Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 60.480 | +0.0372 | pay 0.0186% / 4h | 2h 23m | $2.2M | $42.0M | — | Long BingX | |
| SHORT | 60.747 | +0.0046 | get 0.0006% / 1h | 23m 18s | $144K | $93 | 25x | Short Vest Markets+5% pts |
Price gap+0.441%
Funding gap−0.0326% /8h
Both sides work against this direction now: funding costs $10 a day on $10k and the gap is 0.171% 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−$42−0.0326% /8h now · paid −0.424% over the last 7D
Price−$17spread +0.441% now, avg +0.612% → −0.171% if it goes back
Costsno datano order book for Vest Markets
Result, before costs−$60−0.60%+ Points / potential airdropVest Markets: points · farm boardcosts unknown: no order book for Vest Markets · 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+0.441%
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
/8hXAG on 44 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Note: Order book unknown—No order-book sample for Vest Markets: its slippage is not counted.
- Note: Margin at max leverage— + $400BingX —, Vest Markets 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$9.79Long BingX: 6 payments, −$11.16; short Vest Markets: 24 payments, +$1.37.
- Watch: Gap narrower than usual+0.441% vs +0.612%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$144K vs $2.2M OIVest Markets sets your exit cost. Check its book before closing.
- OK: Points on a legVest Markets pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · Vest Markets 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−0.0202%/8h × 21 periods−$42.44
Price spread+0.441% → +0.612% (7d avg)−$17.07
Slippage, 4 ordersno data for Vest Markets—
Fee BingX bp × 2 orders−$10.00
Fee Vest Markets bp × 2 orders−$2.00
Net, fees only · 7 days · $10k−$71.51
Costs to cover0.120%Break-evennever at this rate
Slippage: BingX: live order book, 2 min ago; Vest Markets: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.835.8 bp−$65.8 bp−$586.6 bp−$66314.8 bp−$7,402
SELL · SHORTVest Markets—————
Closing costs about the same again.
Vest Markets: no data.
| 09-30 18:40 | Hotstuff | Listing | SILVER-PERP no longer reported ($XAG) seen by our collector |
| 09-30 07:14 | Aster | Listing | new market SIUSDT ($XAG) seen by our collector |
| 09-30 03:46 | Gate | Listing | new market SI_USDT ($XAG) seen by our collector |
| 09-28 15:17 | Ondo Perps | Product | Introducing spot trading for @Ondo Stocks. This brings the basis trade onto a single platform: 1. Buy Ondo Stocks 2. Deploy them as collateral 3. Short the corresponding perp to collect funding Because the spot holding doubles as long exposure and collateral, delta-neutral strategies become more capital efficient. Running both legs on a single platform also eliminates the risks of managing positions across separate platforms. Starting with 12 assets: ✅ Silver (SLVon) ✅ Gold (GLDon) ✅ Micron (MUon) ✅ Tesla (TSLAon) ✅ Circle (CRCLon) ✅ NVIDIA (NVDAon) ✅ SpaceX (SPCXon) ✅ Sandisk (SNDKon) ✅ Alphabet (GOOGLon) ✅ S&P 500 ETF (SPYon) ✅ Invesco QQQ (QQQon) ✅ Roundhill Memory ETF (DRAMon) ✅ & more to come For the first time, Ondo Stocks are available for permissionless trading (outside the US) on a spot central limit order book. Ondo Stocks opened access to tokenized equities, supporting them as collateral made those holdings productive, and now, spot trading on Ondo Perps brings the entire workflow to a single platform. Another step closer to onchain prime brokerage. To celebrate the launch, spot trading is fee-free for the first 30 days. Build a basis trade → @OndoPerps on X ↗ |
| 09-26 13:03 | MEXC | Listing | new market SI_USDT ($XAG) seen by our collector |
| 09-24 04:18 | BingX | Listing | new market SI-USDT ($XAG) seen by our collector |

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