Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 538.72 | −0.0050 | get 0.0050% / 8h | 4h 44m | $981K | $1.7M | — | Long BingX | |
| SHORT | 538.35 | +0.0334 | get 0.0167% / 4h | 44m 30s | $11K | $266K | 10x | Short edgeX |
Price gap−0.069%55s
Funding gap+0.0384% /8h
Funding pays +$12 a day on $10k, but the gap is 0.033% under its 7d average: −$3 if it goes back, about 7 hours of funding.
The two prices were read 55 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$50+0.0384% /8h now · paid +0.504% over the last 7D
Price—spread −0.069%55s now · prices read too far apart to compare
Costs−$290.287% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.069%
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
/8hDELL on 22 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Large against open interest8.1 / 5.8 bp$10k is over 10% of edgeX’s open interest.
- Note: Margin at max leverage— + $1,000BingX —, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$11.53Long BingX: 3 payments, +$1.50; short edgeX: 6 payments, +$10.03.
- Watch: Prices read 55 s apart−0.069% vs −0.036%Part of this gap may be the market moving.
- Watch: Short leg is thinner$11K vs $981K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · edgeX 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+0.0240%/8h × 21 periods+$50.44
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$9.73
Fee BingX bp × 2 orders−$10.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k+$21.71
price spread not counted: prices read too far apartCosts to cover0.287%Break-even4.0 days
Slippage: BingX: live order book, 11 min ago; edgeX: live order book, 32 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.118.1 bp−$815.5 bp−$15585.1 bp−$8,511546.3 bp−$273.2K
SELL · SHORTedgeX0.935.8 bp−$684.0 bp−$840doesn’t fitdoesn’t fit
Closing costs about the same again.
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