DEXE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0610%/8h= −66.8% APRnext payment −$3.05 per $10,000 · paid last 24h −0.046%

Price spread now: BingX against Bybit0.000%7-day average −0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$1221.219% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 7 days−0.019%−$2 · spread now 0.000%, 7d avg −0.050%

Together, before fees−0.023%−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.050% dearer against Bybit than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.050%): +$5 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.004% in total) that is about 3 months.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.004% in total (about -0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.05 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 DEXEUSDT	1.9480	0.0710	pay 0.0355% / 4h	2h 19m	$2.4M	$954K	20x
Short	BingX DEXE-USDT	1.9480	0.0100	get 0.0050% / 4h	2h 19m	—	$1.8M	—

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BingXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$128.19
Price spread: 0.000% → −0.050%: $5.01
Slippage, 4 orders: −$100.93
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$245.11
Costs to cover: 1.219%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 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, 2 min ago	2.57 bp	43.2 bp −$43	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	2.57 bp	13.5 bp −$14	47.2 bp −$472	821.4 bp −$82.1K	doesn't fit

DEXE 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
Injective DEXE/USDC PERP	+0.0033%	1h	1.8600	−4.517%	—	$3K	5.5x	as long as short
Aster DEXEUSDT	+0.0100%	4h	1.9443	−0.188%	$172K	$34K	5x	as long as short
Binance DEXEUSDT	+0.0100%	4h	1.9467	−0.066%	$7.0M	$8.9M	20x	as long as short
Gate DEXE_USDT	+0.0100%	4h	1.9470	−0.051%	$480K	$801K	20x	as long as short
MEXC DEXE_USDT	+0.0100%	4h	1.9470	−0.051%	$1.8M	$225K	20x	as long as short
Bitget DEXEUSDT	+0.0100%	4h	1.9440	−0.205%	$3.2M	$546K	10x	as long as short
BingX DEXE-USDTshort	+0.0100%	4h	1.9480	0.000%	—	$1.8M	—
Variational Omni DEXE	+0.0100%	4h	1.9486	+0.033%	$35K	$388	—	as long as short
Orderly PERP_DEXE_USDC_mythos	+0.0100%	4h	1.9440	−0.205%	$8K	—	10x	as long as short
Bybit DEXEUSDTlong	+0.0710%	4h	1.9480	long leg	$2.4M	$954K	20x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_DEXEUSD	+0.0755%	1h	1.9449	−0.160%	$42K	$54K	20x	as long as short