Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 146.02 | +0.0313 | pay 0.0313% / 8h | 4h 04m | $960K | $1.3M | — | Long BingX | |
| SHORT | 145.93 | −0.0445 | pay 0.0222% / 4h | 4m 12s | $40K | $210K | 10x | Short edgeX |
Price gap−0.060%70s
Funding gap−0.0758% /8h
Both sides work against this direction now: funding costs $23 a day on $10k and the gap is 0.051% under its 7d average. Swap the legs.
The two prices were read 70 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$101−0.0758% /8h now · paid −1.009% over the last 7D
Price—spread −0.060%70s now · prices read too far apart to compare
Costs−$870.868% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.060%
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
/8hRDDT on 14 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size11.3 / 31.7 bpAt $10k entering edgeX costs 31.7 bp, fee and slippage, 2.8× BingX’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: −$22.74Long BingX: 3 payments, −$9.39; short edgeX: 6 payments, −$13.35.
- Watch: Prices read 70 s apart−0.060% vs −0.010%Part of this gap may be the market moving.
- Watch: Short leg is thinner$40K vs $960K 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−0.0480%/8h × 21 periods−$100.88
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$67.84
Fee BingX bp × 2 orders−$10.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$187.72
price spread not counted: prices read too far apartCosts to cover0.868%Break-evennever at this rate
Slippage: BingX: live order book, 3 min ago; edgeX: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX3.0811.3 bp−$1122.2 bp−$222232.9 bp−$23.3K816.5 bp−$408.2K
SELL · SHORTedgeX12.3531.7 bp−$32doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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