Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.0300 | +0.0622 | pay 0.0311% / 4h | 1m 44s | $979K | $2.4M | — | Long BingX | |
| SHORT | 3.0303 | +0.0050 | get 0.0006% / 1h | 1m 44s | $8.2M | $5.2M | 10x | Short tradeXYZ |
Price gap+0.010%
Funding gap−0.0572% /8h
The gap pays +$2 on $10k if it goes back to its 7d average, but funding costs $17 a day and eats that in about 3 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$60−0.0572% /8h now · paid −0.601% over the last 7D
Price+$2spread +0.010% now, avg −0.014% → +0.024% if it goes back
Costs−$230.229% of $10k · taker + slippage, in and out
Result−$81−0.81%+ 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+0.010%
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
3 ok · 3 to watch- OK: Fits both order books8.3 / 3.1 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 differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$17.16Long BingX: 6 payments, −$18.66; short tradeXYZ: 24 payments, +$1.50.
- OK: Entry gap works for you+0.010% vs −0.014%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$979K vs $8.2M 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−0.0286%/8h × 21 periods−$60.15
Price spread+0.010% → −0.014% (7d avg)+$2.36
Slippage, 4 orderslive order books−$11.12
Fee BingX bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$80.71
Costs to cover0.229%Break-evennever at this rate
Slippage: BingX: live order book, 12 min ago; tradeXYZ: live order book, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX3.288.3 bp−$811.6 bp−$11623.9 bp−$2,38776.3 bp−$38.2K
SELL · SHORTtradeXYZ0.493.1 bp−$36.4 bp−$6455.0 bp−$5,502doesn’t fit
Closing costs about the same again.
| 09-29 11:00 | gTrade (Gains Network) | Listing | NATGAS/USD no longer reported ($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 ↗ |
gTrade (Gains Network)