Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 73.640 | +0.0050 | pay 0.0050% / 8h | 52m 04s | $984K | $1.2M | — | Long BingX | |
| SHORT | 73.530 | +0.0050 | get 0.0006% / 1h | 52m 04s | $856K | $103K | 10x | Short tradeXYZ |
Price gap−0.149%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$25 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+$250.0000% /8h now · paid +0.245% over the last 7D
Price+$25spread −0.149% now, avg −0.397% → +0.248% if it goes back
Costs−$2092.093% of $10k · taker + slippage, in and out
Result−$160−1.60%+ 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−0.149%
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
/8hMAGS on 3 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size95.5 / 5.0 bpAt $10k entering BingX costs 95.5 bp, fee and slippage, 18.9× tradeXYZ’s.
- 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: $0.00Long BingX: 3 payments, −$1.50; short tradeXYZ: 24 payments, +$1.50.
- OK: Entry gap works for you−0.149% vs −0.397%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$856K vs $984K OItradeXYZ 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+0.0117%/8h × 21 periods+$24.52
Price spread−0.149% → −0.397% (7d avg)+$24.81
Slippage, 4 orderslive order books−$197.51
Fee BingX bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$159.98
Costs to cover2.093%Break-even52.7 days
Slippage: BingX: live order book, 9 min ago; tradeXYZ: live order book, 40 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX7.4795.5 bp−$96206.9 bp−$2,069356.8 bp−$35.7K790.6 bp−$395.3K
SELL · SHORTtradeXYZ4.155.0 bp−$526.1 bp−$261doesn’t fitdoesn’t fit
Closing costs about the same again.