Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 26.480 | +0.0856 | pay 0.0107% / 1h | 26m 51s | $2.8M | $160K | 10x | Long tradeXYZ | |
| SHORT | 26.520 | +0.0331 | get 0.0331% / 8h | 6h 26m | $983K | $1.2M | — | Short BingX |
Price gap+0.151%
Funding gap−0.0525% /8h
The gap pays +$8 on $10k if it goes back to its 7d average, but funding costs $16 a day and eats that in about 12 hours.
Funding on this pair paid 0.723% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$72−0.0525% /8h now · paid +0.723% over the last 7D
Price+$8spread +0.151% now, avg +0.073% → +0.078% if it goes back
Costs−$1661.665% of $10k · taker + slippage, in and out
Result−$86−0.86%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Entry / 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+0.151%
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 size21.0 / 54.9 bpAt $10k entering BingX costs 54.9 bp, fee and slippage, 2.6× tradeXYZ’s.
- Note: Margin at max leverage$1,000 + —tradeXYZ 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$15.75Long tradeXYZ: 24 payments, −$25.68; short BingX: 3 payments, +$9.93.
- OK: Entry gap works for you+0.151% vs +0.073%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short 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: KYCtradeXYZ No · BingX 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+0.0344%/8h × 21 periods+$72.28
Price spread+0.151% → +0.073% (7d avg)+$7.80
Slippage, 4 orderslive order books−$154.65
Fee tradeXYZ bp × 2 orders−$1.80
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$86.37
Costs to cover1.665%Break-even15.4 days
Slippage: tradeXYZ: live order book, 11 min ago; BingX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ4.9021.0 bp−$21102.9 bp−$1,029doesn’t fitdoesn’t fit
SELL · SHORTBingX13.2054.9 bp−$55152.4 bp−$1,524838.5 bp−$83.9K1187.9 bp−$594.0K
Closing costs about the same again.
| 09-28 19:52 | gTrade (Gains Network) | Listing | BOT/USD no longer reported ($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)