Funding you earn now, next payment 08:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.44 per $10,000 · paid last 24h +0.075%
Price spread now: BingX against Bybit+0.323%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$410as in the Funding arb table
Net, price: spread back to 7d avg − costs−$418as in the Price arb table
costs, in and out, $10k−$4414.410% of the position
Funding, last 7 days+0.309%+$31 on $10k
+Price spread, last 7 days−0.333%−$33 · spread now +0.323%, 7d avg +0.093%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.230% dearer against Bybit than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.093%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 4USDT | 0.02010 | 0.0100 | pay 0.0050% / 4h | 3h 54m | $2.6M | $2.0M | 5x |
| Short | BingX 4-USDT | 0.02016 | 0.0188 | get 0.0094% / 4h | 3h 54m | — | $1.4M | — |
Bybit 4USDT
BingX 4-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
- $18.48
- Price spread: +0.323% → +0.093%
- $23.01
- Slippage, 4 orders
- −$420.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$399.53
- Costs to cover
- 4.410%
- Break-even
- 158.3 days
Slippage from Bybit: live order book, 3 min ago; BingX: 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 Bybit live order book, 3 min ago | 3.24 bp | 128.2 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 0.25 bp | 94.4 bp −$94 | 168.5 bp −$1,685 | 986.2 bp −$98.6K | doesn't fit |
4 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 4USDTlong | +0.0100% | 4h | 0.02010 | long leg | $2.6M | $2.0M | 5x | |
| Variational Omni 4 | +0.0100% | 4h | 0.02008 | −0.090% | $45K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02011 | +0.065% | $1K | $1.3M | 20x | as long as short |
| BingX 4-USDTshort | +0.0188% | 4h | 0.02016 | +0.323% | — | $1.4M | — | |
| MEXC 4_USDT | +0.0190% | 4h | 0.02012 | +0.114% | $1.5M | $906K | 100x | as long as short |
| Binance 4USDT | +0.0193% | 4h | 0.02014 | +0.216% | $7.9M | $13.1M | 20x | as long as short |
| Aster 4USDT | +0.0238% | 4h | 0.02012 | +0.114% | $240K | $111K | 5x | as long as short |
| KuCoin 4USDTM | +0.0678% | 4h | 0.02011 | +0.065% | $848K | $12.4M | 20x | as long as short |
| Gate 4_USDT | +0.1968% | 4h | 0.02018 | +0.413% | $540K | $290K | 20x | as long as short |
Variational Omni 4
SunX 4-USDT
MEXC 4_USDT
Binance 4USDT
Aster 4USDT
KuCoin 4USDTM
Gate 4_USDT