Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 191.07 | +0.0549 | pay 0.0549% / 8h | 4h 54m | $74K | $699K | 20x | Long Bitget | |
| SHORT | 191.90 | +0.0557 | get 0.0557% / 8h | 4h 54m | $291K | $1.2M | — | Short BingX |
Price gap+0.434%
Funding gap+0.0008% /8h
Funding is ≈ 0, so this is a price-spread trade: +$19 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−$26+0.0008% /8h now · paid −0.259% over the last 3 days (all we have)
Price+$19spread +0.434% now, avg +0.242% → +0.193% if it goes back
Costs−$2302.301% of $10k · taker + slippage, in and out
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+0.434%
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
/8hTWST on 8 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size24.6 / 93.8 bpAt $10k entering BingX costs 93.8 bp, fee and slippage, 3.8× Bitget’s.
- Note: Margin at max leverage$500 + —Bitget 20x, BingX —. 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: +$0.24Long Bitget: 3 payments, −$16.47; short BingX: 3 payments, +$16.71.
- OK: Entry gap works for you+0.434% vs +0.242%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$74K vs $291K OIBitget sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · BingX YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0309%/8h × 21 periods−$64.94
Price spread+0.434% → +0.242% (7d avg)+$19.28
Slippage, 4 orderslive order books−$208.13
Fee Bitget bp × 2 orders−$12.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$275.78
Costs to cover2.301%Break-evennever at this rate
Slippage: Bitget: live order book, 64 min ago; BingX: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget14.3924.6 bp−$2535.5 bp−$355doesn’t fitdoesn’t fit
SELL · SHORTBingX39.5993.8 bp−$94327.2 bp−$3,272doesn’t fitdoesn’t fit
Closing costs about the same again.
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