Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 15.968 | +0.0050 | pay 0.0050% / 8h | 3h 02m | $991K | $1.2M | — | Long BingX | |
| SHORT | 16.003 | 0 | 0.0000% / 8h | 3h 02m | $201K | $154K | 20x | Short Bitget |
Price gap+0.219%
Funding gap−0.0050% /8h
The gap pays +$26 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 18 days. At the last 7 days' pace that is about 44 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$101−0.0050% /8h now · paid −1.009% over the last 7D
Price+$26spread +0.219% now, avg −0.046% → +0.265% if it goes back
Costs−$2592.592% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.219%
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
/8hRGTI on 6 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size57.1 / 86.2 bpAt $10k entering Bitget costs 86.2 bp, fee and slippage, 1.5× BingX’s.
- Note: Margin at max leverage— + $500BingX —, Bitget 20x. 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 BingX: 3 payments, −$1.50; short Bitget: 3 payments, $0.00.
- OK: Entry gap works for you+0.219% vs −0.046%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$201K vs $991K OIBitget sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Bitget 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−0.0481%/8h × 21 periods−$100.92
Price spread+0.219% → −0.046% (7d avg)+$26.50
Slippage, 4 orderslive order books−$237.17
Fee BingX bp × 2 orders−$10.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$333.60
Costs to cover2.592%Break-evennever at this rate
Slippage: BingX: live order book, 4 min ago; Bitget: live order book, 39 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX50.2457.1 bp−$5773.2 bp−$732163.8 bp−$16.4K723.7 bp−$361.8K
SELL · SHORTBitget39.3286.2 bp−$86109.3 bp−$1,093doesn’t fitdoesn’t fit
Closing costs about the same again.

