Funding you earn now, next payment 08:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.30 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX−0.045%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$284as in the Funding arb table
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2752.749% of the position
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.045%, 7d avg −0.025%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.020% cheaper against BingX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.025%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SXT-USDT | 0.008987 | 0.0100 | pay 0.0050% / 4h | 40m 44s | — | $6.5M | — |
| Short | Bybit SXTUSDT | 0.008983 | 0.0041 | get 0.0020% / 4h | 40m 44s | $549K | $308K | 13x |
BingX SXT-USDT
Bybit SXTUSDTFunding 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
- −$12.42
- Price spread: −0.045% → −0.025%
- −$2
- Slippage, 4 orders
- −$253.85
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$289.27
- Costs to cover
- 2.749%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Bybit: live order book, 54 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, 9 min ago | 8.35 bp | 42.5 bp −$43 | 131.6 bp −$1,316 | 969.2 bp −$96.9K | doesn't fit |
| Sell Bybit live order book, 54 min ago | 3.94 bp | 102.1 bp −$102 | doesn't fit | doesn't fit | doesn't fit |
SXT 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SXTUSDTshort | +0.0041% | 4h | 0.008983 | −0.045% | $549K | $308K | 13x | |
| BloFin SXT-USDT | +0.0100% | 4h | 0.008989 | +0.022% | $111K | $11K | 25x | as long as short |
| Aster SXTUSDT | +0.0100% | 4h | 0.008977 | −0.109% | $6K | $44 | 5x | as long as short |
| Binance SXTUSDT | +0.0100% | 4h | 0.008984 | −0.030% | $1.7M | $2.2M | 25x | as long as short |
| MEXC SXT_USDT | +0.0100% | 4h | 0.008984 | −0.033% | $2.0M | $122K | 50x | as long as short |
| KuCoin SXTUSDTM | +0.0100% | 4h | 0.009000 | +0.145% | $129K | $80K | 25x | as long as short |
| Bitget SXTUSDT | +0.0100% | 4h | 0.008995 | +0.089% | $487K | $115K | 25x | as long as short |
| BingX SXT-USDTlong | +0.0100% | 4h | 0.008987 | long leg | — | $6.5M | — | |
| Variational Omni SXT | +0.0100% | 4h | 0.008977 | −0.108% | $442 | $5K | — | as long as short |
BloFin SXT-USDT
Aster SXTUSDT
Binance SXTUSDT
MEXC SXT_USDT
KuCoin SXTUSDTM
Bitget SXTUSDT
Variational Omni SXT