Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 42.650 | 0 | 0.0000% / 8h | 5h 17m | $74K | $125K | 20x | Long Bitget | |
| SHORT | 42.514 | +0.0050 | get 0.0006% / 1h | 17m 14s | $1.4M | $305K | 10x | Short tradeXYZ |
Price gap−0.319%
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 0.159% under its 7d average: −$16 if it goes back, about 11 days of funding. At the last 7 days' pace that is about 3.7 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$30+0.0050% /8h now · paid +0.299% over the last 7D
Price−$16spread −0.319% now, avg −0.159% → −0.159% if it goes back
Costs−$1661.661% of $10k · taker + slippage, in and out
Result−$152−1.52%+ Points / potential airdroptradeXYZ: points · farm boardWhat 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−0.319%
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
/8hURNM on 18 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size21.8 / 17.4 bpAt $10k entering Bitget costs 21.8 bp, fee and slippage, 1.3× tradeXYZ’s.
- Note: Margin at max leverage$500 + $1,000Bitget 20x, tradeXYZ 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.50Long Bitget: 3 payments, $0.00; short tradeXYZ: 24 payments, +$1.50.
- Watch: Gap narrower than usual−0.319% vs −0.159%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$74K vs $1.4M OIBitget sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCBitget Yes · tradeXYZ NoKYC 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+0.0142%/8h × 21 periods+$29.86
Price spread−0.319% → −0.159% (7d avg)−$15.94
Slippage, 4 orderslive order books−$152.32
Fee Bitget bp × 2 orders−$12.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$152.19
Costs to cover1.661%Break-even42.7 days
Slippage: Bitget: live order book, 35 min ago; tradeXYZ: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget14.0721.8 bp−$2245.7 bp−$457doesn’t fitdoesn’t fit
SELL · SHORTtradeXYZ9.5317.4 bp−$17238.9 bp−$2,389doesn’t fitdoesn’t fit
Closing costs about the same again.
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