Settings8H · net · $10k
Funding arb · Price arb /

ID

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.044%
Price spread now: Bybit against BingX0.000%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$960.956% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.180%−$18 on $10k
Price spread, last 7 days0.000%$0 · spread now 0.000%, 7d avg +0.012%
Together, before fees−0.180%−$18 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ID-USDT0.037770.0100pay 0.0050% / 4h49m 14s$2.3M
ShortBybit IDUSDT0.037770.0100get 0.0100% / 8h49m 14s$1.4M$1.1M25x

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

Profit calculator

Funding earned
$0
Price spread: 0.000% → +0.012%
−$1.18
Slippage, 4 orders
−$74.6
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$96.78
Costs to cover
0.956%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 9 min ago5.31 bp20.4 bp −$2062.1 bp −$621391.5 bp −$39.1K434.9 bp −$217.4K
Sell Bybit live order book, 2 min ago6.62 bp30.7 bp −$31390.4 bp −$3,904doesn't fitdoesn't fit

ID on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster IDUSDT+0.0100%4h0.03776−0.018%$9K$1355xas long as short
Binance IDUSDT+0.0100%4h0.03773−0.093%$2.5M$3.4M50xas long as short
Bybit IDUSDTshort+0.0100%8h0.037770.000%$1.4M$1.1M25x
Gate ID_USDT+0.0100%4h0.03775−0.053%$253K$238K25xas long as short
MEXC ID_USDT+0.0100%4h0.03776−0.026%$423K$156K20xas long as short
KuCoin IDUSDTM+0.0100%4h0.03780+0.079%$1.1M$63K30xas long as short
Bitget IDUSDT+0.0100%4h0.03779+0.053%$789K$581K50xas long as short
BingX ID-USDTlong+0.0100%4h0.03777long leg$2.3M
Variational Omni ID+0.0100%8h0.03782+0.120%$12K$20Kas long as short
BloFin ID-USDT+0.0133%4h0.037770.000%$161K$12K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IDUSD+0.0438%1h0.03774−0.089%$4K$2K10xas long as short