Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 233.33 | +0.0050 | pay 0.0050% / 8h | 1h 15m | $947K | $1.3M | — | Long BingX | |
| SHORT | 233.80 | 0 | 0.0000% / 8h | 1h 15m | $708 | $169K | 10x | Short SunX≤10% back |
Price gap+0.201%
Funding gap−0.0050% /8h
The gap pays +$20 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 13 days. At the last 7 days' pace that is about 34 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$4−0.0050% /8h now · paid −0.041% over the last 7D
Price+$20spread +0.201% now, avg +0.006% → +0.196% if it goes back
Costs−$1741.737% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.201%
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
/8hCRM on 15 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size20.2 / 68.5 bpAt $10k entering SunX costs 68.5 bp, fee and slippage, 3.4× BingX’s.
- Note: Margin at max leverage— + $1,000BingX —, SunX 10x. 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 BingX: 3 payments, −$1.50; short SunX: 3 payments, $0.00.
- OK: Entry gap works for you+0.201% vs +0.006%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$708 vs $947K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · SunX 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−0.0019%/8h × 21 periods−$4.06
Price spread+0.201% → +0.006% (7d avg)+$19.55
Slippage, 4 orderslive order books−$155.67
Fee BingX bp × 2 orders−$10.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k−$158.18
Costs to cover1.737%Break-evennever at this rate
Slippage: BingX: live order book, 12 min ago; SunX: live order book, 30 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX8.3820.2 bp−$2034.7 bp−$347203.6 bp−$20.4K764.8 bp−$382.4K
SELL · SHORTSunX49.6068.5 bp−$69doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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