Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 6.9540 | +0.0050 | pay 0.0050% / 8h | 1h 43m | $937K | $1.2M | — | Long BingX | |
| SHORT | 6.9628 | −0.0781 | pay 0.0391% / 4h | 1h 43m | $14K | $164K | 10x | Short edgeX |
Price gap+0.127%100s
Funding gap−0.0831% /8h
The gap pays +$13 on $10k if it goes back to its 7d average, but funding costs $25 a day and eats that in about 13 hours.
The two prices were read 100 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$94−0.0831% /8h now · paid −0.945% over the last 7D
Price—spread +0.127%100s now · prices read too far apart to compare
Costs−$1101.097% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.127%
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
/8hSKDD on 10 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size23.7 / 27.4 bpAt $10k entering edgeX costs 27.4 bp, fee and slippage, 1.2× BingX’s.
- Note: Margin at max leverage— + $1,000BingX —, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$24.93Long BingX: 3 payments, −$1.50; short edgeX: 6 payments, −$23.43.
- Watch: Prices read 100 s apart+0.127% vs −0.008%Part of this gap may be the market moving.
- Watch: Short leg is thinner$14K vs $937K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · edgeX 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−0.0450%/8h × 21 periods−$94.49
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$90.73
Fee BingX bp × 2 orders−$10.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$204.22
price spread not counted: prices read too far apartCosts to cover1.097%Break-evennever at this rate
Slippage: BingX: live order book, 2 min ago; edgeX: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX4.3023.7 bp−$24166.3 bp−$1,663doesn’t fitdoesn’t fit
SELL · SHORTedgeX14.3227.4 bp−$27doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.

