Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 413.48 | +0.0050 | pay 0.0050% / 8h | 3h 03m | $915K | $1.2M | — | Long BingX | |
| SHORT | 412.70 | 0 | 0.0000% / 8h | 3h 03m | $146K | $5K | 20x | Short Gate |
Price gap−0.189%
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.353% 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−$131−0.0050% /8h now · paid −1.308% over the last 7D
Price−$35spread −0.189% now, avg +0.164% → −0.353% if it goes back
Costs−$4064.058% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.189%
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
/8hISRG on 9 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size104.2 / 125.9 bpAt $10k entering Gate costs 125.9 bp, fee and slippage, 1.2× BingX’s.
- Note: Margin at max leverage— + $500BingX —, Gate 20x. 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 Gate: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.189% vs +0.164%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$146K vs $915K OIGate sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Gate 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−0.0623%/8h × 21 periods−$130.80
Price spread−0.189% → +0.164% (7d avg)−$35.26
Slippage, 4 orderslive order books−$380.78
Fee BingX bp × 2 orders−$10.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$571.85
Costs to cover4.058%Break-evennever at this rate
Slippage: BingX: live order book, 3 min ago; Gate: live order book, 61 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX8.10104.2 bp−$104242.1 bp−$2,421372.6 bp−$37.3K799.4 bp−$399.7K
SELL · SHORTGate23.01125.9 bp−$126doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis