Funding you earn now, next payment 08:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.039%
Price spread now: BingX against Bybit+0.026%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1101.103% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 7 days−0.066%−$7 · spread now +0.026%, 7d avg −0.012%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BingX is 0.038% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IDUSDT | 0.03842 | 0.0100 | pay 0.0100% / 8h | 3h 50m | $1.5M | $1.1M | 25x |
| Short | BingX ID-USDT | 0.03843 | 0.0280 | get 0.0140% / 4h | 3h 50m | — | $2.3M | — |
Bybit IDUSDT
BingX ID-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
- $37.8
- Price spread: +0.026% → −0.012%
- $3.82
- Slippage, 4 orders
- −$89.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$68.73
- Costs to cover
- 1.103%
- Break-even
- 19.7 days
Slippage from Bybit: live order book, just now; BingX: live order book, 8 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, just now | 5.20 bp | 34.4 bp −$34 | 834.7 bp −$8,347 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 6.49 bp | 22.0 bp −$22 | 56.1 bp −$561 | 388.7 bp −$38.9K | 465.0 bp −$232.5K |
ID 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ID_USDT | −0.0722% | 4h | 0.03844 | +0.052% | $255K | $224K | 25x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03843 | +0.036% | $9K | $1K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03840 | −0.040% | $2.4M | $3.8M | 50x | as long as short |
| Bybit IDUSDTlong | +0.0100% | 8h | 0.03842 | long leg | $1.5M | $1.1M | 25x | |
| MEXC ID_USDT | +0.0100% | 4h | 0.03842 | 0.000% | $414K | $207K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03847 | +0.130% | $1.1M | $60K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03844 | +0.061% | $12K | $20K | — | as long as short |
| BloFin ID-USDT | +0.0141% | 4h | 0.03848 | +0.156% | $160K | $14K | 50x | as long as short |
| Bitget IDUSDT | +0.0266% | 4h | 0.03847 | +0.130% | $824K | $647K | 50x | as long as short |
| BingX ID-USDTshort | +0.0280% | 4h | 0.03843 | +0.026% | — | $2.3M | — |
Gate ID_USDT
Aster IDUSDT
Binance IDUSDT
MEXC ID_USDT
KuCoin IDUSDTM
Variational Omni ID
BloFin ID-USDT
Bitget IDUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0876% | 1h | 0.03842 | 0.000% | $4K | $2K | 10x | as long as short |
Kraken Futures PF_IDUSD