Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 26.643 | −0.1039 | get 0.1039% / 8h | 4h 00m | $269K | $720K | 20x | Long Bitget | |
| SHORT | 26.650 | +0.0050 | get 0.0050% / 8h | 4h 00m | $959K | $740K | — | Short BingX |
Price gap+0.026%
Funding gap+0.1089% /8h
Funding pays +$33 a day on $10k, but the gap is 0.027% under its 7d average: −$3 if it goes back, about 2 hours of funding. At the last 7 days' pace that is about 25 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$18+0.1089% /8h now · paid +0.184% over the last 7D
Price−$3spread +0.026% now, avg +0.053% → −0.027% if it goes back
Costs−$1191.192% of $10k · taker + slippage, in and out
Result−$104−1.04%no points
The current funding rate is far above 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
Now+0.026%
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
1 ok · 4 to watch- Watch: Thin at this size43.2 / 26.7 bpAt $10k entering Bitget costs 43.2 bp, fee and slippage, 1.6× BingX’s.
- Note: Margin at max leverage$500 + —Bitget 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: +$32.67Long Bitget: 3 payments, +$31.17; short BingX: 3 payments, +$1.50.
- Watch: Gap narrower than usual+0.026% vs +0.053%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$269K vs $959K OIBitget sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · BingX YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0087%/8h × 21 periods+$18.36
Price spread+0.026% → +0.053% (7d avg)−$2.72
Slippage, 4 orderslive order books−$97.21
Fee Bitget bp × 2 orders−$12.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$103.57
Costs to cover1.192%Break-even46.5 days
Slippage: Bitget: live order book, 40 min ago; BingX: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget6.6943.2 bp−$43161.8 bp−$1,618doesn’t fitdoesn’t fit
SELL · SHORTBingX5.6426.7 bp−$2762.1 bp−$621494.5 bp−$49.5Kdoesn’t fit
Closing costs about the same again.
SONY news
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