Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 26.590 | +0.0062 | pay 0.0062% / 8h | 5h 57m | $983K | $1.3M | — | Long BingX | |
| SHORT | 26.578 | −0.0035 | pay 0.0004% / 1h | 57m 56s | $2.8M | $169K | 10x | Short tradeXYZ |
Price gap−0.045%
Funding gap−0.0097% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 23 hours. At the last 7 days' pace that is about 6 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$72−0.0097% /8h now · paid −0.723% over the last 7D
Price+$3spread −0.045% now, avg −0.073% → +0.028% if it goes back
Costs−$1561.565% of $10k · taker + slippage, in and out
Result−$226−2.26%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / ExitBingX: thin, under $1M open interest
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−0.045%
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
/8hBOT on 13 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size51.2 / 21.9 bpAt $10k entering BingX costs 51.2 bp, fee and slippage, 2.3× tradeXYZ’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: −$2.92Long BingX: 3 payments, −$1.86; short tradeXYZ: 24 payments, −$1.06.
- OK: Entry gap works for you−0.045% vs −0.073%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$983K vs $2.8M 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−0.0344%/8h × 21 periods−$72.28
Price spread−0.045% → −0.073% (7d avg)+$2.79
Slippage, 4 orderslive order books−$144.69
Fee BingX bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$225.98
Costs to cover1.565%Break-evennever at this rate
Slippage: BingX: live order book, 14 min ago; tradeXYZ: live order book, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX11.3051.2 bp−$51168.5 bp−$1,6851246.0 bp−$124.6K1472.4 bp−$736.2K
SELL · SHORTtradeXYZ5.8321.9 bp−$2267.8 bp−$678doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-28 19:52 | gTrade (Gains Network) | Listing | BOT/USD no longer reported ($BOT) seen by our collector |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market BOT/USD ($BOT) seen by our collector |
gTrade (Gains Network)