Funding you earn now, next payment 00:00 UTC−0.0214%/8h= −23.4% APRnext payment −$1.07 per $10,000 · paid last 24h −0.089%
Price spread now: BingX against Bybit−0.013%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$650.653% of the position
Funding, last 7 days−0.692%−$69 on $10k
+Price spread, last 7 days−0.107%−$11 · spread now −0.013%, 7d avg −0.060%
=The price spread pays, funding is against you. BingX is 0.047% dearer against Bybit than usual: you sell high and buy low (spread −0.013% now, against its 7-day average of −0.060%): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LAUSDT | 0.07422 | 0.0100 | pay 0.0050% / 4h | 2h 08m | $2.4M | $2.3M | 25x |
| Short | BingX LA-USDT | 0.07421 | −0.0114 | pay 0.0057% / 4h | 2h 08m | — | $6.6M | — |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$44.94
- Price spread: −0.013% → −0.060%
- $4.68
- Slippage, 4 orders
- −$44.27
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$105.53
- Costs to cover
- 0.653%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 8 min ago; BingX: live order book, 13 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, 8 min ago | 2.02 bp | 21.6 bp −$22 | 136.7 bp −$1,367 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 2.02 bp | 10.5 bp −$11 | 21.4 bp −$214 | 677.5 bp −$67.8K | 1249.1 bp −$624.5K |
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 | −0.0454% | 4h | 0.07417 | −0.067% | $251K | $805K | 50x | as long as short |
| BingX LA-USDTshort | −0.0114% | 4h | 0.07421 | −0.013% | — | $6.6M | — | |
| OKX LA-USDT-SWAP | −0.0109% | 4h | 0.07427 | +0.067% | $1.3M | $2.8M | 20x | as long as short |
| KuCoin LAUSDTM | −0.0094% | 4h | 0.07416 | −0.081% | $1.0M | $58K | 30x | as long as short |
| Bitget LAUSDT | −0.0068% | 4h | 0.07409 | −0.175% | $2.0M | $520K | 25x | as long as short |
| BloFin LA-USDT | +0.0053% | 4h | 0.07411 | −0.148% | $250K | $19K | 25x | as long as short |
| Aster LAUSDT | +0.0094% | 4h | 0.07415 | −0.093% | $52K | $8K | 5x | as long as short |
| Binance LAUSDT | +0.0100% | 4h | 0.07419 | −0.044% | $4.7M | $8.3M | 25x | as long as short |
| Bybit LAUSDTlong | +0.0100% | 4h | 0.07422 | long leg | $2.4M | $2.3M | 25x | |
| MEXC LA_USDT | +0.0100% | 4h | 0.07417 | −0.067% | $399K | $139K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07410 | −0.159% | $143K | $470K | 10x | as long as short |
Bybit LAUSDT
BingX LA-USDT
Gate LA_USDT
OKX LA-USDT-SWAP
KuCoin LAUSDTM
Bitget LAUSDT
BloFin LA-USDT
Aster LAUSDT
Binance LAUSDT
MEXC LA_USDT
GRVT LA_USDT_Perp