Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 352.57 | +0.0050 | pay 0.0050% / 8h | 7h 06m | $972K | $1.6M | — | Long BingX | |
| SHORT | 351.94 | −0.0803 | pay 0.0402% / 4h | 3h 06m | $41K | $340K | 10x | Short edgeX |
Price gap−0.178%48s
Funding gap−0.0853% /8h
Both sides work against this direction now: funding costs $26 a day on $10k and the gap is 0.079% under its 7d average. Swap the legs.
The two prices were read 48 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$5−0.0853% /8h now · paid −0.048% over the last 7D
Price—spread −0.178%48s now · prices read too far apart to compare
Costs−$1051.045% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.048% in total, about −0.0023%/8h on average.
Price and funding
1h · loading 5m…Entry / ExitBingX: thin, under $1M open interest · edgeX: thin, under $1M open interest
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−0.178%
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
/8hNET on 11 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size24.0 / 26.3 bpAt $10k entering edgeX costs 26.3 bp, fee and slippage, 1.1× BingX’s.
- Note: Margin at max leverage— + $1,000BingX —, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$25.60Long BingX: 3 payments, −$1.50; short edgeX: 6 payments, −$24.10.
- Watch: Prices read 48 s apart−0.178% vs −0.099%Part of this gap may be the market moving.
- Watch: Short leg is thinner$41K vs $972K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · edgeX 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−0.0023%/8h × 21 periods−$4.82
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$85.52
Fee BingX bp × 2 orders−$10.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$109.33
price spread not counted: prices read too far apartCosts to cover1.045%Break-evennever at this rate
Slippage: BingX: live order book, 4 min ago; edgeX: live order book, 31 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX10.9224.0 bp−$2475.3 bp−$753160.3 bp−$16.0K634.6 bp−$317.3K
SELL · SHORTedgeX16.2226.3 bp−$26doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.