Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 20.410 | +0.0683 | pay 0.0683% / 8h | 1h 11m | $915K | $1.6M | — | Long BingX | |
| SHORT | 20.391 | +0.0317 | get 0.0040% / 1h | 11m 34s | $3.1M | $11.1M | 10x | Short tradeXYZ |
Price gap−0.093%
Funding gap−0.0366% /8h
Both sides work against this direction now: funding costs $11 a day on $10k and the gap is 0.042% 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−$21−0.0366% /8h now · paid −0.206% over the last 7D
Price−$4spread −0.093% now, avg −0.051% → −0.042% if it goes back
Costs−$220.217% of $10k · taker + slippage, in and out
Result−$47−0.47%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.206% in total, about −0.0098%/8h on average.
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−0.093%
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
/8hKORU on 19 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books7.4 / 4.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $1,000BingX —, tradeXYZ 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$10.99Long BingX: 3 payments, −$20.49; short tradeXYZ: 24 payments, +$9.50.
- Watch: Gap narrower than usual−0.093% vs −0.051%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$915K vs $3.1M OIBingX sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · tradeXYZ 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−0.0098%/8h × 21 periods−$20.64
Price spread−0.093% → −0.051% (7d avg)−$4.20
Slippage, 4 orderslive order books−$9.93
Fee BingX bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$46.58
Costs to cover0.217%Break-evennever at this rate
Slippage: BingX: live order book, 5 min ago; tradeXYZ: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX2.457.4 bp−$714.8 bp−$14826.5 bp−$2,64976.4 bp−$38.2K
SELL · SHORTtradeXYZ0.744.8 bp−$512.1 bp−$12163.2 bp−$6,322doesn’t fit
Closing costs about the same again.

