Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX+0.090%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1391.388% of the position
Funding, last 7 days−0.369%−$37 on $10k
+Price spread, last 7 days−0.054%−$5 · spread now +0.090%, 7d avg +0.071%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STABLE-USDT | 0.02431 | 0.0100 | pay 0.0050% / 4h | 2h 17m | — | $6.5M | — |
| Short | Bybit STABLEUSDT | 0.02433 | 0.0100 | get 0.0050% / 4h | 2h 17m | $1.5M | $788K | 25x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.090% → +0.071%
- $1.96
- Slippage, 4 orders
- −$117.84
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$136.87
- Costs to cover
- 1.388%
- 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 | 6.18 bp | 24.4 bp −$24 | 75.7 bp −$757 | 536.1 bp −$53.6K | 991.1 bp −$495.5K |
| Sell Bybit live order book, 3 min ago | 4.11 bp | 43.2 bp −$43 | 245.5 bp −$2,455 | doesn't fit | doesn't fit |
STABLE on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STABLE | +0.0096% | 1h | 0.02444 | +0.543% | $112K | $6K | 3x | as long as short |
| Hyperliquid STABLE | +0.0100% | 1h | 0.02430 | −0.025% | $854K | $183K | 3x | as long as short |
| Aster STABLEUSDT | +0.0100% | 4h | 0.02431 | +0.017% | $18K | $10K | 20x | as long as short |
| Binance STABLEUSDT | +0.0100% | 4h | 0.02431 | 0.000% | $2.4M | $2.8M | 75x | as long as short |
| Bybit STABLEUSDTshort | +0.0100% | 4h | 0.02433 | +0.090% | $1.5M | $788K | 25x | |
| OKX STABLE-USDT-SWAP | +0.0100% | 4h | 0.02432 | +0.041% | $209K | $429K | 20x | as long as short |
| Gate STABLE_USDT | +0.0100% | 4h | 0.02431 | 0.000% | $173K | $59K | 50x | as long as short |
| MEXC STABLE_USDT | +0.0100% | 4h | 0.02431 | 0.000% | $582K | $165K | 20x | as long as short |
| KuCoin STABLEUSDTM | +0.0100% | 4h | 0.02435 | +0.165% | $177K | $28K | 30x | as long as short |
| Bitget STABLEUSDT | +0.0100% | 4h | 0.02432 | +0.041% | $279K | $94K | 25x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STABLE-USDTlong | +0.0100% | 4h | 0.02431 | long leg | — | $6.5M | — | |
| Variational Omni STABLE | +0.0100% | 4h | 0.02431 | −0.017% | $142K | $8K | — | as long as short |
| SunX STABLE-USDT | +0.0100% | 4h | 0.02431 | −0.012% | $2K | $915K | 20x | as long as short |
| BloFin STABLE-USDT | +0.0102% | 4h | 0.02425 | −0.247% | $113K | $7K | 75x | as long as short |
| Extended STABLE-USD | +0.0104% | 1h | 0.02430 | −0.025% | $12K | $230K | 10x | as long as short |
BingX STABLE-USDT
Bybit STABLEUSDT
Lighter STABLE
Hyperliquid STABLE
Aster STABLEUSDT
Binance STABLEUSDT
OKX STABLE-USDT-SWAP
Gate STABLE_USDT
MEXC STABLE_USDT
KuCoin STABLEUSDTM
Bitget STABLEUSDT
Variational Omni STABLE
SunX STABLE-USDT
BloFin STABLE-USDT
Extended STABLE-USD