Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 153.76 | +0.0050 | pay 0.0050% / 8h | 7h 58m | $920K | $351K | — | Long BingX | |
| SHORT | 153.74 | 0 | 0.0000% / 8h | 7h 58m | $237K | $369K | 25x | Short Bybit |
Price gap−0.020%
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−$26−0.0050% /8h now · paid −0.264% over the last 7D
Price−$2spread −0.020% now, avg −0.002% → −0.017% if it goes back
Costs−$5025.022% of $10k · taker + slippage, in and out
Result−$530−5.30%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−0.020%
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
/8hTSEM on 9 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size121.0 / 168.3 bpAt $10k entering Bybit costs 168.3 bp, fee and slippage, 1.4× BingX’s.
- Note: Margin at max leverage— + $400BingX —, Bybit 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 Bybit: 3 payments, $0.00.
- Note: Gap at its usual level−0.020% vs −0.002%The price leg adds little either way.
- Watch: Short leg is thinner$237K vs $920K OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Bybit 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−0.0126%/8h × 21 periods−$26.36
Price spread−0.020% → −0.002% (7d avg)−$1.74
Slippage, 4 orderslive order books−$481.17
Fee BingX bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$530.26
Costs to cover5.022%Break-evennever at this rate
Slippage: BingX: live order book, 15 min ago; Bybit: live order book, 37 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX8.62121.0 bp−$121248.0 bp−$2,480421.2 bp−$42.1Kdoesn’t fit
SELL · SHORTBybit15.97168.3 bp−$168doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
TSEM news
posts that mention TSEM, from every exchange| 10-01 15:30 | Vest Markets | Other | Optical and foundry names are leading the tape, with $LITE up around 10% and $TSEM around 8%. $TSEM joined the PHLX Semiconductor Sector Index, while Bernstein started $LITE at Outperform with a $1,220 target. $LITE revenue more than doubled to $1.01B. Equipment names are also higher, with $AMAT up around 3%, $GLW around 3% and $CRDO around 5%. @VestExchange on X ↗ |
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