Funding you earn now, next payment 16:00 UTC−0.0282%/8h= −30.9% APRnext payment −$2.82 per $10,000 · paid last 24h −0.029%
Price spread now: Bybit against BingX−0.091%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$840.844% of the position
Funding, last 7 days−0.655%−$65 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.091%, 7d avg −0.033%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bybit is 0.058% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX EGLD-USDT | 4.3970 | 0.0382 | pay 0.0382% / 8h | 7h 45m | — | $2.8M | — |
| Short | Bybit EGLDUSDT | 4.3930 | 0.0100 | get 0.0100% / 8h | 7h 45m | $2.5M | $6.4M | 75x |
BingX EGLD-USDT
Bybit EGLDUSDTFunding 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
- −$59.22
- Price spread: −0.091% → −0.033%
- −$5.8
- Slippage, 4 orders
- −$63.36
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$149.38
- Costs to cover
- 0.844%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Bybit: 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 BingX live order book, 4 min ago | 6.84 bp | 23.2 bp −$23 | 46.8 bp −$468 | 302.6 bp −$30.3K | 1059.8 bp −$529.9K |
| Sell Bybit live order book, 3 min ago | 4.55 bp | 18.4 bp −$18 | 70.4 bp −$704 | doesn't fit | doesn't fit |
EGLD 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSD | −0.0728% | 1h | 4.3961 | −0.021% | $434K | $568K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −16.761% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3930 | −0.091% | $4.5M | $19.0M | 75x | as long as short |
| Bybit EGLDUSDTshort | +0.0100% | 8h | 4.3930 | −0.091% | $2.5M | $6.4M | 75x | |
| Gate EGLD_USDT | +0.0100% | 8h | 4.4020 | +0.114% | $449K | $456K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3940 | −0.068% | $4.1M | $2.3M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.4040 | +0.159% | $2.9M | $924K | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3950 | −0.045% | $2.2M | $3.1M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3938 | −0.073% | $17K | $54K | — | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.3960 | −0.023% | $214K | $556K | 75x | as long as short |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Gate EGLD_USDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLD
BloFin EGLD-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDTlong | +0.0382% | 8h | 4.3970 | long leg | — | $2.8M | — | |
| OKX EGLD-USDT-SWAP | +0.0409% | 8h | 4.3940 | −0.068% | $598K | $3.1M | 20x | as long as short |
OKX EGLD-USDT-SWAP