Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 176.95 | −0.0157 | get 0.0157% / 8h | 3h 04m | $282K | $1.2M | — | Long BingX | |
| SHORT | 176.16 | 0 | 0.0000% / 8h | 3h 04m | $221K | $168K | 20x | Short Bitget |
Price gap−0.446%
Funding gap+0.0157% /8h
Both sides work: funding pays +$5 a day on $10k, and the gap is 0.124% above its 7d average: +$12 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$18+0.0157% /8h now · paid +0.180% over the last 7D
Price+$12spread −0.446% now, avg −0.570% → +0.124% if it goes back
Costs−$2022.018% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.446%
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
/8hTEAM on 11 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size63.5 / 43.3 bpAt $10k entering BingX costs 63.5 bp, fee and slippage, 1.5× Bitget’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: +$4.71Long BingX: 3 payments, +$4.71; short Bitget: 3 payments, $0.00.
- OK: Entry gap works for you−0.446% vs −0.570%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$221K vs $282K 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+0.0086%/8h × 21 periods+$18.03
Price spread−0.446% → −0.570% (7d avg)+$12.37
Slippage, 4 orderslive order books−$179.84
Fee BingX bp × 2 orders−$10.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$171.44
Costs to cover2.018%Break-even73.6 days
Slippage: BingX: live order book, 2 min ago; Bitget: live order book, 38 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX32.2763.5 bp−$64168.4 bp−$1,684366.4 bp−$36.6K889.7 bp−$444.9K
SELL · SHORTBitget35.4543.3 bp−$4372.5 bp−$725doesn’t fitdoesn’t fit
Closing costs about the same again.
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