Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.4867 | +0.0100 | pay 0.0050% / 4h | 56m 35s | $4.0M | $14.1M | — | Long BingX | |
| SHORT | 0.4868 | −0.0007 | pay 0.0001% / 1h | 56m 35s | $3K | $204K | 20x | Short Bullet |
Price gap+0.012%
Funding gap−0.0107% /8h
Funding costs $3 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$67−0.0107% /8h now · paid −0.671% over the last 7D
Price+$1spread +0.012% now, avg 0.000% → +0.013% if it goes back
Costs−$240.239% of $10k · taker + slippage, in and out
Result−$90−0.90%+ Points / potential airdropBullet: points · farm boardWhat 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+0.012%
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
/8hTIA on 28 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Large against open interest9.4 / 2.5 bp$10k is over 10% of Bullet’s open interest.
- Note: Margin at max leverage— + $500BingX —, Bullet 20x. 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: −$3.21Long BingX: 6 payments, −$3.00; short Bullet: 24 payments, −$0.21.
- Note: Gap at its usual level+0.012% vs 0.000%The price leg adds little either way.
- Watch: Short leg is thinner$3K vs $4.0M OIBullet sets your exit cost. Check its book before closing.
- OK: Points on a legBullet pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · Bullet 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−0.0319%/8h × 21 periods−$67.08
Price spread+0.012% → 0.000% (7d avg)+$1.27
Slippage, 4 orderslive order books−$13.88
Fee BingX bp × 2 orders−$10.00
Fee Bullet bp × 2 orders$0.00
Net · 7 days · $10k−$89.69
Costs to cover0.239%Break-evennever at this rate
Slippage: BingX: live order book, 11 min ago; Bullet: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.029.4 bp−$915.8 bp−$15857.1 bp−$5,711377.3 bp−$188.6K
SELL · SHORTBullet2.542.5 bp−$36.8 bp−$68doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-20 08:16 | Bullet | Listing | new market TIA-USD ($TIA) seen by our collector |
| 10-20 07:59 | Bullet | Listing | By popular demand, $TIA perps are now live on Bullet. 24/7. Up to 20x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗ |