Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 263.24 | −0.0307 | get 0.0038% / 1h | 15m 07s | $108K | $24K | 10x | Long Paragon | |
| SHORT | 263.77 | −0.0202 | pay 0.0202% / 8h | 1h 15m | $934K | $1.2M | — | Short BingX |
Price gap+0.202%
Funding gap+0.0105% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.097% above its 7d average: +$10 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$48+0.0105% /8h now · paid −0.482% over the last 7D
Price+$10spread +0.202% now, avg +0.105% → +0.097% if it goes back
Costs−$870.867% 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+0.202%
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 · 4 to watch- Watch: Thin at this size23.7 / 26.6 bpAt $10k entering BingX costs 26.6 bp, fee and slippage, 1.1× Paragon’s.
- Note: Margin at max leverage$1,000 + —Paragon 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$3.14Long Paragon: 24 payments, +$9.20; short BingX: 3 payments, −$6.06.
- OK: Entry gap works for you+0.202% vs +0.105%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long 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: KYCParagon 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−0.0230%/8h × 21 periods−$48.22
Price spread+0.202% → +0.105% (7d avg)+$9.66
Slippage, 4 orderslive order books−$74.94
Fee Paragon bp × 2 orders−$1.80
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$125.30
Costs to cover0.867%Break-evennever at this rate
Slippage: Paragon: live order book, 6 min ago; BingX: live order book, 13 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGParagon5.5123.7 bp−$2484.8 bp−$848doesn’t fitdoesn’t fit
SELL · SHORTBingX0.1926.6 bp−$2761.8 bp−$618254.1 bp−$25.4K915.8 bp−$457.9K
Closing costs about the same again.
BloFin