Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 26.530 | +0.0969 | pay 0.0969% / 8h | 34m 57s | $901K | $1.3M | — | Long BingX | |
| SHORT | 26.529 | +0.0522 | get 0.0065% / 1h | 34m 57s | $2.6M | $1.0M | 10x | Short tradeXYZ |
Price gap−0.004%
Funding gap−0.0447% /8h
Funding costs $13 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$24−0.0447% /8h now · paid +0.236% over the last 7D
Price$0spread −0.004% now, avg −0.001% → −0.003% if it goes back
Costs−$500.499% of $10k · taker + slippage, in and out
Result−$27−0.27%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.236% in total, about +0.0112%/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−0.004%
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
/8hBMNR on 21 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size10.4 / 17.2 bpAt $10k entering tradeXYZ costs 17.2 bp, fee and slippage, 1.7× BingX’s.
- Note: Margin at max leverage— + $1,000BingX —, tradeXYZ 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: −$13.42Long BingX: 3 payments, −$29.07; short tradeXYZ: 24 payments, +$15.65.
- Note: Gap at its usual level−0.004% vs −0.001%The price leg adds little either way.
- Watch: Long leg is thinner$901K vs $2.6M OIBingX sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · tradeXYZ 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+0.0112%/8h × 21 periods+$23.60
Price spread−0.004% → −0.001% (7d avg)−$0.29
Slippage, 4 orderslive order books−$21.87
Fee BingX bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$18.00
Net · 7 days · $10k−$26.56
Costs to cover0.499%Break-even14.9 days
Slippage: BingX: live order book, 10 min ago; tradeXYZ: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.8910.4 bp−$1020.0 bp−$20085.1 bp−$8,512537.2 bp−$268.6K
SELL · SHORTtradeXYZ1.7017.2 bp−$1783.3 bp−$833doesn’t fitdoesn’t fit
Closing costs about the same again.

