Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 293.07 | −0.1396 | get 0.1396% / 8h | 2h 32m | $999K | $1.2M | — | Long BingX | |
| SHORT | 292.02 | 0 | 0.0000% / 8h | 2h 32m | $1.4M | $118K | 20x | Short Bitget |
Price gap−0.358%
Funding gap+0.1396% /8h
Funding pays +$42 a day on $10k, but the gap is 0.133% under its 7d average: −$13 if it goes back, about 8 hours of funding. At the last 7 days' pace that is about 23 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$99+0.1396% /8h now · paid +0.989% over the last 7D
Price−$13spread −0.358% now, avg −0.226% → −0.133% if it goes back
Costs−$4814.811% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.358%
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
/8hTWLO on 6 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size138.9 / 59.2 bpAt $10k entering BingX costs 138.9 bp, fee and slippage, 2.3× 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: +$41.88Long BingX: 3 payments, +$41.88; short Bitget: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.358% vs −0.226%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$999K vs $1.4M OIBingX 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+0.0471%/8h × 21 periods+$98.88
Price spread−0.358% → −0.226% (7d avg)−$13.27
Slippage, 4 orderslive order books−$459.13
Fee BingX bp × 2 orders−$10.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$395.52
Costs to cover4.811%Break-even35.0 days
Slippage: BingX: live order book, 2 min ago; Bitget: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX29.74138.9 bp−$139368.2 bp−$3,682535.6 bp−$53.6K869.4 bp−$434.7K
SELL · SHORTBitget6.1759.2 bp−$5966.3 bp−$663doesn’t fitdoesn’t fit
Closing costs about the same again.