Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,069.5 | +0.0401 | pay 0.0401% / 8h | 1h 16m | $900K | $6.5M | — | Long BingX | |
| SHORT | 1,069.4 | +0.0184 | get 0.0023% / 1h | 16m 13s | $354K | $976K | 10x | Short Nado20% off |
Price gap−0.012%
Funding gap−0.0217% /8h
The gap pays +$2 on $10k if it goes back to its 7d average, but funding costs $7 a day and eats that in about 9 hours. At the last 7 days' pace that is about 20 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$20−0.0217% /8h now · paid −0.200% over the last 7D
Price+$2spread −0.012% now, avg −0.036% → +0.024% if it goes back
Costs−$240.242% of $10k · taker + slippage, in and out
Result−$42−0.42%+ Points / potential airdropNado: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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−0.012%
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
/8hMU on 40 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books6.0 / 6.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $1,000BingX —, Nado 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: −$6.52Long BingX: 3 payments, −$12.03; short Nado: 24 payments, +$5.51.
- OK: Entry gap works for you−0.012% vs −0.036%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$354K vs $900K OINado sets your exit cost. Check its book before closing.
- OK: Points on a legNado pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · Nado 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−0.0095%/8h × 21 periods−$19.99
Price spread−0.012% → −0.036% (7d avg)+$2.37
Slippage, 4 orderslive order books−$7.25
Fee BingX bp × 2 orders−$10.00
Fee Nado bp × 2 orders−$7.00
Net · 7 days · $10k−$41.86
Costs to cover0.242%Break-evennever at this rate
Slippage: BingX: live order book, 6 min ago; Nado: live order book, 19 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.056.0 bp−$66.9 bp−$6913.0 bp−$1,29831.0 bp−$15.5K
SELL · SHORTNado0.476.5 bp−$617.2 bp−$172doesn’t fitdoesn’t fit
Closing costs about the same again.
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