Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 42.260 | +0.0050 | pay 0.0050% / 8h | 2h 58m | $908K | $1.8M | — | Long BingX | |
| SHORT | 42.240 | 0 | 0.0000% / 8h | 2h 58m | $986 | $146K | 10x | Short SunX≤10% back |
Price gap−0.047%
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.030% 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−$11−0.0050% /8h now · paid −0.110% over the last 7D
Price−$3spread −0.047% now, avg −0.017% → −0.030% if it goes back
Costs−$1601.599% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.047%
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
/8hIREN on 21 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size10.1 / 69.5 bpAt $10k entering SunX costs 69.5 bp, fee and slippage, 6.9× BingX’s.
- Note: Margin at max leverage— + $1,000BingX —, SunX 10x. 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 BingX: 3 payments, −$1.50; short SunX: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.047% vs −0.017%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$986 vs $908K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · SunX 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−0.0052%/8h × 21 periods−$11.01
Price spread−0.047% → −0.017% (7d avg)−$3.00
Slippage, 4 orderslive order books−$141.90
Fee BingX bp × 2 orders−$10.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k−$173.91
Costs to cover1.599%Break-evennever at this rate
Slippage: BingX: live order book, 13 min ago; SunX: live order book, 65 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.1910.1 bp−$1025.7 bp−$25782.7 bp−$8,272545.5 bp−$272.8K
SELL · SHORTSunX48.1069.5 bp−$69doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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