Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 25.490 | +0.0050 | pay 0.0050% / 8h | 2h 05m | $933K | $846K | — | Long BingX | |
| SHORT | 25.540 | 0 | 0.0000% / 8h | 2h 05m | $713K | $1.9M | 25x | Short Bybit |
Price gap+0.196%
Funding gap−0.0050% /8h
The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 3.1 days. At the last 7 days' pace that is about 9 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$92−0.0050% /8h now · paid −0.919% over the last 7D
Price+$5spread +0.196% now, avg +0.149% → +0.047% if it goes back
Costs−$1751.748% of $10k · taker + slippage, in and out
Result−$262−2.62%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+0.196%
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
/8hMSTU on 11 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size20.3 / 64.0 bpAt $10k entering Bybit costs 64.0 bp, fee and slippage, 3.2× BingX’s.
- Note: Margin at max leverage— + $400BingX —, Bybit 25x. 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 Bybit: 3 payments, $0.00.
- OK: Entry gap works for you+0.196% vs +0.149%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$713K vs $933K OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Bybit 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−0.0438%/8h × 21 periods−$91.90
Price spread+0.196% → +0.149% (7d avg)+$4.70
Slippage, 4 orderslive order books−$153.77
Fee BingX bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$261.97
Costs to cover1.748%Break-evennever at this rate
Slippage: BingX: live order book, 61 min ago; Bybit: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX5.6520.3 bp−$2071.1 bp−$711doesn’t fitdoesn’t fit
SELL · SHORTBybit1.9564.0 bp−$64147.3 bp−$1,473doesn’t fitdoesn’t fit
Closing costs about the same again.
MSTU news
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