Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 146.49 | +0.0100 | pay 0.0050% / 4h | 2h 49m | $972K | $1.2M | — | Long BingX | |
| SHORT | 146.29 | 0 | 0.0000% / 8h | 2h 49m | $148K | $448K | 25x | Short Bybit |
Price gap−0.137%
Funding gap−0.0100% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.083% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$19−0.0100% /8h now · paid +0.190% over the last 7D
Price−$8spread −0.137% now, avg −0.053% → −0.083% if it goes back
Costs−$2652.646% 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−0.137%
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
/8hHANMI on 12 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size40.6 / 98.9 bpAt $10k entering Bybit costs 98.9 bp, fee and slippage, 2.4× BingX’s.
- Note: Margin at max leverage— + $400BingX —, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$3.00Long BingX: 6 payments, −$3.00; short Bybit: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.137% vs −0.053%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$148K vs $972K 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+0.0090%/8h × 21 periods+$18.98
Price spread−0.137% → −0.053% (7d avg)−$8.32
Slippage, 4 orderslive order books−$243.57
Fee BingX bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$253.91
Costs to cover2.646%Break-even100.6 days
Slippage: BingX: live order book, 7 min ago; Bybit: live order book, just nowCost to enter
taker + slippage from mid, one sideBUY · LONGBingX3.7540.6 bp−$41468.0 bp−$4,680933.4 bp−$93.3K1220.6 bp−$610.3K
SELL · SHORTBybit3.4298.9 bp−$99doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.

