Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 11.200 | +0.0050 | pay 0.0050% / 8h | 5h 33m | $942K | $1.7M | — | Long BingX | |
| SHORT | 11.180 | 0 | 0.0000% / 8h | 5h 33m | $624K | $302K | 25x | Short Bybit |
Price gap−0.179%
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.126% 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−$15−0.0050% /8h now · paid −0.149% over the last 7D
Price−$13spread −0.179% now, avg −0.053% → −0.126% if it goes back
Costs−$1811.812% of $10k · taker + slippage, in and out
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−0.179%
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
/8hMARA on 12 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size18.4 / 42.3 bpAt $10k entering Bybit costs 42.3 bp, fee and slippage, 2.3× BingX’s.
- Note: Margin at max leverage— + $400BingX —, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.50Long BingX: 3 payments, −$1.50; short Bybit: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.179% vs −0.053%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$624K vs $942K OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Bybit 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−0.0071%/8h × 21 periods−$14.87
Price spread−0.179% → −0.053% (7d avg)−$12.55
Slippage, 4 orderslive order books−$160.20
Fee BingX bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$208.62
Costs to cover1.812%Break-evennever at this rate
Slippage: BingX: live order book, 14 min ago; Bybit: live order book, 57 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX13.4218.4 bp−$1897.4 bp−$974200.1 bp−$20.0K633.5 bp−$316.7K
SELL · SHORTBybit4.4642.3 bp−$42doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market MARA/USD ($MARA) seen by our collector |
gTrade (Gains Network)