Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against BingX−0.050%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$880.879% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days+0.024%+$2 · spread now −0.050%, 7d avg −0.050%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX S-USDT | 0.04019 | 0.0100 | pay 0.0050% / 4h | 2h 18m | — | $6.8M | — |
| Short | Bybit SUSDT | 0.04017 | 0.0100 | get 0.0050% / 4h | 2h 18m | $5.7M | $4.3M | 50x |
Funding 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: −0.050% → −0.050%
- $0
- Slippage, 4 orders
- −$66.86
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$87.87
- Costs to cover
- 0.879%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 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, 4 min ago | 3.74 bp | 26.2 bp −$26 | 81.3 bp −$813 | 450.7 bp −$45.1K | 703.8 bp −$351.9K |
| Sell Bybit live order book, 5 min ago | 2.49 bp | 25.5 bp −$26 | 72.4 bp −$724 | doesn't fit | doesn't fit |
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −0.9952% | 1h | 0.03850 | −4.205% | $24K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.1809% | 1h | 0.04020 | +0.016% | $35K | $16K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1232% | 1h | 0.03961 | −1.443% | $48K | $18K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04019 | +0.010% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04019 | +0.003% | $4 | — | 15x | as long as short |
| Variational Omni S | −0.0081% | 4h | 0.04012 | −0.167% | $623K | $25K | — | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04020 | +0.029% | $620 | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +2.015% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0084% | 4h | 0.04022 | +0.075% | $100K | $553K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04027 | +0.199% | $171K | $140K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04018 | −0.025% | $1.0M | $595K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04022 | +0.087% | $47K | $111K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04022 | +0.075% | $5.7M | $13.7M | 75x | as long as short |
| Bybit SUSDTshort | +0.0100% | 4h | 0.04017 | −0.050% | $5.7M | $4.3M | 50x | |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04020 | +0.025% | $1.0M | $3.8M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04019 | 0.000% | $327K | $185K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04022 | +0.075% | $3.8M | $1.7M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04016 | −0.075% | $1.8M | $2.7M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04022 | +0.075% | $1.2M | $2.3M | 50x | as long as short |
| BingX S-USDTlong | +0.0100% | 4h | 0.04019 | long leg | — | $6.8M | — | |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04020 | +0.025% | $24K | $483K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04019 | −0.001% | $226K | $593K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04024 | +0.124% | $277K | $115K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0745% | 1h | 0.04026 | +0.174% | $68K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.2365% | 1h | 0.04040 | +0.523% | $117K | $426K | 5x | as long as short |
BingX S-USDT
Bybit SUSDT
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Variational Omni S
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP