Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 68.660 | 0 | 0.0000% / 8h | 7h 45m | $160K | $185K | 20x | Long Gate | |
| SHORT | 68.880 | +0.0086 | get 0.0086% / 8h | 7h 45m | $967K | $742K | — | Short BingX |
Price gap+0.320%
Funding gap+0.0086% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.171% above its 7d average: +$17 more if it goes back.
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+$17spread +0.320% now, avg +0.150% → +0.171% if it goes back
Costs−$2612.606% of $10k · taker + slippage, in and out
Result−$223−2.23%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+0.320%
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
2 ok · 3 to watch- Watch: Thin at this size95.1 / 33.2 bpAt $10k entering Gate costs 95.1 bp, fee and slippage, 2.9× BingX’s.
- Note: Margin at max leverage$500 + —Gate 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: +$2.58Long Gate: 3 payments, $0.00; short BingX: 3 payments, +$2.58.
- OK: Entry gap works for you+0.320% vs +0.150%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$160K vs $967K OIGate sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · BingX YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0095%/8h × 21 periods+$20.04
Price spread+0.320% → +0.150% (7d avg)+$17.07
Slippage, 4 orderslive order books−$235.59
Fee Gate bp × 2 orders−$15.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$223.48
Costs to cover2.606%Break-even85.1 days
Slippage: Gate: live order book, 29 min ago; BingX: live order book, 26 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate36.3795.1 bp−$95doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX6.7233.2 bp−$33109.0 bp−$1,090462.4 bp−$46.2K885.1 bp−$442.5K
Closing costs about the same again.
KuCoin
OKX