Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.05440 | +0.0100 | pay 0.0050% / 4h | 3h 05m | $1K | $666K | 20x | Long SunX≤10% back | |
| SHORT | 0.05566 | +0.0034 | get 0.0017% / 4h | 3h 05m | $913K | $1.7M | — | Short BingX |
Price gap+2.316%
Funding gap−0.0066% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.088% 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−$1−0.0066% /8h now · paid −0.007% over the last 7D
Price−$9spread +2.316% now, avg +2.404% → −0.088% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$9−0.09%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
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+2.316%
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
/8hEDEN on 10 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$500 + —SunX 20x, BingX —. 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: −$1.98Long SunX: 6 payments, −$3.00; short BingX: 6 payments, +$1.02.
- Watch: Gap narrower than usual+2.316% vs +2.404%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$1K vs $913K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · BingX 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−0.0003%/8h × 21 periods−$0.66
Price spread+2.316% → +2.404% (7d avg)−$8.77
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 36 min ago; BingX: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX267.28doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX4.4930.2 bp−$3091.2 bp−$9121140.1 bp−$114.0Kdoesn’t fit
Closing costs about the same again.

