Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 953.38 | +0.0050 | pay 0.0050% / 8h | 6h 40m | $911K | $1.3M | — | Long BingX | |
| SHORT | 952.02 | +0.0248 | get 0.0031% / 1h | 40m 14s | $389K | $136K | 10x | Short tradeXYZ |
Price gap−0.143%
Funding gap+0.0198% /8h
Funding pays +$6 a day on $10k, but the gap is 0.062% under its 7d average: −$6 if it goes back, about 25 hours of funding. At the last 7 days' pace that is about 7.9 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$5+0.0198% /8h now · paid +0.055% over the last 7D
Price−$6spread −0.143% now, avg −0.081% → −0.062% if it goes back
Costs−$1361.357% of $10k · taker + slippage, in and out
Result−$136−1.36%+ 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 +0.055% in total, about +0.0026%/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−0.143%
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
/8hGEV on 9 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size41.0 / 25.2 bpAt $10k entering BingX costs 41.0 bp, fee and slippage, 1.6× tradeXYZ’s.
- Note: Margin at max leverage— + $1,000BingX —, tradeXYZ 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: +$5.94Long BingX: 3 payments, −$1.50; short tradeXYZ: 24 payments, +$7.44.
- Watch: Gap narrower than usual−0.143% vs −0.081%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$389K vs $911K OItradeXYZ sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · tradeXYZ 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+0.0026%/8h × 21 periods+$5.46
Price spread−0.143% → −0.081% (7d avg)−$6.16
Slippage, 4 orderslive order books−$123.91
Fee BingX bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$136.42
Costs to cover1.357%Break-even182.0 days
Slippage: BingX: live order book, 4 min ago; tradeXYZ: live order book, 22 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX8.5441.0 bp−$41102.6 bp−$1,026297.4 bp−$29.7K729.5 bp−$364.7K
SELL · SHORTtradeXYZ11.9225.2 bp−$2559.4 bp−$594doesn’t fitdoesn’t fit
Closing costs about the same again.