Funding you earn now, next payment 08:00 UTC−0.0162%/8h= −17.8% APRnext payment −$0.81 per $10,000 · paid last 24h +0.369%
Price spread now: BingX against Bybit+0.061%7-day average +0.155% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2262.256% of the position
Funding, last 4 days (all we have)+0.991%+$99 on $10k
+Price spread, last 4 days (all we have)+0.627%+$63 · spread now +0.061%, 7d avg +0.155%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BingX is 0.094% cheaper against Bybit than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.155%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.991%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STONKUSDT | 0.3300 | 0.3325 | pay 0.1662% / 4h | 19m 00s | $1.5M | $5.9M | 5x |
| Short | BingX STONK-USDT | 0.3302 | 0.3162 | get 0.1581% / 4h | 19m 00s | — | $915K | — |
Bybit STONKUSDT
BingX STONK-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
- −$34.12
- Price spread: +0.061% → +0.155%
- −$9.43
- Slippage, 4 orders
- −$204.59
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$269.14
- Costs to cover
- 2.256%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 40 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 | 6.00 bp | 73.8 bp −$74 | 634.0 bp −$6,340 | doesn't fit | doesn't fit |
| Sell BingX live order book, 40 min ago | 10.51 bp | 40.7 bp −$41 | 225.4 bp −$2,254 | doesn't fit | doesn't fit |
STONK 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC STONK_USDT | +0.0186% | 4h | 0.3306 | +0.170% | $805K | $1.0M | 20x | as long as short |
| Bitget STONKUSDT | +0.0186% | 4h | 0.3306 | +0.191% | $450K | $1.9M | 10x | as long as short |
| Phoenix STONK | +0.1683% | 1h | 0.3328 | +0.855% | $210K | $135K | 3x | as long as short |
| Lighter STONK | +0.2240% | 1h | 0.3323 | +0.706% | $351K | $533K | 5x | as long as short |
| BingX STONK-USDTshort | +0.3162% | 4h | 0.3302 | +0.061% | — | $915K | — | |
| Bybit STONKUSDTlong | +0.3325% | 4h | 0.3300 | long leg | $1.5M | $5.9M | 5x | |
| Aster STONKUSDT | +0.3724% | 1h | 0.3312 | +0.374% | $465K | $1.1M | 10x | as long as short |
| BloFin STONK-USDT | +0.4357% | 4h | 0.3295 | −0.152% | $91K | $195K | 5x | as long as short |
| Gate STONK_USDT | +0.4776% | 4h | 0.3308 | +0.252% | $955K | $2.1M | 10x | as long as short |
MEXC STONK_USDT
Bitget STONKUSDT
Phoenix STONK
Lighter STONK
Aster STONKUSDT
BloFin STONK-USDT
Gate STONK_USDT