Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 412.70 | 0 | 0.0000% / 8h | 2h 32m | $146K | $5K | 20x | Long Gate | |
| SHORT | 411.39 | +0.0160 | get 0.0160% / 8h | 2h 32m | $915K | $1.2M | — | Short BingX |
Price gap−0.317%
Funding gap+0.0160% /8h
Funding pays +$5 a day on $10k, but the gap is 0.155% under its 7d average: −$16 if it goes back, about 3.2 days of funding. At the last 7 days' pace that is about 20 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$131+0.0160% /8h now · paid +1.308% over the last 7D
Price−$16spread −0.317% now, avg −0.162% → −0.155% if it goes back
Costs−$4404.399% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.317%
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 size81.3 / 96.8 bpAt $10k entering BingX costs 96.8 bp, fee and slippage, 1.2× Gate’s.
- Note: Margin at max leverage$500 + —Gate 20x, BingX —. 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: +$4.80Long Gate: 3 payments, $0.00; short BingX: 3 payments, +$4.80.
- Watch: Gap narrower than usual−0.317% vs −0.162%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long 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: KYCGate Yes · BingX YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0623%/8h × 21 periods+$130.80
Price spread−0.317% → −0.162% (7d avg)−$15.53
Slippage, 4 orderslive order books−$414.87
Fee Gate bp × 2 orders−$15.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$324.60
Costs to cover4.399%Break-even24.4 days
Slippage: Gate: live order book, 27 min ago; BingX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate44.7181.3 bp−$81doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX8.2296.8 bp−$97836.3 bp−$8,3631230.5 bp−$123.0K1417.7 bp−$708.9K
Closing costs about the same again.
Avantis