Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 263.15 | −0.0531 | get 0.0066% / 1h | 14m 37s | $4.7M | $3.3M | 10x | Long tradeXYZ | |
| SHORT | 263.78 | −0.0202 | pay 0.0202% / 8h | 1h 14m | $934K | $1.2M | — | Short BingX |
Price gap+0.239%
Funding gap+0.0329% /8h
Both sides work: funding pays +$10 a day on $10k, and the gap is 0.170% above its 7d average: +$17 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$9+0.0329% /8h now · paid −0.088% over the last 7D
Price+$17spread +0.239% now, avg +0.070% → +0.170% if it goes back
Costs−$730.732% of $10k · taker + slippage, in and out
Result−$65−0.65%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.088% in total, about −0.0042%/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+0.239%
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
2 ok · 4 to watch- Watch: Thin at this size17.5 / 26.6 bpAt $10k entering BingX costs 26.6 bp, fee and slippage, 1.5× tradeXYZ’s.
- Note: Margin at max leverage$1,000 + —tradeXYZ 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: +$9.86Long tradeXYZ: 24 payments, +$15.92; short BingX: 3 payments, −$6.06.
- OK: Entry gap works for you+0.239% vs +0.070%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short 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: 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−0.0042%/8h × 21 periods−$8.82
Price spread+0.239% → +0.070% (7d avg)+$16.96
Slippage, 4 orderslive order books−$61.39
Fee tradeXYZ bp × 2 orders−$1.80
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$65.04
Costs to cover0.732%Break-evennever at this rate
Slippage: tradeXYZ: live order book, 9 min ago; BingX: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ2.4717.5 bp−$1841.1 bp−$411270.6 bp−$27.1Kdoesn’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