Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.049%
Price spread now: Bybit against BingX−0.099%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$576as in the Funding arb table
Net, price: spread back to 7d avg − costs−$537as in the Price arb table
costs, in and out, $10k−$5395.393% of the position
Funding, last 7 days−0.365%−$36 on $10k
+Price spread, last 7 days−0.069%−$7 · spread now −0.099%, 7d avg −0.123%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.024% dearer against BingX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.123%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARX-USDT | 0.2019 | 0.0528 | pay 0.0264% / 4h | 2h 29m | — | $1.7M | — |
| Short | Bybit ARXUSDT | 0.2017 | 0.0532 | get 0.0266% / 4h | 2h 29m | $4.0M | $2.3M | 20x |
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
- $0.76
- Price spread: −0.099% → −0.123%
- $2.41
- Slippage, 4 orders
- −$518.33
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$536.17
- Costs to cover
- 5.393%
- Break-even
- 4971.5 days
Slippage from BingX: live order book, 8 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, 8 min ago | 7.38 bp | 40.3 bp −$40 | 196.9 bp −$1,969 | 1182.0 bp −$118.2K | 1356.6 bp −$678.3K |
| Sell Bybit live order book, 3 min ago | 4.94 bp | 205.1 bp −$205 | 1269.5 bp −$12.7K | doesn't fit | doesn't fit |
ARX on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARX_USDT | +0.0100% | 4h | 0.2025 | +0.297% | $1.0M | $428K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2019 | −0.005% | $1.9M | $1.7M | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0272% | 4h | 0.2019 | +0.005% | $732K | $650K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0296% | 4h | 0.2018 | −0.050% | $716K | $2.9M | 20x | as long as short |
| BloFin ARX-USDT | +0.0328% | 4h | 0.2020 | +0.050% | $194K | $51K | 20x | as long as short |
| Binance ARXUSDT | +0.0526% | 4h | 0.2017 | −0.081% | $5.5M | $10.9M | 20x | as long as short |
| BingX ARX-USDTlong | +0.0528% | 4h | 0.2019 | long leg | — | $1.7M | — | |
| Bybit ARXUSDTshort | +0.0532% | 4h | 0.2017 | −0.099% | $4.0M | $2.3M | 20x | |
| MEXC ARX_USDT | +0.0532% | 4h | 0.2017 | −0.099% | $880K | $400K | 20x | as long as short |
| Aster ARXUSDT | +0.0866% | 4h | 0.2021 | +0.102% | $101K | $72K | 10x | as long as short |
BingX ARX-USDT
Bybit ARXUSDT
Gate ARX_USDT
Bitget ARXUSDT
KuCoin ARXUSDTM
OKX ARX-USDT-SWAP
BloFin ARX-USDT
Binance ARXUSDT
MEXC ARX_USDT
Aster ARXUSDT