Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.0004820 | +0.0800 | pay 0.0400% / 4h | 1h 05m | $969K | $252K | — | Long BingX | |
| SHORT | 0.0004850 | −0.1660 | pay 0.0830% / 4h | 1h 05m | $169K | $46K | 5x | Short Gate |
Price gap+0.622%
Funding gap−0.2460% /8h
Both sides work against this direction now: funding costs $74 a day on $10k and the gap is 2.918% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$191−0.2460% /8h now · paid −1.906% over the last 7D
Price−$292spread +0.622% now, avg +3.540% → −2.918% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$482−4.82%no pointscosts unknown: book too thin at $10k ·
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.622%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hBEN on 2 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than Gate’s order book right now.
- Note: Margin at max leverage— + $2,000BingX —, Gate 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$73.80Long BingX: 6 payments, −$24.00; short Gate: 6 payments, −$49.80.
- Watch: Gap narrower than usual+0.622% vs +3.540%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$169K vs $969K OIGate sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Gate YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0907%/8h × 21 periods−$190.57
Price spread+0.622% → +3.540% (7d avg)−$291.76
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee BingX bp × 2 orders−$10.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: BingX: live order book, 51 min ago; Gate: live order book, 39 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX51.49202.1 bp−$202doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTGate30.58doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.

