Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2,034.2 | +0.0050 | pay 0.0050% / 8h | 4h 51m | $934K | $1.7M | — | Long BingX | |
| SHORT | 2,087.7 | +0.0244 | get 0.0030% / 1h | 51m 10s | $38.1M | $8.1M | 6x | Short Entropy |
Price gap+2.631%
Funding gap+0.0194% /8h
Funding pays +$6 a day on $10k, but the gap is 0.316% under its 7d average: −$32 if it goes back, about 5.4 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$39+0.0194% /8h now · paid +0.389% over the last 7D
Price−$32spread +2.631% now, avg +2.947% → −0.316% if it goes back
Costs−$250.252% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+2.631%
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
/8hANTHROPIC on 23 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- OK: Fits both order books7.1 / 6.4 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $1,667BingX —, Entropy 6x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$5.81Long BingX: 3 payments, −$1.50; short Entropy: 24 payments, +$7.31.
- Watch: Gap narrower than usual+2.631% vs +2.947%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$934K vs $38.1M OIBingX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Entropy 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+0.0185%/8h × 21 periods+$38.91
Price spread+2.631% → +2.947% (7d avg)−$31.57
Slippage, 4 orderslive order books−$13.36
Fee BingX bp × 2 orders−$10.00
Fee Entropy bp × 2 orders−$1.80
Net · 7 days · $10k−$17.82
Costs to cover0.252%Break-even10.2 days
Slippage: BingX: live order book, 5 min ago; Entropy: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.647.1 bp−$710.6 bp−$10680.8 bp−$8,083805.6 bp−$402.8K
SELL · SHORTEntropy0.246.4 bp−$639.1 bp−$391234.9 bp−$23.5Kdoesn’t fit
Closing costs about the same again.
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Kalshi