- Price spread: +0.149% → −0.145%
- $29.42
- Slippage, 4 orders
- −$64.28
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$233.12
- Costs to cover
- 0.853%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 10 min ago; BingX: 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 Bybit live order book, 10 min ago | 1.86 bp | 22.7 bp −$23 | 324.6 bp −$3,246 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 5.59 bp | 18.7 bp −$19 | 63.4 bp −$634 | 665.0 bp −$66.5K | 1201.9 bp −$600.9K |
CVC on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDT | −0.0206% | 4h | 0.02686 | +0.299% | $199K | $305K | 25x | as long as short |
| Binance CVCUSDT | +0.0100% | 4h | 0.02684 | +0.224% | $2.7M | $5.7M | 50x | as long as short |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02684 | +0.224% | $653K | $139K | 20x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02684 | +0.224% | $423K | $497K | 50x | as long as short |
| KuCoin CVCUSDTM | +0.0134% | 4h | 0.02690 | +0.448% | $1.3M | $432K | 30x | as long as short |
| Variational Omni CVC | +0.0155% | 1h | 0.02681 | +0.112% | $2K | $1K | — | as long as short |
| BingX CVC-USDTshort | +0.0278% | 4h | 0.02682 | +0.149% | — | $2.4M | — | |
| Bybit CVCUSDTlong | +0.1122% | 1h | 0.02678 | long leg | $1.6M | $1.8M | 25x |
Gate CVC_USDT
Binance CVCUSDT
MEXC CVC_USDT
Bitget CVCUSDT
KuCoin CVCUSDTM
Variational Omni CVC