Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 8.0500 | +0.0032 | pay 0.0032% / 8h | 2h 32m | $957K | $1.2M | — | Long BingX | |
| SHORT | 8.0500 | 0 | 0.0000% / 8h | 2h 32m | $1.9M | $4.2M | 20x | Short Binance |
Price gap0.000%
Funding gap−0.0032% /8h
The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 7.0 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$9−0.0032% /8h now · paid −0.085% over the last 7D
Price+$7spread 0.000% now, avg −0.066% → +0.066% if it goes back
Costs−$840.844% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now0.000%
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
/8hFLNC on 12 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size31.6 / 17.6 bpAt $10k entering BingX costs 31.6 bp, fee and slippage, 1.8× Binance’s.
- Note: Margin at max leverage— + $500BingX —, Binance 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$0.95Long BingX: 3 payments, −$0.95; short Binance: 3 payments, $0.00.
- OK: Entry gap works for you0.000% vs −0.066%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$957K vs $1.9M OIBingX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Binance 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−0.0041%/8h × 21 periods−$8.52
Price spread0.000% → −0.066% (7d avg)+$6.64
Slippage, 4 orderslive order books−$66.37
Fee BingX bp × 2 orders−$10.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$86.25
Costs to cover0.844%Break-evennever at this rate
Slippage: BingX: live order book, 4 min ago; Binance: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX18.7431.6 bp−$3270.1 bp−$701192.6 bp−$19.3K462.2 bp−$231.1K
SELL · SHORTBinance6.2317.6 bp−$1854.1 bp−$541doesn’t fitdoesn’t fit
Closing costs about the same again.

