Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 208.81 | +0.2582 | pay 0.2582% / 8h | 55m 20s | $298K | $162K | 25x | Long Bybit | |
| SHORT | 208.52 | +0.2456 | get 0.2456% / 8h | 55m 20s | $978K | $6.5M | — | Short BingX |
Price gap−0.139%
Funding gap−0.0126% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.119% 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+$61−0.0126% /8h now · paid +0.610% over the last 7D
Price−$12spread −0.139% now, avg −0.020% → −0.119% if it goes back
Costs−$3193.186% of $10k · taker + slippage, in and out
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−0.139%
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 8 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size108.8 / 48.1 bpAt $10k entering Bybit costs 108.8 bp, fee and slippage, 2.3× BingX’s.
- Note: Margin at max leverage$400 + —Bybit 25x, 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: −$3.78Long Bybit: 3 payments, −$77.46; short BingX: 3 payments, +$73.68.
- Watch: Gap narrower than usual−0.139% vs −0.020%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$298K vs $978K OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · BingX YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0291%/8h × 21 periods+$61.02
Price spread−0.139% → −0.020% (7d avg)−$11.92
Slippage, 4 orderslive order books−$297.58
Fee Bybit bp × 2 orders−$11.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$269.48
Costs to cover3.186%Break-even37.9 days
Slippage: Bybit: live order book, 15 min ago; BingX: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit1.68108.8 bp−$109doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX14.3948.1 bp−$48280.1 bp−$2,801564.0 bp−$56.4K929.8 bp−$464.9K
Closing costs about the same again.
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