Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 55.800 | +0.0147 | pay 0.0018% / 1h | 23m 22s | $99K | — | 10x | Long Vest Markets+5% pts | |
| SHORT | 55.790 | +0.0157 | get 0.0157% / 8h | 2h 23m | $933K | $1.3M | — | Short BingX |
Price gap−0.018%
Funding gap+0.0010% /8h
Both sides work: funding pays $0 a day on $10k, and the gap is 0.480% above its 7d average: +$48 more if it goes back.
Funding on this pair cost 0.143% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$14+0.0010% /8h now · paid −0.143% over the last 7D
Price+$48spread −0.018% now, avg −0.497% → +0.480% if it goes back
Costsno datano order book for Vest Markets
Result, before costs+$34+0.34%+ Points / potential airdropVest Markets: points · farm boardcosts unknown: no order book for Vest Markets · 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−0.018%
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
/8hPENG on 10 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for Vest Markets: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —Vest Markets 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.31Long Vest Markets: 24 payments, −$4.40; short BingX: 3 payments, +$4.71.
- OK: Entry gap works for you−0.018% vs −0.497%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$99K vs $933K OIVest Markets sets your exit cost. Check its book before closing.
- OK: Points on a legVest Markets pointsVolume here counts toward the points program.
- Watch: KYCVest Markets 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−0.0068%/8h × 21 periods−$14.30
Price spread−0.018% → −0.497% (7d avg)+$47.96
Slippage, 4 ordersno data for Vest Markets—
Fee Vest Markets bp × 2 orders−$2.00
Fee BingX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k+$21.65
Costs to cover0.120%Break-evenfrom the start
Slippage: Vest Markets: no order-book sample; BingX: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVest Markets—————
SELL · SHORTBingX7.0636.4 bp−$36114.0 bp−$1,140567.4 bp−$56.7K991.8 bp−$495.9K
Closing costs about the same again.
Vest Markets: no data.