Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 404.34 | 0 | 0.0000% / 8h | 2h 32m | $521K | $797K | 25x | Long Binance | |
| SHORT | 404.11 | +0.0050 | get 0.0050% / 8h | 2h 32m | $987K | $1.2M | — | Short BingX |
Price gap−0.056%
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 0.063% under its 7d average: −$6 if it goes back, about 4.2 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$17+0.0050% /8h now · paid +0.170% over the last 7D
Price−$6spread −0.056% now, avg +0.007% → −0.063% if it goes back
Costs−$1591.589% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.056%
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
/8hTER on 12 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size45.3 / 34.3 bpAt $10k entering Binance costs 45.3 bp, fee and slippage, 1.3× BingX’s.
- Note: Margin at max leverage$400 + —Binance 25x, 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: +$1.50Long Binance: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
- Watch: Gap narrower than usual−0.056% vs +0.007%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$521K vs $987K OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · BingX YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0081%/8h × 21 periods+$16.99
Price spread−0.056% → +0.007% (7d avg)−$6.31
Slippage, 4 orderslive order books−$140.91
Fee Binance bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$148.23
Costs to cover1.589%Break-even68.1 days
Slippage: Binance: live order book, 69 min ago; BingX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance9.0445.3 bp−$45136.9 bp−$1,369doesn’t fitdoesn’t fit
SELL · SHORTBingX19.3134.3 bp−$3493.1 bp−$931223.2 bp−$22.3K694.9 bp−$347.4K
Closing costs about the same again.
Avantis