Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 362.25 | 0 | 0.0000% / 8h | 1h 52m | $351K | $498K | 20x | Long Binance | |
| SHORT | 362.13 | −0.0050 | pay 0.0050% / 8h | 1h 52m | $909K | $1.2M | — | Short BingX |
Price gap−0.033%
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.023% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$3−0.0050% /8h now · paid −0.034% over the last 7D
Price−$2spread −0.033% now, avg −0.010% → −0.023% if it goes back
Costs−$1481.476% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.033%
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
/8hV on 13 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size65.3 / 24.1 bpAt $10k entering Binance costs 65.3 bp, fee and slippage, 2.7× BingX’s.
- Note: Margin at max leverage$500 + —Binance 20x, BingX —. 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 Binance: 3 payments, $0.00; short BingX: 3 payments, −$1.50.
- Watch: Gap narrower than usual−0.033% vs −0.010%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$351K vs $909K OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · BingX YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0016%/8h × 21 periods−$3.41
Price spread−0.033% → −0.010% (7d avg)−$2.35
Slippage, 4 orderslive order books−$129.62
Fee Binance bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$153.37
Costs to cover1.476%Break-evennever at this rate
Slippage: Binance: live order book, 33 min ago; BingX: live order book, 13 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance4.5565.3 bp−$65137.0 bp−$1,370doesn’t fitdoesn’t fit
SELL · SHORTBingX8.4124.1 bp−$2447.1 bp−$471142.6 bp−$14.3K651.9 bp−$326.0K
Closing costs about the same again.
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