Funding you earn now, next payment 04:00 UTC+0.0564%/8h= +61.8% APRnext payment +$2.82 per $10,000 · paid last 24h +0.120%
Price spread now: BingX against Bybit+0.059%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1591.588% of the position
Funding, last 7 days+0.330%+$33 on $10k
+Price spread, last 7 days+0.087%+$9 · spread now +0.059%, 7d avg +0.082%
=Funding pays, the price is against you. BingX is 0.023% cheaper against Bybit than usual: you would sell low and buy high (spread +0.059% now, against its 7-day average of +0.082%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.330% in total) that is about 12 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.330% in total (about 17.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.82 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 B2USDT | 0.5084 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $1.6M | $2.3M | 20x |
| Short | BingX B2-USDT | 0.5087 | 0.0664 | get 0.0332% / 4h | 1h 36m | — | $1.4M | — |
Bybit B2USDT
BingX B2-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
- $118.44
- Price spread: +0.059% → +0.082%
- −$2.26
- Slippage, 4 orders
- −$137.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$42.64
- Costs to cover
- 1.588%
- Break-even
- 9.5 days
Slippage from Bybit: live order book, 5 min ago; BingX: live order book, 9 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, 5 min ago | 7.86 bp | 47.9 bp −$48 | 437.2 bp −$4,372 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 7.90 bp | 35.5 bp −$36 | 157.5 bp −$1,575 | 1021.7 bp −$102.2K | doesn't fit |
B2 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 B2USDTlong | +0.0100% | 4h | 0.5084 | long leg | $1.6M | $2.3M | 20x | |
| Bitget B2USDT | +0.0546% | 4h | 0.5088 | +0.079% | $2.8M | $1.1M | 50x | as long as short |
| BingX B2-USDTshort | +0.0664% | 4h | 0.5087 | +0.059% | — | $1.4M | — | |
| MEXC B2_USDT | +0.0690% | 4h | 0.5085 | +0.020% | $584K | $419K | 100x | as long as short |
| Binance B2USDT | +0.0692% | 4h | 0.5087 | +0.064% | $8.2M | $10.8M | 50x | as long as short |
| Variational Omni B2 | +0.0761% | 4h | 0.5088 | +0.079% | $14K | $2K | — | as long as short |
| Aster B2USDT | +0.1039% | 4h | 0.5079 | −0.093% | $158K | $167K | 5x | as long as short |
| KuCoin B2USDTM | +0.1152% | 4h | 0.5093 | +0.177% | $1.0M | $304K | 50x | as long as short |
| Gate B2_USDT | +0.2278% | 4h | 0.5097 | +0.256% | $910K | $358K | 20x | as long as short |
Bitget B2USDT
MEXC B2_USDT
Binance B2USDT
Variational Omni B2
Aster B2USDT
KuCoin B2USDTM
Gate B2_USDT