Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,622.6 | +0.0050 | pay 0.0050% / 8h | 3h 28m | $929K | $1.8M | — | Long BingX | |
| SHORT | 1,592.4 | +0.0050 | get 0.0050% / 8h | 3h 28m | — | $821K | 10x | Short SunX≤10% back |
Price gap−1.858%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 1.513% under its 7d average: the price leg works against you, −$151 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$90.0000% /8h now · paid −0.090% over the last 7D
Price−$151spread −1.858% now, avg −0.346% → −1.513% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$160−1.60%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−1.858%
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
/8hOPENAI on 23 exchanges
lowest funding firstBefore you open
1 ok · 4 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— + $1,000BingX —, SunX 10x. 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: $0.00Long BingX: 3 payments, −$1.50; short SunX: 3 payments, +$1.50.
- Watch: Gap narrower than usual−1.858% vs −0.346%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner— vs $929K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · SunX 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−0.0043%/8h × 21 periods−$9.00
Price spread−1.858% → −0.346% (7d avg)−$151.25
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee BingX bp × 2 orders−$10.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: BingX: live order book, 13 min ago; SunX: live order book, 41 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX2.3212.0 bp−$1233.8 bp−$338205.3 bp−$20.5K881.2 bp−$440.6K
SELL · SHORTSunX500.46doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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