Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 69.500 | +0.0086 | pay 0.0086% / 8h | 7h 39m | $967K | $741K | — | Long BingX | |
| SHORT | 69.290 | 0 | 0.0000% / 8h | 7h 39m | $162K | $185K | 20x | Short Gate |
Price gap−0.302%
Funding gap−0.0086% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.153% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$20−0.0086% /8h now · paid −0.200% over the last 7D
Price−$15spread −0.302% now, avg −0.150% → −0.153% if it goes back
Costs−$2612.606% of $10k · taker + slippage, in and out
Result−$296−2.96%no points
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−0.302%
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
/8hTEM on 11 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size28.3 / 104.0 bpAt $10k entering Gate costs 104.0 bp, fee and slippage, 3.7× BingX’s.
- Note: Margin at max leverage— + $500BingX —, Gate 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: −$2.58Long BingX: 3 payments, −$2.58; short Gate: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.302% vs −0.150%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$162K vs $967K OIGate sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Gate 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−0.0095%/8h × 21 periods−$20.04
Price spread−0.302% → −0.150% (7d avg)−$15.26
Slippage, 4 orderslive order books−$235.59
Fee BingX bp × 2 orders−$10.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$295.88
Costs to cover2.606%Break-evennever at this rate
Slippage: BingX: live order book, 32 min ago; Gate: live order book, 35 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX6.7228.3 bp−$28130.5 bp−$1,305759.4 bp−$75.9K1235.2 bp−$617.6K
SELL · SHORTGate36.37104.0 bp−$104doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
KuCoin
OKX