Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 13.350 | 0 | 0.0000% / 8h | 2h 54m | $87K | $20K | 10x | Long Phemex | |
| SHORT | 13.360 | +0.0050 | get 0.0050% / 8h | 2h 54m | $298K | $1.2M | — | Short BingX |
Price gap+0.075%46s
Funding gap+0.0050% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.075% above zero (no 7-day history yet): +$7 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$65+0.0050% /8h now · paid +0.648% over the last 7D
Price—spread +0.075%46s now · prices read too far apart to compare
Costsno datano order book for Phemex
Result, before costs—no pointsneeds both prices read together
Price and funding
1h · historyEntry / Exit
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+0.075%
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
/8hPATH on 10 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for Phemex: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —Phemex 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 Phemex: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
- Watch: Prices read 46 s apart+0.075% vs —Part of this gap may be the market moving.
- Watch: Long leg is thinner$87K vs $298K OIPhemex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPhemex Yes · BingX YesKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0309%/8h × 21 periods+$64.80
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Phemex—
Fee Phemex bp × 2 orders−$12.00
Fee BingX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k+$42.80
price spread not counted: prices read too far apartCosts to cover0.220%Break-even2.4 days
Slippage: Phemex: no order-book sample; BingX: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhemex—————
SELL · SHORTBingX18.7125.9 bp−$2673.3 bp−$733420.8 bp−$42.1Kdoesn’t fit
Closing costs about the same again.
Phemex: no data.
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