Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 115.71 | +0.0246 | pay 0.0246% / 8h | 4h 44m | $926K | $8.6M | — | Long BingX | |
| SHORT | 115.67 | +0.0034 | get 0.0017% / 4h | 44m 31s | $78K | $281K | 10x | Short edgeX |
Price gap−0.037%55s
Funding gap−0.0212% /8h
Funding costs $6 a day on $10k at the current rate. Swap the legs.
Funding on this pair paid 0.577% over the last 7 days: the rate has only just turned. The two prices were read 55 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$58−0.0212% /8h now · paid +0.577% over the last 7D
Price—spread −0.037%55s now · prices read too far apart to compare
Costs−$350.349% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.037%
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
/8hINTC on 37 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Large against open interest6.9 / 10.8 bp$10k is over 10% of edgeX’s open interest.
- Note: Margin at max leverage— + $1,000BingX —, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$6.35Long BingX: 3 payments, −$7.38; short edgeX: 6 payments, +$1.03.
- Watch: Prices read 55 s apart−0.037% vs −0.041%Part of this gap may be the market moving.
- Watch: Short leg is thinner$78K vs $926K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · edgeX 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+0.0275%/8h × 21 periods+$57.66
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$15.85
Fee BingX bp × 2 orders−$10.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k+$22.80
price spread not counted: prices read too far apartCosts to cover0.349%Break-even4.2 days
Slippage: BingX: live order book, 3 min ago; edgeX: live order book, 32 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.866.9 bp−$79.2 bp−$9219.4 bp−$1,94081.6 bp−$40.8K
SELL · SHORTedgeX5.6010.8 bp−$1120.5 bp−$205doesn’t fitdoesn’t fit
Closing costs about the same again.
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