Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 15.150 | +0.0050 | pay 0.0050% / 8h | 3h 01m | $929K | $1.2M | — | Long BingX | |
| SHORT | 15.135 | +0.0050 | get 0.0006% / 1h | 1m 57s | $525K | $241K | 10x | Short tradeXYZ |
Price gap−0.099%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.051% under its 7d average: the price leg works against you, −$5 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$220.0000% /8h now · paid −0.224% over the last 7D
Price−$5spread −0.099% now, avg −0.048% → −0.051% if it goes back
Costs−$1281.278% of $10k · taker + slippage, in and out
Result−$155−1.55%+ Points / potential airdroptradeXYZ: points · farm boardWhat 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−0.099%
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
/8hRIVN on 13 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size46.1 / 17.6 bpAt $10k entering BingX costs 46.1 bp, fee and slippage, 2.6× tradeXYZ’s.
- Note: Margin at max leverage— + $1,000BingX —, 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: $0.00Long BingX: 3 payments, −$1.50; short tradeXYZ: 24 payments, +$1.50.
- Watch: Gap narrower than usual−0.099% vs −0.048%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$525K vs $929K OItradeXYZ sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · tradeXYZ 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−0.0106%/8h × 21 periods−$22.35
Price spread−0.099% → −0.048% (7d avg)−$5.05
Slippage, 4 orderslive order books−$116.00
Fee BingX bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$155.20
Costs to cover1.278%Break-evennever at this rate
Slippage: BingX: live order book, 4 min ago; tradeXYZ: live order book, 58 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX19.8446.1 bp−$46118.2 bp−$1,182196.4 bp−$19.6K620.1 bp−$310.0K
SELL · SHORTtradeXYZ7.0017.6 bp−$1855.6 bp−$556doesn’t fitdoesn’t fit
Closing costs about the same again.

