Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 508.40 | −0.0050 | get 0.0050% / 8h | 4h 46m | $995K | $1.7M | — | Long BingX | |
| SHORT | 508.12 | +0.0544 | get 0.0272% / 4h | 46m 14s | $128K | $247K | 10x | Short edgeX |
Price gap−0.054%70s
Funding gap+0.0594% /8h
Funding pays +$18 a day on $10k, but the gap is 0.027% under its 7d average: −$3 if it goes back, about 4 hours of funding.
The two prices were read 70 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$88+0.0594% /8h now · paid +0.883% over the last 7D
Price—spread −0.054%70s now · prices read too far apart to compare
Costs−$330.333% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.054%
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
/8hMSFT on 35 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books7.3 / 9.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $1,000BingX —, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$17.81Long BingX: 3 payments, +$1.50; short edgeX: 6 payments, +$16.31.
- Watch: Prices read 70 s apart−0.054% vs −0.027%Part of this gap may be the market moving.
- Watch: Short leg is thinner$128K vs $995K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · edgeX 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+0.0420%/8h × 21 periods+$88.27
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$14.33
Fee BingX bp × 2 orders−$10.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k+$54.94
price spread not counted: prices read too far apartCosts to cover0.333%Break-even2.6 days
Slippage: BingX: live order book, 10 min ago; edgeX: live order book, 30 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.297.3 bp−$712.0 bp−$12042.5 bp−$4,250273.8 bp−$136.9K
SELL · SHORTedgeX5.129.8 bp−$1012.1 bp−$121doesn’t fitdoesn’t fit
Closing costs about the same again.
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Kalshi
Coinbase International