Funding arb · Price arb / Crypto
USELESS
All USELESS markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2424 | +0.0377 | pay 0.0188% / 4h | 1h 17m | $2.7M | $3.2M | — | Long BingX | |
| SHORT | 0.2419 | +0.0450 | get 0.0056% / 1h | 17m 58s | $202K | $390K | 10x | Short Arcus5% off |
Price gap−0.219%45s
Funding gap+0.0073% /8h
Funding pays +$2 a day on $10k, but the gap is 0.318% under its 7d average: −$32 if it goes back, about 15 days of funding. At the last 7 days' pace that is about 3.4 days.
The two prices were read 45 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$56+0.0073% /8h now · paid +0.559% over the last 6 days (all we have)
Price—spread −0.219%45s now · prices read too far apart to compare
Costs−$630.633% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.219%
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
/8hUSELESS on 26 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size15.5 / 11.6 bpAt $10k entering BingX costs 15.5 bp, fee and slippage, 1.3× Arcus’s.
- Note: Margin at max leverage— + $1,000BingX —, Arcus 10x. 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: +$2.19Long BingX: 6 payments, −$11.30; short Arcus: 24 payments, +$13.49.
- Watch: Prices read 45 s apart−0.219% vs +0.099%Part of this gap may be the market moving.
- Watch: Short leg is thinner$202K vs $2.7M OIArcus sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Arcus 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+0.0316%/8h × 21 periods+$66.26
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$48.83
Fee BingX bp × 2 orders−$10.00
Fee Arcus bp × 2 orders−$4.50
Net · 7 days · $10k+$2.93
price spread not counted: prices read too far apartCosts to cover0.633%Break-even6.7 days
Slippage: BingX: live order book, 16 min ago; Arcus: live order book, 44 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX3.9015.5 bp−$1550.4 bp−$504373.0 bp−$37.3Kdoesn’t fit
SELL · SHORTArcus7.9211.6 bp−$1230.2 bp−$302doesn’t fitdoesn’t fit
Closing costs about the same again.
