Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 403.49 | +0.0050 | pay 0.0050% / 8h | 3h 03m | $987K | $1.2M | — | Long BingX | |
| SHORT | 403.50 | 0 | 0.0000% / 8h | 3h 03m | $519K | $832K | 25x | Short Binance |
Price gap+0.002%
Funding gap−0.0050% /8h
Funding costs $2 a day on $10k at the current rate. Swap the legs.
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+$1spread +0.002% now, avg −0.007% → +0.009% if it goes back
Costs−$1601.596% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.002%
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 · 3 to watch- Watch: Thin at this size50.7 / 30.0 bpAt $10k entering BingX costs 50.7 bp, fee and slippage, 1.7× Binance’s.
- Note: Margin at max leverage— + $400BingX —, Binance 25x. 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 Binance: 3 payments, $0.00.
- Note: Gap at its usual level+0.002% vs −0.007%The price leg adds little either way.
- Watch: Short leg is thinner$519K vs $987K OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Binance 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−0.0081%/8h × 21 periods−$16.99
Price spread+0.002% → −0.007% (7d avg)+$0.87
Slippage, 4 orderslive order books−$141.62
Fee BingX bp × 2 orders−$10.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$175.74
Costs to cover1.596%Break-evennever at this rate
Slippage: BingX: live order book, 2 min ago; Binance: live order book, 37 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX15.3750.7 bp−$51120.8 bp−$1,208260.3 bp−$26.0K683.1 bp−$341.6K
SELL · SHORTBinance9.0430.0 bp−$30121.0 bp−$1,210doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis