Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 12.360 | +0.0050 | pay 0.0050% / 8h | 5h 30m | $961K | $1.7M | — | Long BingX | |
| SHORT | 12.346 | +0.0384 | get 0.0048% / 1h | 30m 09s | $100K | $15K | 10x | Short Extended10% off |
Price gap−0.114%
Funding gap+0.0334% /8h
Both sides work: funding pays +$10 a day on $10k, and the gap is 0.055% above its 7d average: +$5 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$9+0.0334% /8h now · paid +0.094% over the last 7D
Price+$5spread −0.114% now, avg −0.169% → +0.055% if it goes back
Costs−$1981.978% of $10k · taker + slippage, in and out
Result−$183−1.83%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.094% in total, about +0.0045%/8h on average.
Price and funding
1h · historyEntry / ExitBingX: thin, under $1M open interest · Extended: thin, under $1M open interest
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−0.114%
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
/8hPURR on 9 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size44.4 / 61.1 bpAt $10k entering Extended costs 61.1 bp, fee and slippage, 1.4× BingX’s.
- Note: Margin at max leverage— + $1,000BingX —, Extended 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$10.02Long BingX: 3 payments, −$1.50; short Extended: 24 payments, +$11.52.
- OK: Entry gap works for you−0.114% vs −0.169%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$100K vs $961K OIExtended sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · Extended 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+0.0045%/8h × 21 periods+$9.38
Price spread−0.114% → −0.169% (7d avg)+$5.48
Slippage, 4 orderslive order books−$182.76
Fee BingX bp × 2 orders−$10.00
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k−$182.91
Costs to cover1.978%Break-even143.5 days
Slippage: BingX: live order book, 7 min ago; Extended: live order book, 60 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX12.1044.4 bp−$44134.5 bp−$1,345doesn’t fitdoesn’t fit
SELL · SHORTExtended10.5461.1 bp−$61doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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