Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.005%
Price spread now: BingX against Bybit+0.304%7-day average +0.186% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1481.480% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 7 days−0.151%−$15 · spread now +0.304%, 7d avg +0.186%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.118% dearer against Bybit than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.186%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DEEPUSDT | 0.01974 | 0.0100 | pay 0.0100% / 8h | 3h 21m | $4.2M | $2.6M | 50x |
| Short | BingX DEEP-USDT | 0.01980 | 0.0200 | get 0.0100% / 4h | 3h 21m | — | $6.7M | — |
Bybit DEEPUSDT
BingX DEEP-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
- $21
- Price spread: +0.304% → +0.186%
- $11.77
- Slippage, 4 orders
- −$127.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$115.27
- Costs to cover
- 1.480%
- Break-even
- 45.4 days
Slippage from Bybit: live order book, 6 min ago; BingX: live order book, 6 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, 6 min ago | 5.05 bp | 39.3 bp −$39 | 318.0 bp −$3,180 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 10.07 bp | 32.5 bp −$32 | 103.9 bp −$1,039 | 599.8 bp −$60.0K | 1017.6 bp −$508.8K |
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.0292% | 1h | 0.01983 | +0.456% | $81K | $15K | 20x | as long as short |
| BloFin DEEP-USDT | +0.0082% | 8h | 0.01972 | −0.101% | $139K | $34K | 50x | as long as short |
| Binance DEEPUSDT | +0.0100% | 4h | 0.01982 | +0.418% | $2.1M | $6.0M | 50x | as long as short |
| Bybit DEEPUSDTlong | +0.0100% | 8h | 0.01974 | long leg | $4.2M | $2.6M | 50x | |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01978 | +0.203% | $305K | $97K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.01982 | +0.405% | $1.0M | $547K | 100x | as long as short |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.01986 | +0.608% | $1.8M | $94K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01984 | +0.507% | $837K | $604K | 50x | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01982 | +0.407% | $11K | $6K | — | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.01982 | +0.408% | $5K | $221K | 5x | as long as short |
Bluefin DEEP-PERP
BloFin DEEP-USDT
Binance DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
Variational Omni DEEP
Extended DEEP-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DEEP-USDTshort | +0.0200% | 4h | 0.01980 | +0.304% | — | $6.7M | — | |
| Kraken Futures PF_DEEPUSD | +1.2405% | 1h | 0.02003 | +1.477% | $8K | $6K | 10x | as long as short |
Kraken Futures PF_DEEPUSD