Funding you earn now, next payment 00:00 UTC−0.0354%/8h= −38.7% APRnext payment −$1.77 per $10,000 · paid last 24h −0.070%
Price spread now: Bybit against BingX−0.139%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,058as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,044as in the Price arb table
costs, in and out, $10k−$1,03910.393% of the position
Funding, last 7 days−0.184%−$18 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.139%, 7d avg −0.089%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bybit is 0.049% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.089%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.184% in total (about -9.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.77 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 | BingX DOS-USDT | 0.2166 | 0.0468 | pay 0.0234% / 4h | 1h 34m | — | $1.6M | — |
| Short | Bybit DOSUSDT | 0.2163 | 0.0114 | get 0.0057% / 4h | 1h 34m | $839K | $177K | 20x |
BingX DOS-USDT
Bybit DOSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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
- −$74.29
- Price spread: −0.139% → −0.089%
- −$4.92
- Slippage, 4 orders
- −$1,018.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,118.54
- Costs to cover
- 10.393%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Bybit: live order book, 46 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 BingX live order book, 13 min ago | 9.24 bp | 23.8 bp −$24 | 77.1 bp −$771 | 942.1 bp −$94.2K | 1300.9 bp −$650.5K |
| Sell Bybit live order book, 46 min ago | 6.89 bp | 502.8 bp −$503 | doesn't fit | doesn't fit | doesn't fit |
DOS 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate DOS_USDT | +0.0100% | 4h | 0.2163 | −0.139% | $185K | $117K | 20x | as long as short |
| KuCoin DOSUSDTM | +0.0100% | 4h | 0.2161 | −0.217% | $294K | $843K | 20x | as long as short |
| Bitget DOSUSDT | +0.0100% | 4h | 0.2164 | −0.111% | $218K | $222K | 10x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2165 | −0.046% | $14K | $360K | 10x | as long as short |
| Bybit DOSUSDTshort | +0.0114% | 4h | 0.2163 | −0.139% | $839K | $177K | 20x | |
| OKX DOS-USDT-SWAP | +0.0402% | 4h | 0.2165 | −0.046% | $1.2M | $2.0M | 20x | as long as short |
| BloFin DOS-USDT | +0.0458% | 4h | 0.2161 | −0.231% | $109K | $21K | 20x | as long as short |
| BingX DOS-USDTlong | +0.0468% | 4h | 0.2166 | long leg | — | $1.6M | — | |
| MEXC DOS_USDT | +0.0480% | 4h | 0.2164 | −0.092% | $488K | $156K | 20x | as long as short |
| Binance DOSUSDT | +0.0480% | 4h | 0.2165 | −0.065% | $2.1M | $2.1M | 20x | as long as short |
Gate DOS_USDT
KuCoin DOSUSDTM
Bitget DOSUSDT
HTX DOS-USDT
OKX DOS-USDT-SWAP
BloFin DOS-USDT
MEXC DOS_USDT
Binance DOSUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOSUSDT | +0.0809% | 4h | 0.2164 | −0.110% | $6K | $11K | 5x | as long as short |
Aster DOSUSDT