Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 20.500 | +0.2500 | pay 0.2500% / 8h | 5h 00m | $946K | $720K | — | Long BingX | |
| SHORT | 20.550 | +0.1649 | get 0.1649% / 8h | 5h 00m | $566K | $967K | 25x | Short Bybit |
Price gap+0.244%
Funding gap−0.0851% /8h
The gap pays +$18 on $10k if it goes back to its 7d average, but funding costs $26 a day and eats that in about 17 hours. At the last 7 days' pace that is about 6.3 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$20−0.0851% /8h now · paid −0.202% over the last 7D
Price+$18spread +0.244% now, avg +0.062% → +0.182% if it goes back
Costs−$3163.161% of $10k · taker + slippage, in and out
Result−$318−3.18%no points
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.202% in total, about −0.0096%/8h on average.
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+0.244%
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
/8hSHAZ on 13 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size39.7 / 111.0 bpAt $10k entering Bybit costs 111.0 bp, fee and slippage, 2.8× BingX’s.
- Note: Margin at max leverage— + $400BingX —, Bybit 25x. 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: −$25.52Long BingX: 3 payments, −$75.00; short Bybit: 3 payments, +$49.48.
- OK: Entry gap works for you+0.244% vs +0.062%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$566K vs $946K OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Bybit 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−0.0096%/8h × 21 periods−$20.24
Price spread+0.244% → +0.062% (7d avg)+$18.20
Slippage, 4 orderslive order books−$295.14
Fee BingX bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$318.18
Costs to cover3.161%Break-evennever at this rate
Slippage: BingX: live order book, 6 min ago; Bybit: live order book, 23 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX2.4339.7 bp−$40110.1 bp−$1,101231.1 bp−$23.1K851.9 bp−$426.0K
SELL · SHORTBybit14.60111.0 bp−$111doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
SHAZ news
posts that mention SHAZ, from every exchange| 11-03 01:05 | edgeX | Listing | SHAZUSDC no longer reported ($SHAZ) seen by our collector |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market SHAZ/USD ($SHAZ) seen by our collector |
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