Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 332.74 | 0 | 0.0000% / 8h | 2h 29m | $651K | $641K | 25x | Long Binance | |
| SHORT | 333.07 | +0.0050 | get 0.0050% / 8h | 2h 29m | $989K | $1.2M | — | Short BingX |
Price gap+0.099%
Funding gap+0.0050% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.086% above its 7d average: +$9 more if it goes back.
Funding on this pair cost 0.084% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8+0.0050% /8h now · paid −0.084% over the last 7D
Price+$9spread +0.099% now, avg +0.013% → +0.086% if it goes back
Costs−$1501.500% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.099%
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
/8hSNOW on 10 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size34.8 / 42.8 bpAt $10k entering BingX costs 42.8 bp, fee and slippage, 1.2× Binance’s.
- Note: Margin at max leverage$400 + —Binance 25x, BingX —. 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 Binance: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
- OK: Entry gap works for you+0.099% vs +0.013%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$651K vs $989K OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · BingX YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0040%/8h × 21 periods−$8.44
Price spread+0.099% → +0.013% (7d avg)+$8.61
Slippage, 4 orderslive order books−$131.99
Fee Binance bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$149.81
Costs to cover1.500%Break-evennever at this rate
Slippage: Binance: live order book, 72 min ago; BingX: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance4.5434.8 bp−$35144.5 bp−$1,445doesn’t fitdoesn’t fit
SELL · SHORTBingX10.0842.8 bp−$43116.3 bp−$1,163314.0 bp−$31.4K777.3 bp−$388.7K
Closing costs about the same again.
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