Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 6.6204 | +0.0162 | pay 0.0020% / 1h | 3m 12s | $14.0M | $9.5M | 20x | Long tradeXYZ | |
| SHORT | 6.6250 | +0.0004 | get 0.0002% / 4h | 3m 12s | $931K | $1.8M | — | Short BingX |
Price gap+0.069%
Funding gap−0.0158% /8h
The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 18 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$38−0.0158% /8h now · paid −0.378% over the last 7D
Price+$4spread +0.069% now, avg +0.034% → +0.036% if it goes back
Costs−$190.189% of $10k · taker + slippage, in and out
Result−$53−0.53%+ Points / potential airdroptradeXYZ: 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+0.069%
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 books2.0 / 8.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + —tradeXYZ 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: −$4.73Long tradeXYZ: 24 payments, −$4.85; short BingX: 6 payments, +$0.12.
- OK: Entry gap works for you+0.069% vs +0.034%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$931K vs $14.0M OIBingX sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCtradeXYZ 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−0.0180%/8h × 21 periods−$37.81
Price spread+0.069% → +0.034% (7d avg)+$3.59
Slippage, 4 orderslive order books−$7.09
Fee tradeXYZ bp × 2 orders−$1.80
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$53.12
Costs to cover0.189%Break-evennever at this rate
Slippage: tradeXYZ: live order book, 9 min ago; BingX: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ0.602.0 bp−$27.6 bp−$7629.9 bp−$2,985doesn’t fit
SELL · SHORTBingX1.518.3 bp−$89.6 bp−$9617.4 bp−$1,740155.4 bp−$77.7K
Closing costs about the same again.
| 09-29 14:40 | Variational Omni | Listing | A swap for Copper $COPP is now live with zero fees, up to 10x leverage, and direct TradFi liquidity. @variational_io on X ↗ |
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| 09-18 03:36 | HTX | Other | 10 ideas. 3 in the spotlight! 👀 $SOL → Cleared $100 psychological resistance. Momentum continues. $COPPER → Spot at premium as geo tensions keep markets on edge. $MU → Long-term demand for chips and memory remains a key driver. What’s your next move? Trade the action 24/7 on @HTXFutures @HTX_Global on X ↗ |


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