Funding you earn now, next payment 08:00 UTC−0.0123%/8h= −13.4% APRnext payment −$0.61 per $10,000 · paid last 24h −0.472%
Price spread now: BingX against Bybit+0.367%7-day average +0.230% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$990.993% of the position
Funding, last 7 days−0.352%−$35 on $10k
+Price spread, last 7 days−0.199%−$20 · spread now +0.367%, 7d avg +0.230%
=The price spread pays, funding is against you. BingX is 0.138% dearer against Bybit than usual: you sell high and buy low (spread +0.367% now, against its 7-day average of +0.230%): +$14 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOONUSDT | 0.1960 | 0.2209 | pay 0.1104% / 4h | 1h 02m | $2.6M | $1.3M | 25x |
| Short | BingX SOON-USDT | 0.1967 | 0.2086 | get 0.1043% / 4h | 1h 02m | — | $6.7M | — |
Bybit SOONUSDT
BingX SOON-USDTFunding 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
- −$25.78
- Price spread: +0.367% → +0.230%
- $13.75
- Slippage, 4 orders
- −$78.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$111.33
- Costs to cover
- 0.993%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 5 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, 4 min ago | 2.56 bp | 40.6 bp −$41 | 431.3 bp −$4,313 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 2.55 bp | 17.8 bp −$18 | 67.6 bp −$676 | 742.0 bp −$74.2K | doesn't fit |
SOON 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1973 | +0.653% | $1.8M | $3.5M | 50x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0256% | 1h | 0.1964 | +0.205% | $11K | $3K | 10x | as long as short |
| Extended SOON-USD | +0.0408% | 1h | 0.1972 | +0.603% | $7K | $188K | 5x | as long as short |
| Binance SOONUSDT | +0.0411% | 4h | 0.1972 | +0.631% | $8.1M | $2.0M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0523% | 4h | 0.1971 | +0.571% | $2.0M | $517K | 20x | as long as short |
| Aster SOONUSDT | +0.0909% | 4h | 0.1969 | +0.454% | $191K | $3K | 5x | as long as short |
| Gate SOON_USDT | +0.0934% | 4h | 0.1968 | +0.418% | $3.2M | $147K | 50x | as long as short |
| Bitget SOONUSDT | +0.1082% | 4h | 0.1970 | +0.520% | $9.2M | $307K | 25x | as long as short |
| Variational Omni SOON | +0.1470% | 4h | 0.1958 | −0.109% | $242K | $20K | — | as long as short |
| BingX SOON-USDTshort | +0.2086% | 4h | 0.1967 | +0.367% | — | $6.7M | — |
KuCoin SOONUSDTM
Kraken Futures PF_SOONUSD
Extended SOON-USD
Binance SOONUSDT
OKX SOON-USDT-SWAP
Aster SOONUSDT
Gate SOON_USDT
Bitget SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDTlong | +0.2209% | 4h | 0.1960 | long leg | $2.6M | $1.3M | 25x |