Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 8.8700 | +0.0928 | pay 0.0928% / 8h | 3h 04m | $998K | $1.2M | — | Long BingX | |
| SHORT | 8.8680 | +0.0925 | get 0.0925% / 8h | 3h 04m | $533K | $207K | 20x | Short Bitget |
Price gap−0.023%
Funding gap−0.0003% /8h
Funding is ≈ 0, so this is a price-spread trade: +$6 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$11−0.0003% /8h now · paid −0.106% over the last 7D
Price+$6spread −0.023% now, avg −0.082% → +0.059% if it goes back
Costs−$1361.363% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.023%
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
/8hTSLL on 8 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size30.7 / 30.1 bpAt $10k entering BingX costs 30.7 bp, fee and slippage, 1.0× Bitget’s.
- Note: Margin at max leverage— + $500BingX —, Bitget 20x. 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: −$0.09Long BingX: 3 payments, −$27.84; short Bitget: 3 payments, +$27.75.
- OK: Entry gap works for you−0.023% vs −0.082%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$533K vs $998K OIBitget sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Bitget 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−0.0050%/8h × 21 periods−$10.56
Price spread−0.023% → −0.082% (7d avg)+$5.91
Slippage, 4 orderslive order books−$114.31
Fee BingX bp × 2 orders−$10.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$140.95
Costs to cover1.363%Break-evennever at this rate
Slippage: BingX: live order book, 2 min ago; Bitget: live order book, 41 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX16.9230.7 bp−$3182.6 bp−$826190.1 bp−$19.0K606.9 bp−$303.4K
SELL · SHORTBitget10.8130.1 bp−$3069.5 bp−$695doesn’t fitdoesn’t fit
Closing costs about the same again.