Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 282.24 | 0 | 0.0000% / 8h | 2h 32m | $326K | $279K | 25x | Long Binance | |
| SHORT | 281.97 | +0.0050 | get 0.0050% / 8h | 2h 32m | $910K | $1.2M | — | Short BingX |
Price gap−0.096%
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 0.094% under its 7d average: −$9 if it goes back, about 6.3 days of funding. At the last 7 days' pace that is about 2.7 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$25+0.0050% /8h now · paid +0.248% over the last 7D
Price−$9spread −0.096% now, avg −0.001% → −0.094% if it goes back
Costs−$1011.011% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.096%
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
/8hTXN on 9 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size32.9 / 12.8 bpAt $10k entering Binance costs 32.9 bp, fee and slippage, 2.6× BingX’s.
- Note: Margin at max leverage$400 + —Binance 25x, 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: +$1.50Long Binance: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
- Watch: Gap narrower than usual−0.096% vs −0.001%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$326K vs $910K OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · BingX YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0118%/8h × 21 periods+$24.83
Price spread−0.096% → −0.001% (7d avg)−$9.41
Slippage, 4 orderslive order books−$83.06
Fee Binance bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$85.63
Costs to cover1.011%Break-even31.1 days
Slippage: Binance: live order book, 68 min ago; BingX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance6.4532.9 bp−$33128.2 bp−$1,282doesn’t fitdoesn’t fit
SELL · SHORTBingX0.1812.8 bp−$1389.1 bp−$891314.1 bp−$31.4K883.2 bp−$441.6K
Closing costs about the same again.
Avantis