Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 23.900 | 0 | 0.0000% / 8h | 2h 29m | $372K | $242K | 20x | Long Binance | |
| SHORT | 23.910 | +0.0050 | get 0.0050% / 8h | 2h 29m | $959K | $1.2M | — | Short BingX |
Price gap+0.042%
Funding gap+0.0050% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.028% above its 7d average: +$3 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$22+0.0050% /8h now · paid +0.221% over the last 7D
Price+$3spread +0.042% now, avg +0.014% → +0.028% if it goes back
Costs−$1921.919% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.042%
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
/8hSONY on 9 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size44.2 / 51.3 bpAt $10k entering BingX costs 51.3 bp, fee and slippage, 1.2× Binance’s.
- Note: Margin at max leverage$500 + —Binance 20x, 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+0.042% vs +0.014%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$372K vs $959K 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+0.0105%/8h × 21 periods+$22.09
Price spread+0.042% → +0.014% (7d avg)+$2.80
Slippage, 4 orderslive order books−$173.92
Fee Binance bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$167.03
Costs to cover1.919%Break-even59.9 days
Slippage: Binance: live order book, 71 min ago; BingX: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance6.3044.2 bp−$44150.9 bp−$1,509doesn’t fitdoesn’t fit
SELL · SHORTBingX20.9151.3 bp−$51116.0 bp−$1,160389.0 bp−$38.9K1032.9 bp−$516.4K
Closing costs about the same again.
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