Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 46.497 | 0 | 0.0000% / 8h | 5h 59m | $306K | $984K | 20x | Long Bitget | |
| SHORT | 46.429 | −0.0140 | pay 0.0140% / 8h | 5h 59m | $975K | $413K | — | Short BingX |
Price gap−0.146%
Funding gap−0.0140% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.148% 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−$27−0.0140% /8h now · paid −0.270% over the last 7D
Price−$15spread −0.146% now, avg +0.002% → −0.148% if it goes back
Costs−$2172.173% of $10k · taker + slippage, in and out
Result−$259−2.59%no points
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−0.146%
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
/8hAAPU on 4 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size79.0 / 42.7 bpAt $10k entering Bitget costs 79.0 bp, fee and slippage, 1.9× BingX’s.
- Note: Margin at max leverage$500 + —Bitget 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$4.20Long Bitget: 3 payments, $0.00; short BingX: 3 payments, −$4.20.
- Watch: Gap narrower than usual−0.146% vs +0.002%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$306K vs $975K OIBitget sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · BingX YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0128%/8h × 21 periods−$26.96
Price spread−0.146% → +0.002% (7d avg)−$14.84
Slippage, 4 orderslive order books−$195.35
Fee Bitget bp × 2 orders−$12.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$259.15
Costs to cover2.173%Break-evennever at this rate
Slippage: Bitget: live order book, 36 min ago; BingX: live order book, 27 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget19.7279.0 bp−$79108.7 bp−$1,087doesn’t fitdoesn’t fit
SELL · SHORTBingX22.9142.7 bp−$4368.5 bp−$685172.9 bp−$17.3K747.6 bp−$373.8K
Closing costs about the same again.

