Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 6.6159 | +0.0032 | pay 0.0004% / 1h | 11m 21s | $1.4M | $6.3M | 20x | Long Extended10% off | |
| SHORT | 6.6260 | +0.0006 | get 0.0003% / 4h | 11m 21s | $931K | $1.8M | — | Short BingX |
Price gap+0.153%
Funding gap−0.0026% /8h
The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 9.5 days. 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−$56−0.0026% /8h now · paid −0.559% over the last 7D
Price+$7spread +0.153% now, avg +0.079% → +0.074% if it goes back
Costs−$210.214% of $10k · taker + slippage, in and out
Result−$70−0.70%+ 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
3 ok · 3 to watch- OK: Fits both order books4.2 / 6.9 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + —Extended 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.78Long Extended: 24 payments, −$0.96; short BingX: 6 payments, +$0.18.
- OK: Entry gap works for you+0.153% vs +0.079%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short 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: KYCExtended 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−0.0266%/8h × 21 periods−$55.93
Price spread+0.153% → +0.079% (7d avg)+$7.44
Slippage, 4 orderslive order books−$6.43
Fee Extended bp × 2 orders−$5.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$69.92
Costs to cover0.214%Break-evennever at this rate
Slippage: Extended: live order book, 6 min ago; BingX: live order book, 15 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGExtended0.534.2 bp−$426.5 bp−$265doesn’t fitdoesn’t fit
SELL · SHORTBingX1.516.9 bp−$710.9 bp−$10920.3 bp−$2,031154.5 bp−$77.2K
Closing costs about the same again.
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