Funding you earn now, next payment 12:00 UTC+0.0089%/8h= +9.8% APRnext payment +$0.45 per $10,000 · paid last 24h +0.133%
Price spread now: Bybit against BingX+0.013%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$690.686% of the position
Funding, last 7 days+0.699%+$70 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now +0.013%, 7d avg +0.054%
=Funding pays, the price is against you. Bybit is 0.041% cheaper against BingX than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.054%). If the spread goes back, that is −$4 on $10k: about 36 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.699% in total) that is about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LA-USDT | 0.07525 | −0.0062 | get 0.0031% / 4h | 3h 53m | — | $6.5M | — |
| Short | Bybit LAUSDT | 0.07526 | 0.0027 | get 0.0014% / 4h | 3h 53m | $2.4M | $2.2M | 25x |
BingX LA-USDT
Bybit LAUSDTFunding 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
- $18.77
- Price spread: +0.013% → +0.054%
- −$4.06
- Slippage, 4 orders
- −$47.58
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$53.86
- Costs to cover
- 0.686%
- Break-even
- 27.1 days
Slippage from BingX: live order book, 13 min ago; Bybit: live order book, 4 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 | 1.33 bp | 14.2 bp −$14 | 48.8 bp −$488 | 717.4 bp −$71.7K | 1168.9 bp −$584.5K |
| Sell Bybit live order book, 4 min ago | 3.31 bp | 19.5 bp −$19 | 134.2 bp −$1,342 | doesn't fit | doesn't fit |
LA 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 LA_USDT | −0.1508% | 4h | 0.07526 | +0.013% | $225K | $781K | 50x | as long as short |
| Bitget LAUSDT | −0.0064% | 4h | 0.07515 | −0.133% | $2.1M | $410K | 25x | as long as short |
| BingX LA-USDTlong | −0.0062% | 4h | 0.07525 | long leg | — | $6.5M | — | |
| KuCoin LAUSDTM | −0.0036% | 4h | 0.07524 | −0.013% | $1.0M | $73K | 30x | as long as short |
| Bybit LAUSDTshort | +0.0027% | 4h | 0.07526 | +0.013% | $2.4M | $2.2M | 25x | |
| Aster LAUSDT | +0.0036% | 4h | 0.07529 | +0.053% | $52K | $24K | 5x | as long as short |
| Binance LAUSDT | +0.0100% | 4h | 0.07530 | +0.066% | $4.9M | $8.6M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0100% | 4h | 0.07522 | −0.040% | $1.4M | $2.6M | 20x | as long as short |
| MEXC LA_USDT | +0.0100% | 4h | 0.07531 | +0.080% | $386K | $131K | 50x | as long as short |
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07525 | +0.005% | $142K | $426K | 10x | as long as short |
Gate LA_USDT
Bitget LAUSDT
KuCoin LAUSDTM
Aster LAUSDT
Binance LAUSDT
OKX LA-USDT-SWAP
MEXC LA_USDT
GRVT LA_USDT_PerpShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LA-USDT | +0.0119% | 4h | 0.07549 | +0.319% | $197K | $20K | 25x | as long as short |
BloFin LA-USDT