Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 22.413 | +0.0591 | pay 0.0074% / 1h | 39m 51s | $55K | $23K | 10x | Long tradeXYZ | |
| SHORT | 22.420 | +0.0050 | get 0.0050% / 8h | 3h 39m | $901K | $1.2M | — | Short BingX |
Price gap+0.031%
Funding gap−0.0541% /8h
The gap pays +$3 on $10k if it goes back to zero (no 7-day history yet), but funding costs $16 a day and eats that in about 5 hours.
Funding on this pair paid 0.197% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$20−0.0541% /8h now · paid +0.197% over the last 7D
Price—spread +0.031% now · no price history on both exchanges yet
Costsno datano order book for tradeXYZ
Result, before costs—+ Points / potential airdroptradeXYZ: points · farm boardneeds both price histories
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.197% in total, about +0.0094%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.031%
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
/8hKSTR on 14 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for tradeXYZ: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —tradeXYZ 10x, 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: −$16.24Long tradeXYZ: 24 payments, −$17.74; short BingX: 3 payments, +$1.50.
- Note: No 7-day spread history+0.031%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$55K vs $901K OItradeXYZ 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+0.0094%/8h × 21 periods+$19.71
Price spread+0.031% → 0+$3.12
Slippage, 4 ordersno data for tradeXYZ—
Fee tradeXYZ bp × 2 orders−$1.80
Fee BingX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k+$11.03
Costs to cover0.118%Break-even3.1 days
Slippage: tradeXYZ: no order-book sample; BingX: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ—————
SELL · SHORTBingX8.9230.8 bp−$3174.3 bp−$743267.3 bp−$26.7K824.8 bp−$412.4K
Closing costs about the same again.
tradeXYZ: no data.
OKX