Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 47.860 | 0 | 0.0000% / 8h | 3h 28m | — | $818K | 10x | Long SunX≤10% back | |
| SHORT | 47.551 | +0.0050 | get 0.0050% / 8h | 3h 28m | $914K | $1.2M | — | Short BingX |
Price gap−0.646%
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 0.659% under its 7d average: −$66 if it goes back, about 44 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$7+0.0050% /8h now · paid +0.065% over the last 7D
Price−$66spread −0.646% now, avg +0.013% → −0.659% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$59−0.59%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.646%
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
/8hGFS on 6 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$1,000 + —SunX 10x, BingX —. 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 SunX: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
- Watch: Gap narrower than usual−0.646% vs +0.013%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner— vs $914K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX 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+0.0031%/8h × 21 periods+$6.53
Price spread−0.646% → +0.013% (7d avg)−$65.89
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 41 min ago; BingX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX901.29doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX44.42136.3 bp−$136165.4 bp−$1,654646.5 bp−$64.7Kdoesn’t fit
Closing costs about the same again.

