Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 20.733 | 0 | 0.0000% / 1h | 26m 26s | $12K | $280K | 5x | Long Extended10% off | |
| SHORT | 20.750 | +0.0522 | get 0.0522% / 8h | 2h 26m | $915K | $1.7M | — | Short BingX |
Price gap+0.082%
Funding gap+0.0522% /8h
Both sides work: funding pays +$16 a day on $10k, and the gap is 0.033% above its 7d average: +$3 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$22+0.0522% /8h now · paid +0.224% over the last 7D
Price+$3spread +0.082% now, avg +0.048% → +0.033% if it goes back
Costs−$260.258% of $10k · taker + slippage, in and out
Result$00.00%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.224% in total, about +0.0107%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.082%
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- Watch: Large against open interest5.5 / 7.4 bp$10k is over 10% of Extended’s open interest.
- Note: Margin at max leverage$2,000 + —Extended 5x, 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: +$15.66Long Extended: 24 payments, $0.00; short BingX: 3 payments, +$15.66.
- OK: Entry gap works for you+0.082% vs +0.048%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$12K vs $915K OIExtended sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- Watch: KYCExtended 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+0.0107%/8h × 21 periods+$22.42
Price spread+0.082% → +0.048% (7d avg)+$3.34
Slippage, 4 orderslive order books−$10.80
Fee Extended bp × 2 orders−$5.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$0.04
Costs to cover0.258%Break-even7.0 days
Slippage: Extended: live order book, 38 min ago; BingX: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGExtended2.865.5 bp−$68.9 bp−$89doesn’t fitdoesn’t fit
SELL · SHORTBingX2.397.4 bp−$77.4 bp−$7417.4 bp−$1,74464.7 bp−$32.3K
Closing costs about the same again.