Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 25.900 | +0.0293 | pay 0.0293% / 8h | 3h 04m | $980K | $1.7M | — | Long BingX | |
| SHORT | 25.840 | +0.0300 | get 0.0300% / 8h | 3h 04m | $230K | $322K | 20x | Short Bitget |
Price gap−0.232%
Funding gap+0.0007% /8h
Funding is ≈ 0 and the gap is 0.075% under its 7d average: the price leg works against you, −$7 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$9+0.0007% /8h now · paid −0.092% over the last 7D
Price−$7spread −0.232% now, avg −0.157% → −0.075% if it goes back
Costs−$1431.433% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.232%
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
/8hAPLD on 11 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size26.2 / 42.4 bpAt $10k entering Bitget costs 42.4 bp, fee and slippage, 1.6× 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: +$0.21Long BingX: 3 payments, −$8.79; short Bitget: 3 payments, +$9.00.
- Watch: Gap narrower than usual−0.232% vs −0.157%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$230K vs $980K 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−0.0044%/8h × 21 periods−$9.18
Price spread−0.232% → −0.157% (7d avg)−$7.47
Slippage, 4 orderslive order books−$121.27
Fee BingX bp × 2 orders−$10.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$159.92
Costs to cover1.433%Break-evennever at this rate
Slippage: BingX: live order book, 6 min ago; Bitget: live order book, 39 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.9426.2 bp−$26179.7 bp−$1,797doesn’t fitdoesn’t fit
SELL · SHORTBitget31.5842.4 bp−$4271.3 bp−$713doesn’t fitdoesn’t fit
Closing costs about the same again.
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