Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 12.620 | −0.0149 | get 0.0149% / 8h | 3h 03m | $922K | $1.2M | — | Long BingX | |
| SHORT | 12.607 | −0.0234 | pay 0.0234% / 8h | 3h 03m | $712K | $780K | 20x | Short Binance |
Price gap−0.100%
Funding gap−0.0085% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.069% under its 7d average. Swap the legs.
Funding on this pair paid 0.153% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$15−0.0085% /8h now · paid +0.153% over the last 7D
Price−$7spread −0.100% now, avg −0.031% → −0.069% if it goes back
Costs−$3233.228% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.100%
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
/8hAGPU on 9 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size75.8 / 72.5 bpAt $10k entering BingX costs 75.8 bp, fee and slippage, 1.0× Binance’s.
- Note: Margin at max leverage— + $500BingX —, Binance 20x. 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: −$2.55Long BingX: 3 payments, +$4.47; short Binance: 3 payments, −$7.02.
- Watch: Gap narrower than usual−0.100% vs −0.031%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$712K vs $922K OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Binance 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+0.0073%/8h × 21 periods+$15.28
Price spread−0.100% → −0.031% (7d avg)−$6.91
Slippage, 4 orderslive order books−$304.81
Fee BingX bp × 2 orders−$10.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$314.45
Costs to cover3.228%Break-even151.1 days
Slippage: BingX: live order book, 3 min ago; Binance: live order book, 37 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX23.7575.8 bp−$76166.7 bp−$1,667623.4 bp−$62.3K1034.0 bp−$517.0K
SELL · SHORTBinance3.9572.5 bp−$731126.9 bp−$11.3Kdoesn’t fitdoesn’t fit
Closing costs about the same again.
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