Funding you earn now, next payment 04:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h −0.024%
Price spread now: BingX against Bybit−0.035%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1521.522% of the position
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now −0.035%, 7d avg +0.031%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.066% cheaper against Bybit than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit JSTUSDT | 0.1141 | 0.0100 | pay 0.0100% / 8h | 6h 02m | $1.8M | $1.1M | 75x |
| Short | BingX JST-USDT | 0.1141 | 0.0036 | get 0.0018% / 4h | 2h 02m | — | $2.3M | — |
Bybit JSTUSDT
BingX JST-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
- −$13.44
- Price spread: −0.035% → +0.031%
- −$6.64
- Slippage, 4 orders
- −$131.22
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$172.29
- Costs to cover
- 1.522%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 2 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, 4 min ago | 4.39 bp | 54.4 bp −$54 | 257.6 bp −$2,576 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 3.51 bp | 22.4 bp −$22 | 58.0 bp −$580 | 285.1 bp −$28.5K | 911.6 bp −$455.8K |
JST on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX JST-USDTshort | +0.0036% | 4h | 0.1141 | −0.035% | — | $2.3M | — | |
| Binance JSTUSDT | +0.0100% | 4h | 0.1142 | +0.018% | $6.8M | $8.6M | 75x | as long as short |
| Bybit JSTUSDTlong | +0.0100% | 8h | 0.1141 | long leg | $1.8M | $1.1M | 75x | |
| Gate JST_USDT | +0.0100% | 4h | 0.1141 | −0.044% | $170K | $64K | 25x | as long as short |
| MEXC JST_USDT | +0.0100% | 4h | 0.1141 | 0.000% | $950K | $275K | 50x | as long as short |
| Bitget JSTUSDT | +0.0100% | 4h | 0.1141 | −0.061% | $2.0M | $557K | 75x | as long as short |
| Variational Omni JST | +0.0100% | 8h | 0.1139 | −0.206% | $39K | $89K | — | as long as short |
| SunX JST-USDT | +0.0100% | 4h | 0.1140 | −0.116% | $435K | $1.3M | 20x | as long as short |
| HTX JST-USDT | +0.0100% | 4h | 0.1140 | −0.123% | $990K | $64K | 75x | as long as short |
Binance JSTUSDT
Gate JST_USDT
MEXC JST_USDT
Bitget JSTUSDT
Variational Omni JST
SunX JST-USDT
HTX JST-USDT