Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 263.55 | −0.0160 | get 0.0160% / 8h | 37m 15s | $934K | $1.2M | — | Long BingX | |
| SHORT | 263.04 | −0.0445 | pay 0.0056% / 1h | 37m 15s | $108K | $24K | 10x | Short Paragon |
Price gap−0.194%
Funding gap−0.0285% /8h
Both sides work against this direction now: funding costs $9 a day on $10k and the gap is 0.088% 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+$48−0.0285% /8h now · paid +0.480% over the last 7D
Price−$9spread −0.194% now, avg −0.106% → −0.088% if it goes back
Costs−$830.831% of $10k · taker + slippage, in and out
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−0.194%
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
/8hCRWD on 19 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size11.7 / 21.3 bpAt $10k entering Paragon costs 21.3 bp, fee and slippage, 1.8× BingX’s.
- Note: Margin at max leverage— + $1,000BingX —, Paragon 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$8.54Long BingX: 3 payments, +$4.80; short Paragon: 24 payments, −$13.34.
- Watch: Gap narrower than usual−0.194% vs −0.106%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$108K vs $934K OIParagon sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Paragon 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+0.0229%/8h × 21 periods+$48.01
Price spread−0.194% → −0.106% (7d avg)−$8.77
Slippage, 4 orderslive order books−$71.27
Fee BingX bp × 2 orders−$10.00
Fee Paragon bp × 2 orders−$1.80
Net · 7 days · $10k−$43.82
Costs to cover0.831%Break-even13.4 days
Slippage: BingX: live order book, 6 min ago; Paragon: live order book, 44 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.1911.7 bp−$1231.7 bp−$31794.5 bp−$9,446618.9 bp−$309.5K
SELL · SHORTParagon5.5121.3 bp−$2178.5 bp−$785doesn’t fitdoesn’t fit
Closing costs about the same again.
BloFin