Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 15.083 | +0.0050 | pay 0.0006% / 1h | 28m 46s | $535K | $243K | 10x | Long tradeXYZ | |
| SHORT | 15.110 | +0.0050 | get 0.0050% / 8h | 2h 28m | $929K | $1.2M | — | Short BingX |
Price gap+0.179%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$13 on $10k if the gap goes back to its 7d average.
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+$13spread +0.179% now, avg +0.048% → +0.131% if it goes back
Costs−$920.924% of $10k · taker + slippage, in and out
Result−$57−0.57%+ 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+0.179%
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
2 ok · 4 to watch- Watch: Thin at this size15.3 / 34.9 bpAt $10k entering BingX costs 34.9 bp, fee and slippage, 2.3× tradeXYZ’s.
- Note: Margin at max leverage$1,000 + —tradeXYZ 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long tradeXYZ: 24 payments, −$1.50; short BingX: 3 payments, +$1.50.
- OK: Entry gap works for you+0.179% vs +0.048%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$535K 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: KYCtradeXYZ No · BingX 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+0.0106%/8h × 21 periods+$22.35
Price spread+0.179% → +0.048% (7d avg)+$13.05
Slippage, 4 orderslive order books−$80.55
Fee tradeXYZ bp × 2 orders−$1.80
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$56.95
Costs to cover0.924%Break-even24.8 days
Slippage: tradeXYZ: live order book, 21 min ago; BingX: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ3.9615.3 bp−$1533.8 bp−$338doesn’t fitdoesn’t fit
SELL · SHORTBingX13.2034.9 bp−$3587.5 bp−$875149.9 bp−$15.0K688.0 bp−$344.0K
Closing costs about the same again.