Funding you earn now, next payment 04:00 UTC−0.1754%/8h= −192.1% APRnext payment −$8.77 per $10,000 · paid last 24h −0.132%
Price spread now: Bybit against BingX0.000%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1241.236% of the position
Funding, last 7 days−0.788%−$79 on $10k
+Price spread, last 7 days+0.154%+$15 · spread now 0.000%, 7d avg +0.082%
=Both sides work against this trade now: funding costs −$53 a day on $10k at the current rate, and Bybit is 0.082% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.082%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.788% in total (about -41.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.77 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 ESPORTS-USDT | 0.01037 | 0.2966 | pay 0.1483% / 4h | 1h 58m | — | $1.4M | — |
| Short | Bybit ESPORTSUSDT | 0.01037 | 0.1212 | get 0.0606% / 4h | 1h 58m | $1.8M | $1.1M | 10x |
BingX ESPORTS-USDT
Bybit ESPORTSUSDTFunding 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
- −$368.34
- Price spread: 0.000% → +0.082%
- −$8.21
- Slippage, 4 orders
- −$102.57
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$500.13
- Costs to cover
- 1.236%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago | 9.64 bp | 19.7 bp −$20 | 95.2 bp −$952 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.82 bp | 45.9 bp −$46 | 525.6 bp −$5,256 | doesn't fit | doesn't fit |
ESPORTS on 8 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 ESPORTS_USDT | +0.1128% | 4h | 0.01038 | +0.096% | $371K | $552K | 10x | as long as short |
| Variational Omni ESPORTS | +0.1192% | 4h | 0.01037 | +0.031% | $31K | $507 | — | as long as short |
| Bybit ESPORTSUSDTshort | +0.1212% | 4h | 0.01037 | 0.000% | $1.8M | $1.1M | 10x | |
| KuCoin ESPORTSUSDTM | +0.1690% | 4h | 0.01036 | −0.096% | $787K | $43K | 10x | as long as short |
| Aster ESPORTSUSDT | +0.2329% | 4h | 0.01037 | −0.039% | $126K | $84K | 5x | as long as short |
| Binance ESPORTSUSDT | +0.2916% | 4h | 0.01036 | −0.096% | $5.8M | $4.6M | 10x | as long as short |
| MEXC ESPORTS_USDT | +0.2928% | 4h | 0.01036 | −0.096% | $1.4M | $183K | 20x | as long as short |
| BingX ESPORTS-USDTlong | +0.2966% | 4h | 0.01037 | long leg | — | $1.4M | — |
Gate ESPORTS_USDT
Variational Omni ESPORTS
KuCoin ESPORTSUSDTM
Aster ESPORTSUSDT
Binance ESPORTSUSDT
MEXC ESPORTS_USDT