Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 6.6340 | −0.0100 | get 0.0050% / 4h | 46m 33s | $931K | $1.8M | — | Long BingX | |
| SHORT | 6.6238 | +0.0032 | get 0.0004% / 1h | 46m 33s | $1.4M | $6.3M | 20x | Short Extended10% off |
Price gap−0.153%
Funding gap+0.0132% /8h
Funding pays +$4 a day on $10k, but the gap is 0.075% under its 7d average: −$7 if it goes back, about 45 hours of funding. At the last 7 days' pace that is about 22 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$56+0.0132% /8h now · paid +0.559% over the last 7D
Price−$7spread −0.153% now, avg −0.078% → −0.075% if it goes back
Costs−$220.216% of $10k · taker + slippage, in and out
Result+$27+0.27%+ Points / potential airdropExtended: 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−0.153%
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
/8hCOPPER on 29 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books6.5 / 5.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $500BingX —, Extended 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$3.96Long BingX: 6 payments, +$3.00; short Extended: 24 payments, +$0.96.
- Watch: Gap narrower than usual−0.153% vs −0.078%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$931K vs $1.4M OIBingX sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · Extended 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+0.0266%/8h × 21 periods+$55.93
Price spread−0.153% → −0.078% (7d avg)−$7.47
Slippage, 4 orderslive order books−$6.65
Fee BingX bp × 2 orders−$10.00
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k+$26.81
Costs to cover0.216%Break-even3.6 days
Slippage: BingX: live order book, 10 min ago; Extended: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.516.5 bp−$79.1 bp−$9147.6 bp−$4,756274.6 bp−$137.3K
SELL · SHORTExtended0.085.8 bp−$625.0 bp−$250doesn’t fitdoesn’t fit
Closing costs about the same again.
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