Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 952.00 | −0.0245 | get 0.0031% / 1h | 14m 49s | $389K | $137K | 10x | Long tradeXYZ | |
| SHORT | 953.77 | +0.0043 | get 0.0043% / 8h | 7h 14m | $911K | $1.2M | — | Short BingX |
Price gap+0.186%
Funding gap+0.0288% /8h
Both sides work: funding pays +$9 a day on $10k, and the gap is 0.106% above its 7d average: +$11 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$5+0.0288% /8h now · paid −0.053% over the last 7D
Price+$11spread +0.186% now, avg +0.080% → +0.106% if it goes back
Costs−$940.935% of $10k · taker + slippage, in and out
Result−$88−0.88%+ 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 −0.053% in total, about −0.0025%/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+0.186%
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
2 ok · 4 to watch- Watch: Thin at this size11.7 / 33.6 bpAt $10k entering BingX costs 33.6 bp, fee and slippage, 2.9× tradeXYZ’s.
- Note: Margin at max leverage$1,000 + —tradeXYZ 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$8.64Long tradeXYZ: 24 payments, +$7.35; short BingX: 3 payments, +$1.29.
- OK: Entry gap works for you+0.186% vs +0.080%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long 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: KYCtradeXYZ No · BingX 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−0.0025%/8h × 21 periods−$5.29
Price spread+0.186% → +0.080% (7d avg)+$10.56
Slippage, 4 orderslive order books−$81.74
Fee tradeXYZ bp × 2 orders−$1.80
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$88.27
Costs to cover0.935%Break-evennever at this rate
Slippage: tradeXYZ: live order book, 58 min ago; BingX: live order book, 15 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ8.3111.7 bp−$1280.0 bp−$800doesn’t fitdoesn’t fit
SELL · SHORTBingX10.0633.6 bp−$3483.6 bp−$836333.8 bp−$33.4K776.1 bp−$388.0K
Closing costs about the same again.