Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 149.10 | +0.0192 | pay 0.0024% / 1h | 3m 12s | $401K | $5K | 10x | Long Extended10% off | |
| SHORT | 149.22 | +0.0050 | get 0.0050% / 8h | 3h 03m | $925K | $1.3M | — | Short BingX |
Price gap+0.082%
Funding gap−0.0142% /8h
The gap pays +$11 on $10k if it goes back to its 7d average, but funding costs $4 a day and eats that in about 2.6 days.
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+$11spread +0.082% now, avg −0.031% → +0.112% if it goes back
Costs−$1191.188% of $10k · taker + slippage, in and out
Result−$137−1.37%+ 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+0.082%
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
2 ok · 4 to watch- Watch: Thin at this size24.6 / 40.6 bpAt $10k entering BingX costs 40.6 bp, fee and slippage, 1.6× Extended’s.
- Note: Margin at max leverage$1,000 + —Extended 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: −$4.26Long Extended: 24 payments, −$5.76; short BingX: 3 payments, +$1.50.
- OK: Entry gap works for you+0.082% vs −0.031%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long 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: KYCExtended 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−0.0140%/8h × 21 periods−$29.44
Price spread+0.082% → −0.031% (7d avg)+$11.23
Slippage, 4 orderslive order books−$103.79
Fee Extended bp × 2 orders−$5.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$137.00
Costs to cover1.188%Break-evennever at this rate
Slippage: Extended: live order book, 2 min ago; BingX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGExtended22.1324.6 bp−$25doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX12.4040.6 bp−$41127.3 bp−$1,273264.5 bp−$26.4K764.4 bp−$382.2K
Closing costs about the same again.
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