Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,710.2 | +0.1074 | pay 0.0537% / 4h | 10m 37s | $924K | $1.5M | — | Long BingX | |
| SHORT | 1,706.8 | +0.0152 | get 0.0019% / 1h | 10m 37s | $168K | $986K | 10x | Short Extended10% off |
Price gap−0.198%
Funding gap−0.0922% /8h
Both sides work against this direction now: funding costs $28 a day on $10k and the gap is 0.061% 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−$62−0.0922% /8h now · paid −0.621% over the last 7D
Price−$6spread −0.198% now, avg −0.137% → −0.061% if it goes back
Costs−$350.354% of $10k · taker + slippage, in and out
Result−$104−1.04%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.621% in total, about −0.0296%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.198%
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
/8hXPT on 23 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books8.0 / 6.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $1,000BingX —, Extended 10x. 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: −$27.66Long BingX: 6 payments, −$32.22; short Extended: 24 payments, +$4.56.
- Watch: Gap narrower than usual−0.198% vs −0.137%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$168K vs $924K OIExtended sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · Extended 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−0.0296%/8h × 21 periods−$62.14
Price spread−0.198% → −0.137% (7d avg)−$6.09
Slippage, 4 orderslive order books−$20.37
Fee BingX bp × 2 orders−$10.00
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k−$103.59
Costs to cover0.354%Break-evennever at this rate
Slippage: BingX: live order book, 14 min ago; Extended: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.318.0 bp−$813.7 bp−$13783.2 bp−$8,315356.8 bp−$178.4K
SELL · SHORTExtended4.096.6 bp−$737.6 bp−$376doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 17:00 | MEXC | Other | 7 days to go. Singapore, we’re coming. 🇸🇬 Proud to be a Platinum Sponsor of #TOKEN2049. See you there. #MEXCEventRocks @MEXC on X ↗ |
| 09-23 13:33 | Kalshi | Listing | new market KXPLATINUMPERP ($XPT) seen by our collector |
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