Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 78.498 | +0.0292 | pay 0.0036% / 1h | 15m 45s | $1.3M | $673K | 20x | Long tradeXYZ | |
| SHORT | 78.610 | +0.0785 | get 0.0785% / 8h | 4h 15m | $287K | $1.4M | — | Short BingX |
Price gap+0.143%
Funding gap+0.0493% /8h
Funding pays +$15 a day on $10k, but the gap is 0.779% under its 7d average: −$78 if it goes back, about 5.3 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$60+0.0493% /8h now · paid +0.599% over the last 7D
Price−$78spread +0.143% now, avg +0.922% → −0.779% if it goes back
Costs−$690.692% of $10k · taker + slippage, in and out
Result−$87−0.87%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.143%
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
/8hTLT on 10 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size20.8 / 16.8 bpAt $10k entering tradeXYZ costs 20.8 bp, fee and slippage, 1.2× BingX’s.
- Note: Margin at max leverage$500 + —tradeXYZ 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$14.80Long tradeXYZ: 24 payments, −$8.75; short BingX: 3 payments, +$23.55.
- Watch: Gap narrower than usual+0.143% vs +0.922%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$287K vs $1.3M OIBingX sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCtradeXYZ No · BingX 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+0.0285%/8h × 21 periods+$59.87
Price spread+0.143% → +0.922% (7d avg)−$77.94
Slippage, 4 orderslive order books−$57.44
Fee tradeXYZ bp × 2 orders−$1.80
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$87.30
Costs to cover0.692%Break-even17.2 days
Slippage: tradeXYZ: live order book, 5 min ago; BingX: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ11.9120.8 bp−$2134.5 bp−$345doesn’t fitdoesn’t fit
SELL · SHORTBingX8.2716.8 bp−$1748.8 bp−$488doesn’t fitdoesn’t fit
Closing costs about the same again.
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