Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 182.93 | +0.0205 | pay 0.0205% / 8h | 1h 09m | $916K | $1.7M | — | Long BingX | |
| SHORT | 182.60 | −0.0026 | pay 0.0003% / 1h | 9m 27s | $38.9M | $21.3M | 10x | Short tradeXYZ |
Price gap−0.180%
Funding gap−0.0231% /8h
Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 0.107% 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−$27−0.0231% /8h now · paid −0.265% over the last 7D
Price−$11spread −0.180% now, avg −0.074% → −0.107% if it goes back
Costs−$250.255% of $10k · taker + slippage, in and out
Result−$63−0.63%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.180%
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
/8hCBRS on 28 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books7.4 / 4.0 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- 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: −$6.94Long BingX: 3 payments, −$6.15; short tradeXYZ: 24 payments, −$0.79.
- Watch: Gap narrower than usual−0.180% vs −0.074%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$916K vs $38.9M 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−0.0126%/8h × 21 periods−$26.52
Price spread−0.180% → −0.074% (7d avg)−$10.66
Slippage, 4 orderslive order books−$13.66
Fee BingX bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$62.64
Costs to cover0.255%Break-evennever at this rate
Slippage: BingX: live order book, 6 min ago; tradeXYZ: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.277.4 bp−$721.0 bp−$21043.4 bp−$4,344212.8 bp−$106.4K
SELL · SHORTtradeXYZ1.644.0 bp−$48.1 bp−$8123.8 bp−$2,378doesn’t fit
Closing costs about the same again.
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