Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 544.68 | −0.0050 | get 0.0050% / 8h | 5h 28m | $981K | $1.7M | — | Long BingX | |
| SHORT | 544.03 | +0.0220 | get 0.0028% / 1h | 28m 16s | $6K | $213K | 10x | Short Injective |
Price gap−0.120%91s
Funding gap+0.0270% /8h
Both sides work: funding pays +$8 a day on $10k, and the gap is 3.307% above its 7d average: +$331 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$15+0.0270% /8h now · paid −0.148% over the last 7D
Price—spread −0.120%91s now · prices read too far apart to compare
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—no pointsneeds both prices read together
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.148% in total, about −0.0071%/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−0.120%
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
0 ok · 5 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than Injective’s order book right now.
- Note: Margin at max leverage— + $1,000BingX —, Injective 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: +$8.10Long BingX: 3 payments, +$1.50; short Injective: 24 payments, +$6.60.
- Watch: Prices read 91 s apart−0.120% vs −3.427%Part of this gap may be the market moving.
- Watch: Short leg is thinner$6K vs $981K OIInjective sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Injective 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−0.0071%/8h × 21 periods−$14.82
Price spreadprices read too far apart to compare—
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee BingX bp × 2 orders−$10.00
Fee Injective bp × 2 orders−$0.02
Net · 7 days · $10k—
doesn’t fit the books at $10kprice spread not counted: prices read too far apartCosts to cover—Break-even—
Slippage: BingX: live order book, 5 min ago; Injective: live order book, 42 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.095.9 bp−$613.8 bp−$13866.2 bp−$6,622438.2 bp−$219.1K
SELL · SHORTInjective370.07doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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