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

STABLE

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.423%−$42 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX STABLE-USDT0.024310.0100pay 0.0050% / 4h2h 17m$6.5M
ShortBybit STABLEUSDT0.024330.0100get 0.0050% / 4h2h 17m$1.5M$788K25x

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: +0.090% → +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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago6.18 bp24.4 bp −$2475.7 bp −$757536.1 bp −$53.6K991.1 bp −$495.5K
Sell Bybit live order book, 3 min ago4.11 bp43.2 bp −$43245.5 bp −$2,455doesn't fitdoesn't fit

STABLE on 15 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
Lighter STABLE+0.0096%1h0.02444+0.543%$112K$6K3xas long as short
Hyperliquid STABLE+0.0100%1h0.02430−0.025%$854K$183K3xas long as short
Aster STABLEUSDT+0.0100%4h0.02431+0.017%$18K$10K20xas long as short
Binance STABLEUSDT+0.0100%4h0.024310.000%$2.4M$2.8M75xas long as short
Bybit STABLEUSDTshort+0.0100%4h0.02433+0.090%$1.5M$788K25x
OKX STABLE-USDT-SWAP+0.0100%4h0.02432+0.041%$209K$429K20xas long as short
Gate STABLE_USDT+0.0100%4h0.024310.000%$173K$59K50xas long as short
MEXC STABLE_USDT+0.0100%4h0.024310.000%$582K$165K20xas long as short
KuCoin STABLEUSDTM+0.0100%4h0.02435+0.165%$177K$28K30xas long as short
Bitget STABLEUSDT+0.0100%4h0.02432+0.041%$279K$94K25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX STABLE-USDTlong+0.0100%4h0.02431long leg$6.5M
Variational Omni STABLE+0.0100%4h0.02431−0.017%$142K$8Kas long as short
SunX STABLE-USDT+0.0100%4h0.02431−0.012%$2K$915K20xas long as short
BloFin STABLE-USDT+0.0102%4h0.02425−0.247%$113K$7K75xas long as short
Extended STABLE-USD+0.0104%1h0.02430−0.025%$12K$230K10xas long as short