Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 285.87 | +0.0574 | pay 0.0072% / 1h | 23m 18s | $740K | $124K | 10x | Long Paragon | |
| SHORT | 285.77 | +0.0091 | get 0.0091% / 8h | 2h 23m | $957K | $1.7M | — | Short BingX |
Price gap−0.034%
Funding gap−0.0483% /8h
Both sides work against this direction now: funding costs $14 a day on $10k and the gap is 0.124% 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−$36−0.0483% /8h now · paid −0.362% over the last 7D
Price−$12spread −0.034% now, avg +0.090% → −0.124% if it goes back
Costs−$670.675% of $10k · taker + slippage, in and out
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−0.034%
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
/8hCOHR on 16 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size25.9 / 6.9 bpAt $10k entering Paragon costs 25.9 bp, fee and slippage, 3.7× BingX’s.
- Note: Margin at max leverage$1,000 + —Paragon 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: −$14.49Long Paragon: 24 payments, −$17.22; short BingX: 3 payments, +$2.73.
- Watch: Gap narrower than usual−0.034% vs +0.090%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$740K vs $957K OIParagon sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCParagon 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−0.0172%/8h × 21 periods−$36.18
Price spread−0.034% → +0.090% (7d avg)−$12.38
Slippage, 4 orderslive order books−$55.69
Fee Paragon bp × 2 orders−$1.80
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$116.05
Costs to cover0.675%Break-evennever at this rate
Slippage: Paragon: live order book, 9 min ago; BingX: live order book, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGParagon25.0025.9 bp−$2643.3 bp−$433doesn’t fitdoesn’t fit
SELL · SHORTBingX0.176.9 bp−$714.0 bp−$14071.6 bp−$7,157578.7 bp−$289.3K
Closing costs about the same again.

