Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,209.8 | +0.0587 | pay 0.0073% / 1h | 58m 37s | $2.6M | $198K | 20x | Long tradeXYZ | |
| SHORT | 1,211.4 | +0.1104 | get 0.0552% / 4h | 2h 58m | $935K | $6.5M | — | Short BingX |
Price gap+0.134%
Funding gap+0.0517% /8h
Funding trade: +$15 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1+0.0517% /8h now · paid −0.012% over the last 7D
Price+$1spread +0.134% now, avg +0.126% → +0.008% if it goes back
Costs−$220.216% of $10k · taker + slippage, in and out
Result−$22−0.22%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.012% in total, about −0.0006%/8h on average.
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+0.134%
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
/8hXPD on 18 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books3.7 / 6.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + —tradeXYZ 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$15.50Long tradeXYZ: 24 payments, −$17.62; short BingX: 6 payments, +$33.12.
- Note: Gap at its usual level+0.134% vs +0.126%The price leg adds little either way.
- Watch: Short leg is thinner$935K vs $2.6M OIBingX sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCtradeXYZ 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−0.0006%/8h × 21 periods−$1.24
Price spread+0.134% → +0.126% (7d avg)+$0.77
Slippage, 4 orderslive order books−$9.80
Fee tradeXYZ bp × 2 orders−$1.80
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$22.06
Costs to cover0.216%Break-evennever at this rate
Slippage: tradeXYZ: live order book, 6 min ago; BingX: live order book, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ2.063.7 bp−$417.0 bp−$170doesn’t fitdoesn’t fit
SELL · SHORTBingX0.046.3 bp−$614.3 bp−$14399.5 bp−$9,945379.5 bp−$189.7K
Closing costs about the same again.
| 09-29 11:00 | gTrade (Gains Network) | Listing | XPD/USD no longer reported ($XPD) seen by our collector |
| 09-23 13:33 | Kalshi | Listing | new market KXPALLADIUMPERP ($XPD) seen by our collector |


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