Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.5500 | 0 | 0.0000% / 8h | 3h 03m | $880 | $154K | 10x | Long SunX≤10% back | |
| SHORT | 7.5770 | +0.0050 | get 0.0050% / 8h | 3h 03m | $918K | $1.2M | — | Short BingX |
Price gap+0.358%
Funding gap+0.0050% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.210% above its 7d average: +$21 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$10+0.0050% /8h now · paid +0.097% over the last 7D
Price+$21spread +0.358% now, avg +0.147% → +0.210% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$31+0.31%no pointscosts unknown: book too thin at $10k · What 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+0.358%
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
/8hONDS on 13 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$1,000 + —SunX 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$1.50Long SunX: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
- OK: Entry gap works for you+0.358% vs +0.147%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$880 vs $918K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · BingX YesAdvanced 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+0.0046%/8h × 21 periods+$9.70
Price spread+0.358% → +0.147% (7d avg)+$21.03
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 60 min ago; BingX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX508.02doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX10.5729.3 bp−$2984.0 bp−$840309.9 bp−$31.0K779.3 bp−$389.6K
Closing costs about the same again.
| 09-29 16:22 | Variational Omni | Listing | Ondas $ONDS perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗ |
| 09-29 14:35 | Variational Omni | Listing | new market ONDS ($ONDS) seen by our collector |
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