Funding you earn now, next payment 00:00 UTC+0.0234%/8h= +25.7% APRnext payment +$1.17 per $10,000 · paid last 24h +0.120%
Price spread now: BingX against Bybit+0.168%7-day average +0.137% · you sell dearer than you buy
Net, funding: paid 7d − costs−$453as in the Funding arb table
Net, price: spread back to 7d avg − costs−$477as in the Price arb table
costs, in and out, $10k−$4804.804% of the position
Funding, last 7 days+0.278%+$28 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.168%, 7d avg +0.137%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BingX is 0.031% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.137%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BUSDT | 0.2027 | 0.0940 | pay 0.0470% / 4h | 1h 28m | $1.7M | $964K | 13x |
| Short | BingX B-USDT | 0.2030 | 0.1174 | get 0.0587% / 4h | 1h 28m | — | $1.2M | — |
Bybit BUSDT
BingX B-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
- $49.23
- Price spread: +0.168% → +0.137%
- $3.06
- Slippage, 4 orders
- −$459.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$428.06
- Costs to cover
- 4.804%
- Break-even
- 67.9 days
Slippage from Bybit: live order book, 3 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, 3 min ago | 4.20 bp | 208.7 bp −$209 | 2937.7 bp −$29.4K | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 32.06 bp | 57.3 bp −$57 | 144.6 bp −$1,446 | 821.2 bp −$82.1K | 1216.9 bp −$608.4K |
B on 11 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 B_USDT | +0.0100% | 4h | 0.2028 | +0.069% | $3.4M | $593K | 20x | as long as short |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2029 | +0.128% | $1.9M | $71K | 10x | as long as short |
| MEXC B_USDT | +0.0854% | 4h | 0.2030 | +0.168% | $975K | $348K | 100x | as long as short |
| Binance BUSDT | +0.0856% | 4h | 0.2030 | +0.144% | $11.7M | $2.0M | 20x | as long as short |
| Extended B-USD | +0.0856% | 1h | 0.2031 | +0.202% | $15K | $117K | 5x | as long as short |
| edgeX BUSDC | +0.0867% | 4h | 0.2032 | +0.278% | $3K | $392K | 5x | as long as short |
| BloFin B-USDT | +0.0914% | 4h | 0.2026 | −0.030% | $596K | $39K | 20x | as long as short |
| Bybit BUSDTlong | +0.0940% | 4h | 0.2027 | long leg | $1.7M | $964K | 13x | |
| BingX B-USDTshort | +0.1174% | 4h | 0.2030 | +0.168% | — | $1.2M | — | |
| Bitget BUSDT | +0.1230% | 4h | 0.2029 | +0.118% | $2.8M | $229K | 10x | as long as short |
Gate B_USDT
KuCoin BUSDTM
MEXC B_USDT
Binance BUSDT
Extended B-USD
edgeX BUSDC
BloFin B-USDT
Bitget BUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1372% | 4h | 0.2031 | +0.193% | $1.9M | $208K | 5x | as long as short |
Aster BUSDT