TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

NAVER

RWAAll NAVER markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BingXNCSKNAVER2USD-USDT
127.93+0.0100pay 0.0050% / 4h29m 44s$914K$1.0M—Long BingX
SHORT
BybitNAVERUSDT
128.0200.0000% / 8h29m 44s$63K$1.5M25xShort Bybit
Price gap+0.070%
Funding gap−0.0100% /8h

The gap pays +$6 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 45 hours. At the last 7 days' pace that is about 17 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$56−0.0100% /8h now · paid −0.558% over the last 7D
Price+$6spread +0.070% now, avg +0.014% → +0.057% if it goes back
Costs−$1651.646% of $10k · taker + slippage, in and out
Result−$215−2.15%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.070%
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

/8h

NAVER on 11 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size66.4 / 29.0 bp
    At $10k entering BingX costs 66.4 bp, fee and slippage, 2.3× Bybit’s.
  • Note: Margin at max leverage— + $400
    BingX —, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$3.00Long BingX: 6 payments, −$3.00; short Bybit: 3 payments, $0.00.
  • OK: Entry gap works for you+0.070% vs +0.014%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$63K vs $914K OI
    Bybit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBingX Yes · Bybit Yes
    Advanced 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 out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0266%/8h × 21 periods−$55.83
Price spread+0.070% → +0.014% (7d avg)+$5.67
Slippage, 4 orderslive order books−$143.58
Fee BingX bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$214.74
Costs to cover1.646%Break-evennever at this rate
Slippage: BingX: live order book, 12 min ago; Bybit: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX7.8266.4 bp−$66277.6 bp−$2,776585.7 bp−$58.6K995.6 bp−$497.8K
SELL · SHORTBybit3.1229.0 bp−$29172.2 bp−$1,722doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

NAVER news

posts that mention NAVER or Naver, from every exchangeSearch all news →
10-14 01:44AvantisOtherAI chip supply chain: Samsung electronics, Samsung Electro-Mechanics, Hanmi Semiconductor, and SK Inc. Batteries, cars, materials: LG Energy Solution, LG Chem, LG Electronics, Hyundai Motor, and Hyundai Steel Ships, defense, platforms: HD Korea Shipbuilding, HMM, Hanwha Systems, Naver, Kakao, KRAFTON, NH Investment & Securities, KODEX 200 @verantaxyz on X ↗