Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.3244 | +0.1059 | pay 0.0132% / 1h | 3m 30s | $380K | $88K | 5x | Long Entropy | |
| SHORT | 1.3250 | +0.1020 | get 0.1020% / 8h | 3h 03m | $902K | $1.6M | — | Short BingX |
Price gap+0.045%
Funding gap−0.0039% /8h
The gap pays +$13 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 11 days. At the last 7 days' pace that is about 3.3 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$27−0.0039% /8h now · paid −0.274% over the last 7D
Price+$13spread +0.045% now, avg −0.086% → +0.131% if it goes back
Costs−$2822.820% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.045%
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
/8hGPRO on 13 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size44.5 / 81.7 bpAt $10k entering BingX costs 81.7 bp, fee and slippage, 1.8× Entropy’s.
- Note: Margin at max leverage$2,000 + —Entropy 5x, 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: −$1.17Long Entropy: 24 payments, −$31.77; short BingX: 3 payments, +$30.60.
- OK: Entry gap works for you+0.045% vs −0.086%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$380K vs $902K OIEntropy sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCEntropy 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−0.0131%/8h × 21 periods−$27.41
Price spread+0.045% → −0.086% (7d avg)+$13.09
Slippage, 4 orderslive order books−$270.17
Fee Entropy bp × 2 orders−$1.80
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$296.29
Costs to cover2.820%Break-evennever at this rate
Slippage: Entropy: live order book, 55 min ago; BingX: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGEntropy21.2044.5 bp−$45258.2 bp−$2,582doesn’t fitdoesn’t fit
SELL · SHORTBingX15.1181.7 bp−$82229.0 bp−$2,290doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-20 12:07 | Binance | Other | Binance Exchange Adds GoPro (GPROB) and Reddit (RDDTB) bStocks Trading Pairs on Binance Spot/Convert. 👉 @binance on X ↗ |

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