Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 186.79 | +0.1187 | pay 0.1187% / 8h | 34m 27s | $978K | $5.0M | — | Long BingX | |
| SHORT | 186.94 | +0.0041 | get 0.0041% / 8h | 34m 27s | $300K | $639K | 20x | Short Bitget |
Price gap+0.080%
Funding gap−0.1146% /8h
The gap pays +$12 on $10k if it goes back to its 7d average, but funding costs $34 a day and eats that in about 9 hours. At the last 7 days' pace that is about 3.6 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$25−0.1146% /8h now · paid −0.246% over the last 7D
Price+$12spread +0.080% now, avg −0.045% → +0.125% if it goes back
Costs−$1681.683% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.246% in total, about −0.0117%/8h on average.
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+0.080%
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
/8hANET on 10 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size37.9 / 47.8 bpAt $10k entering Bitget costs 47.8 bp, fee and slippage, 1.3× BingX’s.
- Note: Margin at max leverage— + $500BingX —, Bitget 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: −$34.38Long BingX: 3 payments, −$35.61; short Bitget: 3 payments, +$1.23.
- OK: Entry gap works for you+0.080% vs −0.045%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$300K vs $978K OIBitget sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Bitget 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−0.0117%/8h × 21 periods−$24.57
Price spread+0.080% → −0.045% (7d avg)+$12.50
Slippage, 4 orderslive order books−$146.34
Fee BingX bp × 2 orders−$10.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$180.41
Costs to cover1.683%Break-evennever at this rate
Slippage: BingX: live order book, 9 min ago; Bitget: live order book, 48 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX9.9137.9 bp−$38102.1 bp−$1,021721.3 bp−$72.1K1155.7 bp−$577.9K
SELL · SHORTBitget14.4447.8 bp−$4868.4 bp−$684doesn’t fitdoesn’t fit
Closing costs about the same again.
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