Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 54.720 | +0.1252 | pay 0.1252% / 8h | 34m 57s | $946K | $1.2M | — | Long BingX | |
| SHORT | 54.672 | +0.0050 | get 0.0006% / 1h | 34m 57s | $694K | $181K | 10x | Short tradeXYZ |
Price gap−0.088%
Funding gap−0.1202% /8h
Both sides work against this direction now: funding costs $36 a day on $10k and the gap is 0.040% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$69−0.1202% /8h now · paid −0.694% over the last 7D
Price−$4spread −0.088% now, avg −0.048% → −0.040% if it goes back
Costs−$1531.528% of $10k · taker + slippage, in and out
Result−$226−2.26%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.694% in total, about −0.0330%/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−0.088%
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 12 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size39.1 / 42.0 bpAt $10k entering tradeXYZ costs 42.0 bp, fee and slippage, 1.1× BingX’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: −$36.06Long BingX: 3 payments, −$37.56; short tradeXYZ: 24 payments, +$1.50.
- Watch: Gap narrower than usual−0.088% 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$694K vs $946K 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−0.0330%/8h × 21 periods−$69.39
Price spread−0.088% → −0.048% (7d avg)−$3.95
Slippage, 4 orderslive order books−$140.98
Fee BingX bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$226.12
Costs to cover1.528%Break-evennever at this rate
Slippage: BingX: live order book, 8 min ago; tradeXYZ: live order book, 48 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX14.6139.1 bp−$3985.1 bp−$851501.7 bp−$50.2K965.3 bp−$482.6K
SELL · SHORTtradeXYZ2.5442.0 bp−$42130.7 bp−$1,307doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-28 19:52 | gTrade (Gains Network) | Listing | SHAZ/USD no longer reported ($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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