Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 14.460 | +0.0412 | pay 0.0412% / 8h | 5h 56m | $911K | $1.6M | — | Long BingX | |
| SHORT | 14.432 | +0.0217 | get 0.0027% / 1h | 56m 18s | $4.3M | $936K | 10x | Short tradeXYZ |
Price gap−0.194%
Funding gap−0.0195% /8h
Both sides work against this direction now: funding costs $6 a day on $10k and the gap is 0.116% under its 7d average. Swap the legs.
Funding on this pair paid 0.188% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$19−0.0195% /8h now · paid +0.188% over the last 7D
Price−$12spread −0.194% now, avg −0.078% → −0.116% if it goes back
Costs−$390.390% of $10k · taker + slippage, in and out
Result−$32−0.32%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / ExitBingX: thin, under $1M open interest
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−0.194%
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
/8hUSAR on 17 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books12.8 / 3.4 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $1,000BingX —, 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: −$5.84Long BingX: 3 payments, −$12.36; short tradeXYZ: 24 payments, +$6.52.
- Watch: Gap narrower than usual−0.194% vs −0.078%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$911K vs $4.3M OIBingX sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · tradeXYZ NoAdvanced 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+0.0090%/8h × 21 periods+$18.82
Price spread−0.194% → −0.078% (7d avg)−$11.57
Slippage, 4 orderslive order books−$27.19
Fee BingX bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$31.74
Costs to cover0.390%Break-even18.8 days
Slippage: BingX: live order book, 19 min ago; tradeXYZ: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX3.4612.8 bp−$1327.3 bp−$27396.2 bp−$9,623573.6 bp−$286.8K
SELL · SHORTtradeXYZ1.743.4 bp−$38.9 bp−$89136.5 bp−$13.7Kdoesn’t fit
Closing costs about the same again.

