Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 116.55 | +0.0137 | pay 0.0017% / 1h | 30m 47s | $97.8M | $25.9M | 10x | Long tradeXYZ | |
| SHORT | 116.64 | +0.0498 | get 0.0498% / 8h | 2h 30m | $926K | $8.6M | — | Short BingX |
Price gap+0.077%
Funding gap+0.0361% /8h
Both sides work: funding pays +$11 a day on $10k, and the gap is 0.021% above its 7d average: +$2 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$19+0.0361% /8h now · paid +0.185% over the last 7D
Price+$2spread +0.077% now, avg +0.056% → +0.021% if it goes back
Costs−$170.169% of $10k · taker + slippage, in and out
Result+$4+0.04%+ 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 +0.185% in total, about +0.0088%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.077%
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
3 ok · 3 to watch- OK: Fits both order books1.8 / 5.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- 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: +$10.84Long tradeXYZ: 24 payments, −$4.10; short BingX: 3 payments, +$14.94.
- OK: Entry gap works for you+0.077% vs +0.056%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$926K vs $97.8M OIBingX 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+0.0088%/8h × 21 periods+$18.54
Price spread+0.077% → +0.056% (7d avg)+$2.08
Slippage, 4 orderslive order books−$5.08
Fee tradeXYZ bp × 2 orders−$1.80
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k+$3.73
Costs to cover0.169%Break-even5.6 days
Slippage: tradeXYZ: live order book, 3 min ago; BingX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ0.851.8 bp−$24.0 bp−$4014.4 bp−$1,44280.5 bp−$40.3K
SELL · SHORTBingX0.435.5 bp−$66.4 bp−$6426.2 bp−$2,61683.3 bp−$41.6K
Closing costs about the same again.
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