Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 146.62 | +0.0050 | pay 0.0050% / 8h | 1h 57m | $836K | $720K | — | Long BingX | |
| SHORT | 146.63 | 0 | 0.0000% / 8h | 1h 57m | $105K | $394K | 20x | Short Binance |
Price gap+0.007%
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−$13−0.0050% /8h now · paid −0.126% over the last 7D
Price+$1spread +0.007% now, avg −0.003% → +0.010% if it goes back
Costs−$910.912% of $10k · taker + slippage, in and out
Result−$103−1.03%no points
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+0.007%
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
/8hMRK on 11 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size15.4 / 30.7 bpAt $10k entering Binance costs 30.7 bp, fee and slippage, 2.0× BingX’s.
- Note: Margin at max leverage— + $500BingX —, Binance 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 Binance: 3 payments, $0.00.
- Note: Gap at its usual level+0.007% vs −0.003%The price leg adds little either way.
- Watch: Short leg is thinner$105K vs $836K OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Binance 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−0.0060%/8h × 21 periods−$12.60
Price spread+0.007% → −0.003% (7d avg)+$0.96
Slippage, 4 orderslive order books−$73.23
Fee BingX bp × 2 orders−$10.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$102.87
Costs to cover0.912%Break-evennever at this rate
Slippage: BingX: live order book, 68 min ago; Binance: live order book, 52 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX2.7215.4 bp−$1579.1 bp−$791142.0 bp−$14.2K703.1 bp−$351.6K
SELL · SHORTBinance1.7030.7 bp−$31127.7 bp−$1,277doesn’t fitdoesn’t fit
Closing costs about the same again.
Kalshi
edgeX