Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 20.650 | +0.1666 | pay 0.1666% / 8h | 5h 06m | $565K | $949K | 25x | Long Bybit | |
| SHORT | 20.630 | +0.2460 | get 0.2460% / 8h | 5h 06m | $946K | $720K | — | Short BingX |
Price gap−0.097%
Funding gap+0.0794% /8h
Funding pays +$24 a day on $10k, but the gap is 0.035% under its 7d average: −$3 if it goes back, about 4 hours of funding. At the last 7 days' pace that is about 29 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$20+0.0794% /8h now · paid +0.202% over the last 7D
Price−$3spread −0.097% now, avg −0.062% → −0.035% if it goes back
Costs−$3043.038% of $10k · taker + slippage, in and out
Result−$287−2.87%no points
The current funding rate is far above 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−0.097%
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
1 ok · 4 to watch- Watch: Thin at this size131.7 / 31.4 bpAt $10k entering Bybit costs 131.7 bp, fee and slippage, 4.2× BingX’s.
- Note: Margin at max leverage$400 + —Bybit 25x, BingX —. 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: +$23.81Long Bybit: 3 payments, −$49.99; short BingX: 3 payments, +$73.80.
- Watch: Gap narrower than usual−0.097% vs −0.062%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$565K vs $946K OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · BingX YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0096%/8h × 21 periods+$20.24
Price spread−0.097% → −0.062% (7d avg)−$3.50
Slippage, 4 orderslive order books−$282.81
Fee Bybit bp × 2 orders−$11.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$287.06
Costs to cover3.038%Break-even106.3 days
Slippage: Bybit: live order book, 17 min ago; BingX: live order book, 69 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit14.60131.7 bp−$1327358.8 bp−$73.6Kdoesn’t fitdoesn’t fit
SELL · SHORTBingX2.4831.4 bp−$31102.0 bp−$1,020240.6 bp−$24.1K775.3 bp−$387.7K
Closing costs about the same again.
SHAZ news
posts that mention SHAZ, from every exchange| 11-03 01:05 | edgeX | Listing | SHAZUSDC no longer reported ($SHAZ) seen by our collector |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market SHAZ/USD ($SHAZ) seen by our collector |
edgeX
gTrade (Gains Network)