Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,592.5 | +0.0050 | pay 0.0050% / 8h | 4h 10m | — | $829K | 10x | Long SunX≤10% back | |
| SHORT | 1,620.2 | +0.0050 | get 0.0050% / 8h | 4h 10m | $929K | $1.8M | — | Short BingX |
Price gap+1.738%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$140 on $10k if the gap goes back to its 7d average.
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+$140spread +1.738% now, avg +0.335% → +1.402% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$149+1.49%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+1.738%
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
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: $0.00Long SunX: 3 payments, −$1.50; short BingX: 3 payments, +$1.50.
- OK: Entry gap works for you+1.738% vs +0.335%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long 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: 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+0.0043%/8h × 21 periods+$9.00
Price spread+1.738% → +0.335% (7d avg)+$140.21
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, 64 min ago; BingX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX500.41doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX1.057.1 bp−$77.6 bp−$76103.0 bp−$10.3Kdoesn’t fit
Closing costs about the same again.
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