Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 6.2920 | 0 | 0.0000% / 8h | 2h 32m | $278K | $195K | 20x | Long Bitget | |
| SHORT | 6.2550 | +0.0050 | get 0.0050% / 8h | 2h 32m | $986K | $1.2M | — | Short BingX |
Price gap−0.588%
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 0.236% under its 7d average: −$24 if it goes back, about 16 days of funding. At the last 7 days' pace that is about 6.5 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$25+0.0050% /8h now · paid +0.254% over the last 7D
Price−$24spread −0.588% now, avg −0.352% → −0.236% if it goes back
Costs−$2282.279% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.588%
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
/8hCONL on 5 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size32.9 / 76.4 bpAt $10k entering BingX costs 76.4 bp, fee and slippage, 2.3× Bitget’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−0.588% vs −0.352%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$278K vs $986K 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+0.0121%/8h × 21 periods+$25.37
Price spread−0.588% → −0.352% (7d avg)−$23.62
Slippage, 4 orderslive order books−$205.93
Fee Bitget bp × 2 orders−$12.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$226.18
Costs to cover2.279%Break-even69.4 days
Slippage: Bitget: live order book, 70 min ago; BingX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget25.3232.9 bp−$3355.3 bp−$553doesn’t fitdoesn’t fit
SELL · SHORTBingX33.5276.4 bp−$76101.4 bp−$1,014526.8 bp−$52.7Kdoesn’t fit
Closing costs about the same again.
HTX
Bybit