Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,314.4 | +0.0108 | pay 0.0054% / 4h | 4m 38s | $912K | $1.9M | — | Long BingX | |
| SHORT | 1,314.7 | +0.0100 | get 0.0013% / 1h | 4m 38s | $90K | $174K | 10x | Short Pacifica10% back |
Price gap+0.018%
Funding gap−0.0008% /8h
Funding is ≈ 0, so this is a price-spread trade: +$3 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$42−0.0008% /8h now · paid −0.421% over the last 7D
Price+$3spread +0.018% now, avg −0.014% → +0.032% if it goes back
Costs−$270.265% of $10k · taker + slippage, in and out
Result−$65−0.65%+ Points / potential airdropPacifica: 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+0.018%
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
/8hSKHYNIX on 26 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Large against open interest5.6 / 10.0 bp$10k is over 10% of Pacifica’s open interest.
- Note: Margin at max leverage— + $1,000BingX —, Pacifica 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.24Long BingX: 6 payments, −$3.24; short Pacifica: 24 payments, +$3.00.
- OK: Entry gap works for you+0.018% vs −0.014%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$90K vs $912K OIPacifica sets your exit cost. Check its book before closing.
- OK: Points on a legPacifica pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · Pacifica 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−0.0201%/8h × 21 periods−$42.14
Price spread+0.018% → −0.014% (7d avg)+$3.20
Slippage, 4 orderslive order books−$8.51
Fee BingX bp × 2 orders−$10.00
Fee Pacifica bp × 2 orders−$8.00
Net · 7 days · $10k−$65.45
Costs to cover0.265%Break-evennever at this rate
Slippage: BingX: live order book, 7 min ago; Pacifica: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.045.6 bp−$68.2 bp−$8212.1 bp−$1,20725.0 bp−$12.5K
SELL · SHORTPacifica0.3810.0 bp−$1019.3 bp−$193doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 11:07 | RISEx | Points | Micron reports after the US close on September 30. The entire memory trades will take its cue from that print. For the next two weeks, these three get a 20% boost on points: $MU $SKHYNIX $NVDA Trade Memory Week on RISEx @risextrade on X ↗ |
| 09-28 19:52 | gTrade (Gains Network) | Listing | SKHYNIX/USD no longer reported ($SKHYNIX) seen by our collector |
| 09-28 14:46 | RISEx | Other | This week on RISEx Market Desk: Macro: A third central bank joins the hiking cycle, and Friday delivers the first jobs report since the Fed’s pivot Crypto: Solana’s biggest upgrade yet goes live, NEAR ETF clears key hurdles, and Zcash pulls off a 3-for-1 split. Equities: One trade, three tickers - Micron ($MU) reports after the close, with potential spillover to $SKHYNIX, $DRAM, and $SNDK Watching Friday closely. Trade well @risextrade on X ↗ |
| 09-25 19:30 | Vest Markets | Other | Heading into the close, Korean chip names are extending their advance, with $EWY up around 2.5% today. SK Hynix and Samsung Electronics, which make up nearly half the fund, are extending gains on AI memory demand. The fund is up around 135% over the past year and about 14% below its June high. @VestExchange on X ↗ |
| 09-24 11:42 | RISEx | Other | Happy Trading $NVDA: $SKHYNIX: @risextrade on X ↗ |
| 09-24 11:42 | RISEx | Other | $NVDA at 20x for compute. $SKHYNIX at 10x for the memory Your AI thesis has more legs now, and 24/7 too on RISEx @risextrade on X ↗ |
RISEx
gTrade (Gains Network)
Vest Markets