Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 282.00 | +0.0050 | pay 0.0050% / 8h | 3h 03m | $910K | $1.2M | — | Long BingX | |
| SHORT | 282.06 | 0 | 0.0000% / 8h | 3h 03m | $327K | $279K | 25x | Short Binance |
Price gap+0.021%
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−$25−0.0050% /8h now · paid −0.248% over the last 7D
Price+$2spread +0.021% now, avg +0.002% → +0.019% if it goes back
Costs−$1041.043% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.021%
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 · 3 to watch- Watch: Thin at this size13.1 / 43.3 bpAt $10k entering Binance costs 43.3 bp, fee and slippage, 3.3× BingX’s.
- Note: Margin at max leverage— + $400BingX —, Binance 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 Binance: 3 payments, $0.00.
- Note: Gap at its usual level+0.021% vs +0.002%The price leg adds little either way.
- Watch: Short leg is thinner$327K vs $910K OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Binance 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−0.0118%/8h × 21 periods−$24.83
Price spread+0.021% → +0.002% (7d avg)+$1.88
Slippage, 4 orderslive order books−$86.29
Fee BingX bp × 2 orders−$10.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$127.23
Costs to cover1.043%Break-evennever at this rate
Slippage: BingX: live order book, 2 min ago; Binance: live order book, 36 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.1813.1 bp−$1362.4 bp−$624200.0 bp−$20.0K636.1 bp−$318.1K
SELL · SHORTBinance6.4543.3 bp−$43120.3 bp−$1,203doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis