Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01685 | +0.0978 | pay 0.0489% / 4h | 15m 44s | $959K | $1.7M | — | Long BingX | |
| SHORT | 0.01685 | +0.0104 | get 0.0013% / 1h | 15m 44s | $2K | $170K | 5x | Short Extended10% off |
Price gap−0.027%
Funding gap−0.0874% /8h
The gap pays +$12 on $10k if it goes back to its 7d average, but funding costs $26 a day and eats that in about 11 hours. At the last 7 days' pace that is about 34 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$61−0.0874% /8h now · paid −0.606% over the last 7D
Price+$12spread −0.027% now, avg −0.151% → +0.124% if it goes back
Costs−$2022.021% of $10k · taker + slippage, in and out
Result−$250−2.50%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.606% in total, about −0.0289%/8h on average.
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−0.027%
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
/8hPLAY on 7 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size26.0 / 79.6 bpAt $10k entering Extended costs 79.6 bp, fee and slippage, 3.1× BingX’s.
- Note: Margin at max leverage— + $2,000BingX —, Extended 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$26.22Long BingX: 6 payments, −$29.34; short Extended: 24 payments, +$3.12.
- OK: Entry gap works for you−0.027% vs −0.151%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$2K vs $959K OIExtended sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · Extended NoAdvanced 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−0.0289%/8h × 21 periods−$60.64
Price spread−0.027% → −0.151% (7d avg)+$12.39
Slippage, 4 orderslive order books−$187.12
Fee BingX bp × 2 orders−$10.00
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k−$250.37
Costs to cover2.021%Break-evennever at this rate
Slippage: BingX: live order book, 2 min ago; Extended: live order book, 17 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX8.9726.0 bp−$26103.8 bp−$1,038doesn’t fitdoesn’t fit
SELL · SHORTExtended7.8079.6 bp−$80doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.