Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 510.76 | +0.0050 | pay 0.0050% / 8h | 1h 43m | $927K | $1.7M | — | Long BingX | |
| SHORT | 510.64 | +0.0100 | get 0.0100% / 8h | 1h 43m | $1K | $187K | 10x | Short SunX≤10% back |
Price gap−0.023%
Funding gap+0.0050% /8h
Funding trade: +$2 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$8+0.0050% /8h now · paid +0.077% over the last 7D
Price−$1spread −0.023% now, avg −0.015% → −0.008% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$7+0.07%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.023%
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
/8hAMAT on 17 exchanges
lowest funding firstBefore you open
1 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: +$1.50Long BingX: 3 payments, −$1.50; short SunX: 3 payments, +$3.00.
- Note: Gap at its usual level−0.023% vs −0.015%The price leg adds little either way.
- Watch: Short leg is thinner$1K vs $927K 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+0.0037%/8h × 21 periods+$7.73
Price spread−0.023% → −0.015% (7d avg)−$0.82
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, 7 min ago; SunX: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.108.5 bp−$822.5 bp−$22581.7 bp−$8,167505.3 bp−$252.6K
SELL · SHORTSunX500.10doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.

