Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 156.92 | +0.0208 | pay 0.0208% / 8h | 4h 03m | $911K | $9.6M | — | Long BingX | |
| SHORT | 156.80 | +0.0050 | get 0.0006% / 1h | 3m 34s | $49.4M | $18.3M | 10x | Short tradeXYZ |
Price gap−0.076%
Funding gap−0.0158% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.022% 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−$54−0.0158% /8h now · paid −0.543% over the last 7D
Price−$2spread −0.076% now, avg −0.055% → −0.022% if it goes back
Costs−$320.319% of $10k · taker + slippage, in and out
Result−$88−0.88%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.076%
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
/8hMSTR on 35 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books6.0 / 9.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $1,000BingX —, tradeXYZ 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$4.74Long BingX: 3 payments, −$6.24; short tradeXYZ: 24 payments, +$1.50.
- Watch: Gap narrower than usual−0.076% vs −0.055%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$911K vs $49.4M OIBingX sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · tradeXYZ 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−0.0258%/8h × 21 periods−$54.28
Price spread−0.076% → −0.055% (7d avg)−$2.16
Slippage, 4 orderslive order books−$3.92
Fee BingX bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$18.00
Net · 7 days · $10k−$88.36
Costs to cover0.319%Break-evennever at this rate
Slippage: BingX: live order book, 14 min ago; tradeXYZ: live order book, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.956.0 bp−$66.9 bp−$6914.1 bp−$1,41264.2 bp−$32.1K
SELL · SHORTtradeXYZ0.649.6 bp−$1012.4 bp−$12428.4 bp−$2,839234.5 bp−$117.3K
Closing costs about the same again.
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