Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 40.950 | +0.0337 | pay 0.0042% / 1h | 16m 04s | $297K | $19K | 10x | Long Paragon | |
| SHORT | 41.050 | +0.0321 | get 0.0321% / 8h | 7h 16m | $998K | $1.2M | — | Short BingX |
Price gap+0.244%50s
Funding gap−0.0016% /8h
The gap pays +$18 on $10k if it goes back to its 7d average, but funding costs $0 a day and eats that in about 38 days. At the last 7 days' pace that is about 3.1 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$40−0.0016% /8h now · paid −0.405% over the last 7D
Price—spread +0.244%50s now · prices read too far apart to compare
Costs−$780.775% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
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+0.244%
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
/8hSMCI on 19 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size29.8 / 11.3 bpAt $10k entering Paragon costs 29.8 bp, fee and slippage, 2.6× BingX’s.
- Note: Margin at max leverage$1,000 + —Paragon 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: −$0.47Long Paragon: 24 payments, −$10.10; short BingX: 3 payments, +$9.63.
- Watch: Prices read 50 s apart+0.244% vs +0.064%Part of this gap may be the market moving.
- Watch: Long leg is thinner$297K vs $998K OIParagon sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCParagon 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−0.0193%/8h × 21 periods−$40.50
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$65.73
Fee Paragon bp × 2 orders−$1.80
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$118.03
price spread not counted: prices read too far apartCosts to cover0.775%Break-evennever at this rate
Slippage: Paragon: live order book, 56 min ago; BingX: live order book, 13 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGParagon28.7829.8 bp−$3091.4 bp−$914doesn’t fitdoesn’t fit
SELL · SHORTBingX1.2211.3 bp−$1128.4 bp−$284230.2 bp−$23.0K1058.0 bp−$529.0K
Closing costs about the same again.
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