Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 53.170 | −0.0050 | get 0.0050% / 8h | 1h 08m | $996K | $1.3M | — | Long BingX | |
| SHORT | 53.110 | 0 | 0.0000% / 8h | 1h 08m | $950 | $136K | 10x | Short SunX≤10% back |
Price gap−0.113%
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 0.141% under its 7d average: −$14 if it goes back, about 9.4 days of funding. At the last 7 days' pace that is about 3.7 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$27+0.0050% /8h now · paid +0.267% over the last 7D
Price−$14spread −0.113% now, avg +0.029% → −0.141% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$13+0.13%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
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−0.113%
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
/8hSOXS on 20 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage— + $1,000BingX —, SunX 10x. 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 BingX: 3 payments, +$1.50; short SunX: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.113% vs +0.029%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$950 vs $996K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · SunX NoAdvanced 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+0.0127%/8h × 21 periods+$26.72
Price spread−0.113% → +0.029% (7d avg)−$14.15
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee BingX bp × 2 orders−$10.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: BingX: live order book, 5 min ago; SunX: live order book, 18 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.945.9 bp−$68.1 bp−$8135.8 bp−$3,583136.0 bp−$68.0K
SELL · SHORTSunX900.55doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
SOXS news
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