Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 26.570 | +0.0050 | pay 0.0050% / 8h | 3h 52m | $959K | $737K | — | Long BingX | |
| SHORT | 26.570 | −0.1036 | pay 0.1036% / 8h | 3h 52m | $268K | $720K | 20x | Short Bitget |
Price gap0.000%
Funding gap−0.1086% /8h
The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $33 a day and eats that in about 4 hours. At the last 7 days' pace that is about 2.0 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$18−0.1086% /8h now · paid −0.184% over the last 7D
Price+$5spread 0.000% now, avg −0.053% → +0.053% if it goes back
Costs−$1191.192% of $10k · taker + slippage, in and out
Result−$132−1.32%no points
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.184% in total, about −0.0087%/8h on average.
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
Now0.000%
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 11 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size13.8 / 35.5 bpAt $10k entering Bitget costs 35.5 bp, fee and slippage, 2.6× BingX’s.
- Note: Margin at max leverage— + $500BingX —, Bitget 20x. 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: −$32.58Long BingX: 3 payments, −$1.50; short Bitget: 3 payments, −$31.08.
- OK: Entry gap works for you0.000% vs −0.053%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$268K vs $959K OIBitget sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Bitget 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−0.0087%/8h × 21 periods−$18.36
Price spread0.000% → −0.053% (7d avg)+$5.34
Slippage, 4 orderslive order books−$97.21
Fee BingX bp × 2 orders−$10.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$132.23
Costs to cover1.192%Break-evennever at this rate
Slippage: BingX: live order book, 20 min ago; Bitget: live order book, 47 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX5.6413.8 bp−$1433.3 bp−$333184.6 bp−$18.5K729.5 bp−$364.7K
SELL · SHORTBitget6.6935.5 bp−$3574.4 bp−$744doesn’t fitdoesn’t fit
Closing costs about the same again.
SONY news
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