Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Bybit against BingX+0.212%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1191.189% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 7 days−0.233%−$23 · spread now +0.212%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.217% dearer against BingX than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GMT-USDT | 0.008472 | 0.0100 | pay 0.0050% / 4h | 3h 56m | — | $1.3M | — |
| Short | Bybit GMTUSDT | 0.008490 | 0.0100 | get 0.0100% / 8h | 7h 56m | $1.1M | $2.1M | 50x |
BingX GMT-USDT
Bybit GMTUSDTFunding 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
- $0
- Price spread: +0.212% → −0.004%
- $21.69
- Slippage, 4 orders
- −$97.88
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$97.2
- Costs to cover
- 1.189%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Bybit: 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 BingX live order book, 2 min ago | 5.31 bp | 26.7 bp −$27 | 76.5 bp −$765 | 505.1 bp −$50.5K | 831.8 bp −$415.9K |
| Sell Bybit live order book, 5 min ago | 4.71 bp | 33.5 bp −$33 | 200.6 bp −$2,006 | doesn't fit | doesn't fit |
GMT on 12 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_GMTUSD | −0.1414% | 1h | 0.008477 | +0.056% | $43K | $13K | 20x | as long as short |
| Variational Omni GMT | −0.0176% | 8h | 0.008485 | +0.152% | $4K | $6K | — | as long as short |
| KuCoin GMTUSDTM | −0.0090% | 4h | 0.008470 | −0.024% | $240K | $204K | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0068% | 4h | 0.008483 | +0.130% | $387K | $1.3M | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008477 | +0.059% | $122K | $151K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008480 | +0.094% | $7K | $24K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008476 | +0.050% | $2.8M | $5.6M | 50x | as long as short |
| Bybit GMTUSDTshort | +0.0100% | 8h | 0.008490 | +0.212% | $1.1M | $2.1M | 50x | |
| Gate GMT_USDT | +0.0100% | 8h | 0.008480 | +0.094% | $138K | $176K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008478 | +0.071% | $447K | $213K | 20x | as long as short |
Kraken Futures PF_GMTUSD
Variational Omni GMT
KuCoin GMTUSDTM
OKX GMT-USDT-SWAP
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Gate GMT_USDT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDT | +0.0100% | 4h | 0.008485 | +0.153% | $711K | $654K | 50x | as long as short |
| BingX GMT-USDTlong | +0.0100% | 4h | 0.008472 | long leg | — | $1.3M | — |
Bitget GMTUSDT