Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.0250 | +0.0632 | pay 0.0316% / 4h | 3h 52m | $979K | $2.4M | — | Long BingX | |
| SHORT | 3.0219 | +0.0160 | get 0.0020% / 1h | 52m 02s | $112K | $224K | 5x | Short Extended10% off |
Price gap−0.104%
Funding gap−0.0472% /8h
Both sides work against this direction now: funding costs $14 a day on $10k and the gap is 0.089% 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−$53−0.0472% /8h now · paid −0.535% over the last 7D
Price−$9spread −0.104% now, avg −0.015% → −0.089% if it goes back
Costs−$210.212% of $10k · taker + slippage, in and out
Result−$84−0.84%+ Points / potential airdropExtended: 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−0.104%
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
/8hNATGAS on 26 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books6.7 / 3.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $2,000BingX —, Extended 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$14.16Long BingX: 6 payments, −$18.96; short Extended: 24 payments, +$4.80.
- Watch: Gap narrower than usual−0.104% vs −0.015%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$112K vs $979K OIExtended sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · Extended 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−0.0255%/8h × 21 periods−$53.49
Price spread−0.104% → −0.015% (7d avg)−$8.86
Slippage, 4 orderslive order books−$6.17
Fee BingX bp × 2 orders−$10.00
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k−$83.52
Costs to cover0.212%Break-evennever at this rate
Slippage: BingX: live order book, 6 min ago; Extended: live order book, 17 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.656.7 bp−$712.0 bp−$12034.0 bp−$3,39689.0 bp−$44.5K
SELL · SHORTExtended0.493.3 bp−$37.5 bp−$75doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 11:00 | gTrade (Gains Network) | Listing | NATGAS/USD no longer reported ($NATGAS) seen by our collector |
| 09-17 19:02 | tradeXYZ | Other | CVX references 1 share of Chevron Corporation common stock (NYSE: CVX), quoted in USD. Chevron produces crude oil and natural gas and manufactures transportation fuels, lubricants, and petrochemicals. @tradexyz on X ↗ |
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