Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 136.00 | 0 | 0.0000% / 8h | 5h 59m | $112K | $11K | 20x | Long Gate | |
| SHORT | 135.78 | −0.0050 | pay 0.0050% / 8h | 5h 59m | $957K | $1.2M | — | Short BingX |
Price gap−0.162%
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.164% 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−$37−0.0050% /8h now · paid −0.368% over the last 7D
Price−$16spread −0.162% now, avg +0.002% → −0.164% if it goes back
Costs−$5285.284% of $10k · taker + slippage, in and out
Result−$582−5.82%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−0.162%
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
/8hCOP on 5 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size184.8 / 34.7 bpAt $10k entering Gate costs 184.8 bp, fee and slippage, 5.3× BingX’s.
- Note: Margin at max leverage$500 + —Gate 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 Gate: 3 payments, $0.00; short BingX: 3 payments, −$1.50.
- Watch: Gap narrower than usual−0.162% vs +0.002%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$112K vs $957K OIGate sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · BingX YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0175%/8h × 21 periods−$36.82
Price spread−0.162% → +0.002% (7d avg)−$16.35
Slippage, 4 orderslive order books−$503.41
Fee Gate bp × 2 orders−$15.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$581.58
Costs to cover5.284%Break-evennever at this rate
Slippage: Gate: live order book, 28 min ago; BingX: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate117.22184.8 bp−$185doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX22.5034.7 bp−$3543.4 bp−$434251.5 bp−$25.1K825.2 bp−$412.6K
Closing costs about the same again.
Kalshi
MEXC