Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 290.63 | +0.0050 | pay 0.0050% / 8h | 7h 42m | $949K | $1.2M | — | Long BingX | |
| SHORT | 290.51 | 0 | 0.0000% / 8h | 7h 42m | $63K | $127K | 20x | Short OKX |
Price gap−0.041%
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.035% 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−$4−0.0050% /8h now · paid −0.045% over the last 7D
Price−$3spread −0.041% now, avg −0.007% → −0.035% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$8−0.08%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
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−0.041%
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
/8hSIMO on 3 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size17.6 / 133.9 bpAt $10k entering OKX costs 133.9 bp, fee and slippage, 7.6× BingX’s.
- Note: Margin at max leverage— + $500BingX —, OKX 20x. 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: −$1.50Long BingX: 3 payments, −$1.50; short OKX: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.041% vs −0.007%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$63K vs $949K OIOKX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · OKX 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−0.0021%/8h × 21 periods−$4.46
Price spread−0.041% → −0.007% (7d avg)−$3.46
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee BingX bp × 2 orders−$10.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: BingX: live order book, 19 min ago; OKX: live order book, 41 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX10.5017.6 bp−$1825.8 bp−$258117.9 bp−$11.8K638.3 bp−$319.1K
SELL · SHORTOKX9.64133.9 bp−$134doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.