Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,070.2 | +0.0401 | pay 0.0401% / 8h | 1h 17m | $900K | $6.5M | — | Long BingX | |
| SHORT | 1,069.5 | +0.0136 | get 0.0017% / 1h | 17m 34s | $148K | $282K | 10x | Short Pacifica10% back |
Price gap−0.063%
Funding gap−0.0265% /8h
Both sides work against this direction now: funding costs $8 a day on $10k and the gap is 0.034% 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−$9−0.0265% /8h now · paid −0.094% over the last 7D
Price−$3spread −0.063% now, avg −0.029% → −0.034% if it goes back
Costs−$250.254% of $10k · taker + slippage, in and out
Result−$38−0.38%+ Points / potential airdropPacifica: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.094% in total, about −0.0045%/8h on average.
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−0.063%
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
2 ok · 4 to watch- OK: Fits both order books6.0 / 8.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $1,000BingX —, Pacifica 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: −$7.96Long BingX: 3 payments, −$12.03; short Pacifica: 24 payments, +$4.07.
- Watch: Gap narrower than usual−0.063% vs −0.029%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$148K vs $900K OIPacifica sets your exit cost. Check its book before closing.
- OK: Points on a legPacifica pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · Pacifica 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−0.0045%/8h × 21 periods−$9.37
Price spread−0.063% → −0.029% (7d avg)−$3.41
Slippage, 4 orderslive order books−$7.39
Fee BingX bp × 2 orders−$10.00
Fee Pacifica bp × 2 orders−$8.00
Net · 7 days · $10k−$38.17
Costs to cover0.254%Break-evennever at this rate
Slippage: BingX: live order book, 4 min ago; Pacifica: live order book, 16 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 · SHORTPacifica2.118.1 bp−$821.5 bp−$215doesn’t fitdoesn’t fit
Closing costs about the same again.
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