Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 309.25 | +0.0050 | pay 0.0050% / 8h | 3h 37m | $910K | $1.2M | — | Long BingX | |
| SHORT | 309.32 | −0.0061 | pay 0.0061% / 8h | 3h 37m | $506K | $532K | 25x | Short Bybit |
Price gap+0.023%
Funding gap−0.0111% /8h
The gap pays +$11 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 3.2 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$15−0.0111% /8h now · paid −0.145% over the last 7D
Price+$11spread +0.023% now, avg −0.084% → +0.106% if it goes back
Costs−$1871.872% 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+0.023%
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
/8hTXN on 13 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size15.9 / 39.9 bpAt $10k entering Bybit costs 39.9 bp, fee and slippage, 2.5× BingX’s.
- Note: Margin at max leverage— + $400BingX —, Bybit 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: −$3.33Long BingX: 3 payments, −$1.50; short Bybit: 3 payments, −$1.83.
- OK: Entry gap works for you+0.023% vs −0.084%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$506K vs $910K OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Bybit 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−0.0069%/8h × 21 periods−$14.52
Price spread+0.023% → −0.084% (7d avg)+$10.63
Slippage, 4 orderslive order books−$166.23
Fee BingX bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$191.12
Costs to cover1.872%Break-evennever at this rate
Slippage: BingX: live order book, 17 min ago; Bybit: live order book, 22 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX10.0315.9 bp−$1642.2 bp−$422256.6 bp−$25.7K778.2 bp−$389.1K
SELL · SHORTBybit13.9439.9 bp−$402425.4 bp−$24.3Kdoesn’t fitdoesn’t fit
Closing costs about the same again.
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