Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,242.2 | +0.0937 | pay 0.0117% / 1h | 16m 02s | $24K | $72K | 10x | Long Bullet | |
| SHORT | 1,242.2 | +0.0062 | get 0.0062% / 8h | 3h 16m | $948K | $3.4M | — | Short BingX |
Price gap−0.003%
Funding gap−0.0875% /8h
Funding costs $26 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$62−0.0875% /8h now · paid −0.618% over the last 7D
Price—spread −0.003% now · no price history on both exchanges yet
Costs−$150.148% of $10k · taker + slippage, in and out
Result—no pointsneeds both price histories
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−0.003%
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
/8hSNDK on 45 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Watch: Large against open interest2.3 / 5.0 bp$10k is over 10% of Bullet’s open interest.
- Note: Margin at max leverage$1,000 + —Bullet 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: −$26.26Long Bullet: 24 payments, −$28.12; short BingX: 3 payments, +$1.86.
- Note: No 7-day spread history−0.003%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$24K vs $948K OIBullet sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBullet 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−0.0294%/8h × 21 periods−$61.84
Price spread−0.003% → 0−$0.34
Slippage, 4 orderslive order books−$4.81
Fee Bullet bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$76.99
Costs to cover0.148%Break-evennever at this rate
Slippage: Bullet: live order book, 4 min ago; BingX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBullet0.812.3 bp−$217.7 bp−$177doesn’t fitdoesn’t fit
SELL · SHORTBingX0.045.0 bp−$56.1 bp−$6110.7 bp−$1,07535.4 bp−$17.7K
Closing costs about the same again.
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