Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against BingX−0.039%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$307as in the Funding arb table
Net, price: spread back to 7d avg − costs−$314as in the Price arb table
costs, in and out, $10k−$3073.074% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.086%−$9 · spread now −0.039%, 7d avg +0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.069% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX YGG-USDT | 0.02573 | 0.0100 | pay 0.0050% / 4h | 2h 03m | — | $2.4M | — |
| Short | Bybit YGGUSDT | 0.02572 | 0.0100 | get 0.0050% / 4h | 2h 03m | $601K | $468K | 25x |
BingX YGG-USDT
Bybit YGGUSDTFunding 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: −0.039% → +0.031%
- −$6.94
- Slippage, 4 orders
- −$286.39
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$314.33
- Costs to cover
- 3.074%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; Bybit: live order book, 12 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, 15 min ago | 11.60 bp | 38.7 bp −$39 | 89.4 bp −$894 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 12 min ago | 5.81 bp | 122.2 bp −$122 | doesn't fit | doesn't fit | doesn't fit |
YGG on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_YGGUSD | −0.1465% | 1h | 0.02570 | −0.135% | $12K | $3K | 10x | as long as short |
| Hyperliquid YGG | +0.0100% | 1h | 0.02573 | 0.000% | $185K | $154K | 3x | as long as short |
| Aster YGGUSDT | +0.0100% | 4h | 0.02573 | −0.003% | $2K | $1K | 5x | as long as short |
| Binance YGGUSDT | +0.0100% | 4h | 0.02574 | +0.023% | $2.0M | $2.0M | 50x | as long as short |
| Bybit YGGUSDTshort | +0.0100% | 4h | 0.02572 | −0.039% | $601K | $468K | 25x | |
| OKX YGG-USDT-SWAP | +0.0100% | 4h | 0.02573 | 0.000% | $986K | $890K | 10x | as long as short |
| Gate YGG_USDT | +0.0100% | 4h | 0.02572 | −0.039% | $296K | $637K | 20x | as long as short |
| MEXC YGG_USDT | +0.0100% | 4h | 0.02572 | −0.039% | $965K | $347K | 50x | as long as short |
| KuCoin YGGUSDTM | +0.0100% | 4h | 0.02575 | +0.078% | $206K | $53K | 30x | as long as short |
| Bitget YGGUSDT | +0.0100% | 4h | 0.02574 | +0.039% | $547K | $151K | 50x | as long as short |
Kraken Futures PF_YGGUSD
Hyperliquid YGG
Aster YGGUSDT
Binance YGGUSDT
OKX YGG-USDT-SWAP
Gate YGG_USDT
MEXC YGG_USDT
KuCoin YGGUSDTM
Bitget YGGUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX YGG-USDTlong | +0.0100% | 4h | 0.02573 | long leg | — | $2.4M | — | |
| Variational Omni YGG | +0.0100% | 4h | 0.02572 | −0.024% | $2K | $1 | — | as long as short |
Variational Omni YGG