Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 148.81 | +0.0050 | pay 0.0050% / 8h | 2h 31m | $925K | $1.3M | — | Long BingX | |
| SHORT | 148.87 | +0.0192 | get 0.0024% / 1h | 31m 47s | $401K | $5K | 10x | Short Extended10% off |
Price gap+0.043%
Funding gap+0.0142% /8h
Funding trade: +$4 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$29+0.0142% /8h now · paid +0.294% over the last 7D
Price+$1spread +0.043% now, avg +0.031% → +0.012% if it goes back
Costs−$1041.036% of $10k · taker + slippage, in and out
Result−$73−0.73%+ Points / potential airdropExtended: 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+0.043%
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
/8hSHOP on 10 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size30.8 / 24.6 bpAt $10k entering BingX costs 30.8 bp, fee and slippage, 1.2× Extended’s.
- Note: Margin at max leverage— + $1,000BingX —, Extended 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: +$4.26Long BingX: 3 payments, −$1.50; short Extended: 24 payments, +$5.76.
- Note: Gap at its usual level+0.043% vs +0.031%The price leg adds little either way.
- Watch: Short leg is thinner$401K vs $925K OIExtended sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · Extended 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+0.0140%/8h × 21 periods+$29.44
Price spread+0.043% → +0.031% (7d avg)+$1.24
Slippage, 4 orderslive order books−$88.64
Fee BingX bp × 2 orders−$10.00
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k−$72.97
Costs to cover1.036%Break-even24.3 days
Slippage: BingX: live order book, 6 min ago; Extended: live order book, 34 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX12.7730.8 bp−$3190.6 bp−$906289.4 bp−$28.9K824.5 bp−$412.3K
SELL · SHORTExtended22.1324.6 bp−$25doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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