Funding you earn now, next payment 12:00 UTC+0.0998%/8h= +109.3% APRnext payment +$4.99 per $10,000 · paid last 24h +0.005%
Price spread now: Bybit against BingX−0.122%7-day average −0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1291.294% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 7 days+0.106%+$11 · spread now −0.122%, 7d avg −0.114%
=The price spread sits at its 7-day average of −0.114%, so right now this pair is about funding alone: +$30 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.075% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.99 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 | BingX BR-USDT | 1.1510 | 0.0174 | pay 0.0087% / 4h | 3h 57m | — | $5.6M | — |
| Short | Bybit BRUSDT | 1.1496 | 0.1172 | get 0.0586% / 4h | 3h 57m | $11.2M | $21.7M | 5x |
BingX BR-USDT
Bybit BRUSDTFunding 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
- $209.63
- Price spread: −0.122% → −0.114%
- −$0.85
- Slippage, 4 orders
- −$108.41
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $79.37
- Costs to cover
- 1.294%
- Break-even
- 4.3 days
Slippage from BingX: live order book, 8 min ago; Bybit: live order book, 1 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 | 0.04 bp | 14.6 bp −$15 | 60.7 bp −$607 | 361.4 bp −$36.1K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.82 bp | 46.2 bp −$46 | 165.1 bp −$1,651 | doesn't fit | doesn't fit |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BR | +0.0100% | 4h | 1.1502 | −0.070% | $274K | $259K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1491 | −0.163% | — | $739K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1553 | +0.367% | $88K | $235K | 20x | as long as short |
| BingX BR-USDTlong | +0.0174% | 4h | 1.1510 | long leg | — | $5.6M | — | |
| Aster BRUSDT | +0.0231% | 4h | 1.1495 | −0.134% | $669K | $2.2M | 5x | as long as short |
| KuCoin BRUSDTM | +0.0306% | 4h | 1.1501 | −0.078% | $5.0M | $4.9M | 30x | as long as short |
| Bitget BRUSDT | +0.0352% | 4h | 1.1513 | +0.022% | $8.4M | $9.7M | 10x | as long as short |
| Gate BR_USDT | +0.0622% | 4h | 1.1505 | −0.043% | $7.6M | $7.7M | 20x | as long as short |
| MEXC BR_USDT | +0.0866% | 4h | 1.1504 | −0.053% | $15.5M | $6.0M | 100x | as long as short |
| Binance BRUSDT | +0.0868% | 4h | 1.1504 | −0.051% | $54.8M | $132.3M | 25x | as long as short |
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Aster BRUSDT
KuCoin BRUSDTM
Bitget BRUSDT
Gate BR_USDT
MEXC BR_USDT
Binance BRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BRUSDTshort | +0.1172% | 4h | 1.1496 | −0.122% | $11.2M | $21.7M | 5x |