Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 18.644 | 0 | 0.0000% / 1h | 47m 31s | — | $646K | 10x | Long SunX≤10% back | |
| SHORT | 18.920 | −0.0050 | pay 0.0050% / 8h | 5h 47m | $280K | $1.2M | — | Short BingX |
Price gap+1.480%
Funding gap−0.0050% /8h
The gap pays +$124 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 3 months.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$11−0.0050% /8h now · paid −0.105% over the last 7D
Price+$124spread +1.480% now, avg +0.244% → +1.236% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$113+1.13%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
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+1.480%
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
/8hUMC on 6 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$1,000 + —SunX 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.50Long SunX: 24 payments, $0.00; short BingX: 3 payments, −$1.50.
- OK: Entry gap works for you+1.480% vs +0.244%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner— vs $280K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · BingX 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−0.0050%/8h × 21 periods−$10.50
Price spread+1.480% → +0.244% (7d avg)+$123.63
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 3 min ago; BingX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX839.14doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX26.43175.2 bp−$175605.0 bp−$6,050874.6 bp−$87.5Kdoesn’t fit
Closing costs about the same again.
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