Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 515.23 | 0 | 0.0000% / 8h | 58m 33s | $5K | $965K | 20x | Long SunX≤10% back | |
| SHORT | 514.63 | −0.0050 | pay 0.0050% / 8h | 58m 33s | $995K | $1.9M | — | Short BingX |
Price gap−0.116%
Funding gap−0.0050% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 48 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$11−0.0050% /8h now · paid −0.106% over the last 7D
Price+$3spread −0.116% now, avg −0.146% → +0.030% if it goes back
Costs−$2252.255% 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−0.116%
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 · 3 to watch- Watch: Thin at this size111.0 / 5.1 bpAt $10k entering SunX costs 111.0 bp, fee and slippage, 21.8× BingX’s.
- Note: Margin at max leverage$500 + —SunX 20x, BingX —. 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 SunX: 3 payments, $0.00; short BingX: 3 payments, −$1.50.
- OK: Entry gap works for you−0.116% vs −0.146%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$5K vs $995K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · BingX 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−0.0051%/8h × 21 periods−$10.62
Price spread−0.116% → −0.146% (7d avg)+$2.98
Slippage, 4 orderslive order books−$207.48
Fee SunX bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$233.12
Costs to cover2.255%Break-evennever at this rate
Slippage: SunX: live order book, 59 min ago; BingX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX29.12111.0 bp−$111doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX0.105.1 bp−$55.1 bp−$515.1 bp−$51039.4 bp−$19.7K
Closing costs about the same again.
| 09-30 18:40 | Hotstuff | Listing | MSFT-PERP no longer reported ($MSFT) seen by our collector |
| 09-29 10:22 | BingX | Other | Microsoft’s AI push is giving $MSFT a lift 👀 A Copilot overhaul and plans to monetize AI agents are fueling the move. What’s behind the rally? Get the breakdown👇 @BingXOfficial on X ↗ |
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| 09-25 15:01 | Vest Markets | Other | $MSFT is up around 3.6% today, with Microsoft revamping Copilot to add coding and always-on agent tools. The update bundles Code, Cowork and an Autopilot agent into one app with Word, Excel and PowerPoint embedded, priced by usage rather than a $30 monthly add-on. Fewer than 7% of Microsoft's more than 450 million commercial Office 365 seats carry the Copilot add-on. @VestExchange on X ↗ |
| 09-23 06:40 | Kalshi | Other | JUST IN: Microsoft to give Pentagon's DARPA hands-on access to its new quantum system @Kalshi on X ↗ |


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