Funding you earn now, next payment 08:00 UTC+0.0069%/8h= +7.6% APRnext payment +$0.35 per $10,000 · paid last 24h +0.052%
Price spread now: BingX against Bybit−0.087%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$284as in the Funding arb table
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$2912.906% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)−0.045%−$5 · spread now −0.087%, 7d avg −0.049%
=Funding pays, the price is against you. BingX is 0.039% cheaper against Bybit than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of −0.049%). If the spread goes back, that is −$4 on $10k: about 45 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.070% in total) that is about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BBUSDT | 0.009152 | 0.0535 | pay 0.0267% / 4h | 2h 56m | $692K | $813K | 25x |
| Short | BingX BB-USDT | 0.009144 | 0.0604 | get 0.0302% / 4h | 2h 56m | — | $1.3M | — |
Bybit BBUSDT
BingX BB-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
- $14.56
- Price spread: −0.087% → −0.049%
- −$3.86
- Slippage, 4 orders
- −$269.64
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$279.95
- Costs to cover
- 2.906%
- Break-even
- 141.6 days
Slippage from Bybit: live order book, 54 min ago; BingX: live order book, 5 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, 54 min ago | 4.91 bp | 121.1 bp −$121 | 597.6 bp −$5,976 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 6.59 bp | 28.7 bp −$29 | 138.3 bp −$1,383 | 532.4 bp −$53.2K | doesn't fit |
BB 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BBUSD | −0.0381% | 1h | 0.009122 | −0.326% | $22K | $3K | 10x | as long as short |
| Aster BBUSDT | +0.0100% | 4h | 0.009140 | −0.131% | $13K | $13K | 5x | as long as short |
| Binance BBUSDT | +0.0100% | 4h | 0.009134 | −0.202% | $3.3M | $7.0M | 50x | as long as short |
| Gate BB_USDT | +0.0100% | 4h | 0.009140 | −0.131% | $136K | $231K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.009134 | −0.197% | $1.4M | $574K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009130 | −0.240% | $448K | $98K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.009140 | −0.131% | $343K | $496K | 50x | as long as short |
| Bybit BBUSDTlong | +0.0535% | 4h | 0.009152 | long leg | $692K | $813K | 25x | |
| BingX BB-USDTshort | +0.0604% | 4h | 0.009144 | −0.087% | — | $1.3M | — |
Kraken Futures PF_BBUSD
Aster BBUSDT
Binance BBUSDT
Gate BB_USDT
MEXC BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT