Funding you earn now, next payment 04:00 UTC+0.0224%/8h= +24.5% APRnext payment +$1.12 per $10,000 · paid last 24h +0.016%
Price spread now: BingX against Bybit−0.081%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$334as in the Funding arb table
Net, price: spread back to 7d avg − costs−$342as in the Price arb table
costs, in and out, $10k−$3363.360% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.081%, 7d avg −0.017%
=Funding pays, the price is against you. BingX is 0.064% cheaper against Bybit than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of −0.017%). If the spread goes back, that is −$6 on $10k: about 23 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.016% in total) that is about 29 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.016% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.12 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ACTUSDT | 0.01111 | 0.0140 | pay 0.0070% / 4h | 2h 23m | $598K | $413K | 25x |
| Short | BingX ACT-USDT | 0.01110 | 0.0364 | get 0.0182% / 4h | 2h 23m | — | $1.3M | — |
Bybit ACTUSDT
BingX ACT-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
- $47.08
- Price spread: −0.081% → −0.017%
- −$6.4
- Slippage, 4 orders
- −$315
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$295.32
- Costs to cover
- 3.360%
- Break-even
- 50.9 days
Slippage from Bybit: live order book, 36 min ago; BingX: live order book, 2 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, 36 min ago | 5.43 bp | 121.4 bp −$121 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 4.05 bp | 27.7 bp −$28 | 157.5 bp −$1,575 | 656.6 bp −$65.7K | 969.8 bp −$484.9K |
ACT on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDT | +0.0100% | 4h | 0.01109 | −0.178% | $2.1M | $2.3M | 10x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01109 | −0.189% | $6.5M | $111K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01110 | −0.099% | $268K | $87K | 10x | as long as short |
| Bybit ACTUSDTlong | +0.0140% | 4h | 0.01111 | long leg | $598K | $413K | 25x | |
| BingX ACT-USDTshort | +0.0364% | 4h | 0.01110 | −0.081% | — | $1.3M | — | |
| OKX ACT-USDT-SWAP | +0.0369% | 4h | 0.01112 | +0.054% | $802K | $1.5M | 10x | as long as short |
| Gate ACT_USDT | +0.0418% | 4h | 0.01111 | −0.009% | $143K | $77K | 25x | as long as short |
Binance ACTUSDT
MEXC ACT_USDT
Bitget ACTUSDT
OKX ACT-USDT-SWAP
Gate ACT_USDT