Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 282.36 | +0.0182 | pay 0.0182% / 8h | 3h 13m | $973K | $1.7M | — | Long BingX | |
| SHORT | 282.19 | 0 | 0.0000% / 8h | 3h 13m | — | $405K | 10x | Short SunX≤10% back |
Price gap−0.060%
Funding gap−0.0182% /8h
Funding costs $5 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−$12−0.0182% /8h now · paid −0.117% over the last 7D
Price−$1spread −0.060% now, avg −0.046% → −0.014% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$13−0.13%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
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−0.060%
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
/8hIWM on 18 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- 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: −$5.46Long BingX: 3 payments, −$5.46; short SunX: 3 payments, $0.00.
- Note: Gap at its usual level−0.060% vs −0.046%The price leg adds little either way.
- Watch: Short leg is thinner— vs $973K 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−0.0056%/8h × 21 periods−$11.68
Price spread−0.060% → −0.046% (7d avg)−$1.39
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee BingX bp × 2 orders−$10.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: BingX: live order book, 6 min ago; SunX: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.716.4 bp−$614.3 bp−$14395.6 bp−$9,565656.2 bp−$328.1K
SELL · SHORTSunX500.02doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-28 14:45 | Markets by Kinetiq | Listing | The following [mkts] will be settled and delisted towards the end of the week. TLT IWM USTECH US500 Please note that any outstanding positions will be settled at mark price. @Markets_xyz on X ↗ |
| 10-21 18:18 | Markets by Kinetiq | Other | Short tail HIP-3 offerings include US500, USTECH, TLT, IWM @Markets_xyz on X ↗ |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market IWM/USD ($IWM) seen by our collector |


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