Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,732.1 | +0.0050 | pay 0.0050% / 8h | 3h 03m | $919K | $1.3M | — | Long BingX | |
| SHORT | 1,731.6 | 0 | 0.0000% / 8h | 3h 03m | $504K | $41K | 20x | Short Bitget |
Price gap−0.029%
Funding gap−0.0050% /8h
Funding costs $2 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$10−0.0050% /8h now · paid −0.100% over the last 7D
Price−$2spread −0.029% now, avg −0.011% → −0.017% if it goes back
Costs−$3933.928% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.029%
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
/8hMELI on 7 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size67.9 / 64.9 bpAt $10k entering BingX costs 67.9 bp, fee and slippage, 1.0× Bitget’s.
- Note: Margin at max leverage— + $500BingX —, Bitget 20x. 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 Bitget: 3 payments, $0.00.
- Note: Gap at its usual level−0.029% vs −0.011%The price leg adds little either way.
- Watch: Short leg is thinner$504K vs $919K OIBitget sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Bitget 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−0.0048%/8h × 21 periods−$10.00
Price spread−0.029% → −0.011% (7d avg)−$1.74
Slippage, 4 orderslive order books−$370.77
Fee BingX bp × 2 orders−$10.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$404.51
Costs to cover3.928%Break-evennever at this rate
Slippage: BingX: live order book, 4 min ago; Bitget: live order book, 41 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.4467.9 bp−$68104.9 bp−$1,049330.7 bp−$33.1K832.2 bp−$416.1K
SELL · SHORTBitget13.9364.9 bp−$6596.3 bp−$963doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-28 16:43 | Avantis | Other | 2/ Software and cybersecurity $PANW $FTNT $ADBE $ADSK $INTU $DDOG $WDAY $SHOP $PYPL $MELI $PDD $TTWO $DASH Application layer where the spend actually lives, is AI helping or harming these companies? @verantaxyz on X ↗ |
| 09-24 14:14 | Avantis | Listing | new market MELI/USD ($MELI) seen by our collector |
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