Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 242.42 | +0.0461 | pay 0.0461% / 8h | 2h 23m | $980K | $1.2M | — | Long BingX | |
| SHORT | 242.48 | 0 | 0.0000% / 8h | 2h 23m | $1K | $739K | 10x | Short SunX≤10% back |
Price gap+0.025%
Funding gap−0.0461% /8h
The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $14 a day and eats that in about 12 hours. At the last 7 days' pace that is about 27 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$42−0.0461% /8h now · paid −0.425% over the last 7D
Price+$7spread +0.025% now, avg −0.045% → +0.069% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$36−0.36%no pointscosts unknown: book too thin at $10k · What 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+0.025%
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
/8hADBE on 17 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage— + $1,000BingX —, SunX 10x. 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: −$13.83Long BingX: 3 payments, −$13.83; short SunX: 3 payments, $0.00.
- OK: Entry gap works for you+0.025% vs −0.045%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$1K vs $980K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · SunX 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−0.0202%/8h × 21 periods−$42.45
Price spread+0.025% → −0.045% (7d avg)+$6.94
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee BingX bp × 2 orders−$10.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: BingX: live order book, 30 min ago; SunX: live order book, 57 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX4.9522.5 bp−$2366.5 bp−$665648.0 bp−$64.8K1332.7 bp−$666.3K
SELL · SHORTSunX500.17doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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