Settings8H · net · $10k
Funding arb · Price arb /

CVC

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.811%
Price spread now: BingX against Bybit+0.260%7-day average −0.145% · you sell dearer than you buy
Net, funding: paid 7d − costs+$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$840.841% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.955%+$95 on $10k
Price spread, last 6 days (all we have)−0.688%−$69 · spread now +0.260%, 7d avg −0.145%
Together, before fees+0.267%+$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.405% dearer against Bybit than usual: you sell high and buy low, +$40 on $10k if it goes back to its 7-day average of −0.145%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CVCUSDT0.026940.0100pay 0.0013% / 1h38m 34s$1.6M$1.8M25x
ShortBingX CVC-USDT0.027010.0100get 0.0050% / 4h38m 34s$2.4M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.260% → −0.145%
$40.46
Slippage, 4 orders
−$63.13
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$43.66
Costs to cover
0.841%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago1.85 bp23.1 bp −$23218.9 bp −$2,189doesn't fitdoesn't fit
Sell BingX live order book, 10 min ago5.52 bp17.5 bp −$1773.5 bp −$735737.9 bp −$73.8K1269.0 bp −$634.5K

CVC on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CVCUSDT+0.0100%4h0.02702+0.297%$2.8M$5.8M50xas long as short
Bybit CVCUSDTlong+0.0100%1h0.02694long leg$1.6M$1.8M25x
Gate CVC_USDT+0.0100%4h0.02705+0.408%$200K$304K25xas long as short
MEXC CVC_USDT+0.0100%4h0.02702+0.297%$657K$138K20xas long as short
Bitget CVCUSDT+0.0100%4h0.02702+0.297%$429K$498K50xas long as short
BingX CVC-USDTshort+0.0100%4h0.02701+0.260%$2.4M
KuCoin CVCUSDTM+0.0454%4h0.02709+0.557%$1.3M$432K30xas long as short
Variational Omni CVC+0.3744%1h0.02701+0.259%$2K$1Kas long as short