Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 86.600 | +0.0050 | pay 0.0050% / 8h | 5h 28m | $929K | $1.6M | — | Long BingX | |
| SHORT | 86.630 | 0 | 0.0000% / 8h | 5h 28m | $536K | $64K | 25x | Short Bybit |
Price gap+0.035%
Funding gap−0.0050% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 40 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$15−0.0050% /8h now · paid −0.154% over the last 7D
Price+$3spread +0.035% now, avg +0.009% → +0.025% if it goes back
Costs−$1021.019% 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+0.035%
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
/8hGDX on 9 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size12.2 / 38.4 bpAt $10k entering Bybit costs 38.4 bp, fee and slippage, 3.2× BingX’s.
- Note: Margin at max leverage— + $400BingX —, Bybit 25x. 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: −$1.50Long BingX: 3 payments, −$1.50; short Bybit: 3 payments, $0.00.
- OK: Entry gap works for you+0.035% vs +0.009%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$536K vs $929K OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Bybit 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−0.0073%/8h × 21 periods−$15.41
Price spread+0.035% → +0.009% (7d avg)+$2.52
Slippage, 4 orderslive order books−$80.95
Fee BingX bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$114.84
Costs to cover1.019%Break-evennever at this rate
Slippage: BingX: live order book, 11 min ago; Bybit: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX2.3112.2 bp−$1265.2 bp−$652153.2 bp−$15.3K679.5 bp−$339.8K
SELL · SHORTBybit4.6138.4 bp−$38doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market GDX/USD ($GDX) seen by our collector |
gTrade (Gains Network)