Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 40.280 | +0.1521 | pay 0.1521% / 8h | 2h 29m | $914K | $1.3M | — | Long BingX | |
| SHORT | 40.337 | +0.0178 | get 0.0089% / 4h | 2h 29m | $46K | $289K | 10x | Short edgeX |
Price gap+0.142%
Funding gap−0.1343% /8h
The gap pays +$10 on $10k if it goes back to its 7d average, but funding costs $40 a day and eats that in about 6 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 forecastFunding−$99−0.1343% /8h now · paid −0.993% over the last 7D
Price+$10spread +0.142% now, avg +0.041% → +0.101% if it goes back
Costs−$3053.047% of $10k · taker + slippage, in and out
Result−$394−3.94%+ Points / potential airdropedgeX: points · farm boardWhat 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+0.142%
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
/8hOUST on 8 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size128.3 / 39.5 bpAt $10k entering BingX costs 128.3 bp, fee and slippage, 3.3× edgeX’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: −$40.29Long BingX: 3 payments, −$45.63; short edgeX: 6 payments, +$5.34.
- OK: Entry gap works for you+0.142% vs +0.041%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$46K vs $914K 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−0.0473%/8h × 21 periods−$99.35
Price spread+0.142% → +0.041% (7d avg)+$10.10
Slippage, 4 orderslive order books−$285.70
Fee BingX bp × 2 orders−$10.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$393.95
Costs to cover3.047%Break-evennever at this rate
Slippage: BingX: live order book, 8 min ago; edgeX: live order book, 37 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX46.63128.3 bp−$128565.5 bp−$5,6551116.2 bp−$111.6K1328.4 bp−$664.2K
SELL · SHORTedgeX24.5839.5 bp−$39doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.