Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 263.64 | −0.0160 | get 0.0160% / 8h | 34m 29s | $934K | $1.2M | — | Long BingX | |
| SHORT | 263.07 | −0.0993 | pay 0.0124% / 1h | 34m 29s | $4.7M | $3.3M | 10x | Short tradeXYZ |
Price gap−0.216%
Funding gap−0.0833% /8h
Both sides work against this direction now: funding costs $25 a day on $10k and the gap is 0.146% 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+$8−0.0833% /8h now · paid +0.085% over the last 7D
Price−$15spread −0.216% now, avg −0.070% → −0.146% if it goes back
Costs−$680.683% of $10k · taker + slippage, in and out
Result−$74−0.74%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.085% in total, about +0.0040%/8h on average.
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−0.216%
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
1 ok · 5 to watch- Watch: Thin at this size11.7 / 18.9 bpAt $10k entering tradeXYZ costs 18.9 bp, fee and slippage, 1.6× BingX’s.
- Note: Margin at max leverage— + $1,000BingX —, tradeXYZ 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: −$24.98Long BingX: 3 payments, +$4.80; short tradeXYZ: 24 payments, −$29.78.
- Watch: Gap narrower than usual−0.216% vs −0.070%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$934K vs $4.7M OIBingX sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · tradeXYZ 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+0.0040%/8h × 21 periods+$8.49
Price spread−0.216% → −0.070% (7d avg)−$14.63
Slippage, 4 orderslive order books−$56.54
Fee BingX bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$74.47
Costs to cover0.683%Break-even68.4 days
Slippage: BingX: live order book, 9 min ago; tradeXYZ: live order book, 10 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 · SHORTtradeXYZ4.1818.9 bp−$1922.6 bp−$226doesn’t fitdoesn’t fit
Closing costs about the same again.
BloFin