Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 78.000 | +0.0050 | pay 0.0050% / 8h | 35m 20s | $953K | $1.7M | — | Long BingX | |
| SHORT | 77.942 | 0 | 0.0000% / 1h | 35m 20s | $6K | $399K | 10x | Short Extended10% off |
Price gap−0.074%
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.033% 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−$20−0.0050% /8h now · paid −0.200% over the last 7D
Price−$3spread −0.074% now, avg −0.041% → −0.033% if it goes back
Costs−$580.576% of $10k · taker + slippage, in and out
Result−$81−0.81%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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−0.074%
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
/8hAXTI on 15 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size7.9 / 22.8 bpAt $10k entering Extended costs 22.8 bp, fee and slippage, 2.9× BingX’s.
- Note: Margin at max leverage— + $1,000BingX —, Extended 10x. 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: −$1.50Long BingX: 3 payments, −$1.50; short Extended: 24 payments, $0.00.
- Watch: Gap narrower than usual−0.074% vs −0.041%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$6K vs $953K OIExtended sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · Extended 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−0.0095%/8h × 21 periods−$20.00
Price spread−0.074% → −0.041% (7d avg)−$3.32
Slippage, 4 orderslive order books−$42.55
Fee BingX bp × 2 orders−$10.00
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k−$80.87
Costs to cover0.576%Break-evennever at this rate
Slippage: BingX: live order book, 14 min ago; Extended: live order book, 58 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.647.9 bp−$812.8 bp−$12857.3 bp−$5,731404.1 bp−$202.0K
SELL · SHORTExtended4.3022.8 bp−$23164.2 bp−$1,642doesn’t fitdoesn’t fit
Closing costs about the same again.