Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 459.15 | +0.0050 | pay 0.0050% / 8h | 7h 58m | $915K | $365K | — | Long BingX | |
| SHORT | 459.16 | −0.0389 | pay 0.0389% / 8h | 7h 58m | $106K | $63K | 10x | Short OKX |
Price gap+0.003%
Funding gap−0.0439% /8h
Funding costs $13 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$141−0.0439% /8h now · paid −1.414% over the last 7D
Price−$2spread +0.003% now, avg +0.019% → −0.016% if it goes back
Costs−$5465.465% of $10k · taker + slippage, in and out
Result−$689−6.89%no points
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+0.003%
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 · 3 to watch- Watch: Thin at this size224.4 / 75.4 bpAt $10k entering BingX costs 224.4 bp, fee and slippage, 3.0× OKX’s.
- Note: Margin at max leverage— + $1,000BingX —, OKX 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: −$13.18Long BingX: 3 payments, −$1.50; short OKX: 3 payments, −$11.68.
- Note: Gap at its usual level+0.003% vs +0.019%The price leg adds little either way.
- Watch: Short leg is thinner$106K vs $915K OIOKX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · OKX 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−0.0673%/8h × 21 periods−$141.38
Price spread+0.003% → +0.019% (7d avg)−$1.60
Slippage, 4 orderslive order books−$526.48
Fee BingX bp × 2 orders−$10.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$689.46
Costs to cover5.465%Break-evennever at this rate
Slippage: BingX: live order book, 15 min ago; OKX: live order book, 39 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX13.60224.4 bp−$224489.1 bp−$4,891605.2 bp−$60.5K947.3 bp−$473.7K
SELL · SHORTOKX18.1175.4 bp−$75doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis