Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.4864 | −0.0448 | get 0.0056% / 1h | 52m 30s | $1K | $209K | 20x | Long Bullet | |
| SHORT | 0.4866 | +0.0100 | get 0.0050% / 4h | 3h 52m | $4.0M | $14.2M | — | Short BingX |
Price gap+0.043%
Funding gap+0.0548% /8h
Both sides work: funding pays +$16 a day on $10k, and the gap is 0.043% above its 7d average: +$4 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$67+0.0548% /8h now · paid +0.667% over the last 7D
Price+$4spread +0.043% now, avg 0.000% → +0.043% if it goes back
Costs−$190.186% of $10k · taker + slippage, in and out
Result+$52+0.52%+ 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+0.043%
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
2 ok · 4 to watch- Watch: Large against open interest0.7 / 8.0 bp$10k is over 10% of Bullet’s open interest.
- Note: Margin at max leverage$500 + —Bullet 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$16.44Long Bullet: 24 payments, +$13.44; short BingX: 6 payments, +$3.00.
- OK: Entry gap works for you+0.043% vs 0.000%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$1K 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: KYCBullet 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+0.0317%/8h × 21 periods+$66.67
Price spread+0.043% → 0.000% (7d avg)+$4.29
Slippage, 4 orderslive order books−$8.60
Fee Bullet bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k+$52.35
Costs to cover0.186%Break-even1.5 days
Slippage: Bullet: live order book, 15 min ago; BingX: live order book, 15 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBullet0.710.7 bp−$18.5 bp−$85doesn’t fitdoesn’t fit
SELL · SHORTBingX1.028.0 bp−$818.2 bp−$18262.7 bp−$6,268344.8 bp−$172.4K
Closing costs about the same again.
| 10-20 08:16 | Bullet | Listing | new market TIA-USD ($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 ↗ |

