Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 70,028 | +0.0050 | pay 0.0006% / 1h | 51m 49s | $3.4M | $1.8M | 20x | Long tradeXYZ | |
| SHORT | 70,080.6 | +0.0050 | get 0.0050% / 8h | 51m 49s | $936K | $3.8M | — | Short BingX |
Price gap+0.075%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$2 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$110.0000% /8h now · paid +0.110% over the last 7D
Price+$2spread +0.075% now, avg +0.054% → +0.021% if it goes back
Costs−$210.212% of $10k · taker + slippage, in and out
Result−$8−0.08%+ Points / potential airdroptradeXYZ: points · farm boardWhat 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+0.075%
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
/8hJP225 on 8 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books3.6 / 6.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + —tradeXYZ 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long tradeXYZ: 24 payments, −$1.50; short BingX: 3 payments, +$1.50.
- OK: Entry gap works for you+0.075% vs +0.054%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$936K vs $3.4M OIBingX sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCtradeXYZ No · BingX 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+0.0052%/8h × 21 periods+$11.00
Price spread+0.075% → +0.054% (7d avg)+$2.09
Slippage, 4 orderslive order books−$9.38
Fee tradeXYZ bp × 2 orders−$1.80
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$8.09
Costs to cover0.212%Break-even12.1 days
Slippage: tradeXYZ: live order book, 2 min ago; BingX: live order book, 19 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ2.503.6 bp−$419.0 bp−$19095.6 bp−$9,562doesn’t fit
SELL · SHORTBingX0.946.5 bp−$66.9 bp−$6910.3 bp−$1,02925.0 bp−$12.5K
Closing costs about the same again.
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