Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 30.664 | 0 | 0.0000% / 8h | 7h 58m | $114K | $185K | 20x | Long Bitget | |
| SHORT | 30.595 | −0.0050 | pay 0.0050% / 8h | 7h 58m | $288K | $44K | — | Short BingX |
Price gap−0.225%
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.055% 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+$22−0.0050% /8h now · paid +0.218% over the last 7D
Price−$5spread −0.225% now, avg −0.170% → −0.055% if it goes back
Costs−$3583.582% of $10k · taker + slippage, in and out
Result−$342−3.42%no points
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−0.225%
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
/8hCCL on 4 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size138.2 / 79.1 bpAt $10k entering Bitget costs 138.2 bp, fee and slippage, 1.7× BingX’s.
- Note: Margin at max leverage$500 + —Bitget 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.50Long Bitget: 3 payments, $0.00; short BingX: 3 payments, −$1.50.
- Watch: Gap narrower than usual−0.225% vs −0.170%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$114K vs $288K OIBitget sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · BingX YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0104%/8h × 21 periods+$21.82
Price spread−0.225% → −0.170% (7d avg)−$5.46
Slippage, 4 orderslive order books−$336.15
Fee Bitget bp × 2 orders−$12.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$341.79
Costs to cover3.582%Break-even116.6 days
Slippage: Bitget: live order book, 19 min ago; BingX: live order book, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget11.27138.2 bp−$138184.7 bp−$1,847doesn’t fitdoesn’t fit
SELL · SHORTBingX52.2479.1 bp−$79187.1 bp−$1,871doesn’t fitdoesn’t fit
Closing costs about the same again.
Backpack