Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 36.330 | 0 | 0.0000% / 8h | 3h 58m | $138K | $382K | 5x | Long Bitget | |
| SHORT | 36.233 | +0.0050 | get 0.0006% / 1h | 58m 43s | $899K | $302K | 10x | Short tradeXYZ |
Price gap−0.267%
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 0.110% under its 7d average: −$11 if it goes back, about 7.4 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$5+0.0050% /8h now · paid −0.048% over the last 7D
Price−$11spread −0.267% now, avg −0.157% → −0.110% if it goes back
Costs−$1341.340% of $10k · taker + slippage, in and out
Result−$150−1.50%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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−0.267%
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
/8hQNT on 8 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size39.3 / 31.0 bpAt $10k entering Bitget costs 39.3 bp, fee and slippage, 1.3× tradeXYZ’s.
- Note: Margin at max leverage$2,000 + $1,000Bitget 5x, tradeXYZ 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: +$1.50Long Bitget: 3 payments, $0.00; short tradeXYZ: 24 payments, +$1.50.
- Watch: Gap narrower than usual−0.267% vs −0.157%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$138K vs $899K OIBitget sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCBitget Yes · tradeXYZ NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0023%/8h × 21 periods−$4.84
Price spread−0.267% → −0.157% (7d avg)−$11.03
Slippage, 4 orderslive order books−$120.15
Fee Bitget bp × 2 orders−$12.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$149.83
Costs to cover1.340%Break-evennever at this rate
Slippage: Bitget: live order book, 60 min ago; tradeXYZ: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget11.3039.3 bp−$3981.6 bp−$816doesn’t fitdoesn’t fit
SELL · SHORTtradeXYZ13.2331.0 bp−$3196.5 bp−$965doesn’t fitdoesn’t fit
Closing costs about the same again.
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