Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,713.5 | +0.1072 | pay 0.0536% / 4h | 3h 58m | $924K | $1.5M | — | Long BingX | |
| SHORT | 1,711.6 | +0.0233 | get 0.0029% / 1h | 58m 53s | $4.6M | $1.5M | 20x | Short tradeXYZ |
Price gap−0.110%
Funding gap−0.0839% /8h
Funding costs $25 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$94−0.0839% /8h now · paid −0.937% over the last 7D
Price+$2spread −0.110% now, avg −0.129% → +0.019% if it goes back
Costs−$240.244% of $10k · taker + slippage, in and out
Result−$116−1.16%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.110%
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 · 3 to watch- OK: Fits both order books8.5 / 3.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $500BingX —, tradeXYZ 20x. 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: −$25.18Long BingX: 6 payments, −$32.16; short tradeXYZ: 24 payments, +$6.98.
- Note: Gap at its usual level−0.110% vs −0.129%The price leg adds little either way.
- Watch: Long leg is thinner$924K vs $4.6M 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−0.0446%/8h × 21 periods−$93.69
Price spread−0.110% → −0.129% (7d avg)+$1.89
Slippage, 4 orderslive order books−$12.61
Fee BingX bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$116.22
Costs to cover0.244%Break-evennever at this rate
Slippage: BingX: live order book, 11 min ago; tradeXYZ: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.358.5 bp−$915.1 bp−$15190.1 bp−$9,007315.0 bp−$157.5K
SELL · SHORTtradeXYZ1.463.8 bp−$46.8 bp−$68doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 17:00 | MEXC | Other | 7 days to go. Singapore, we’re coming. 🇸🇬 Proud to be a Platinum Sponsor of #TOKEN2049. See you there. #MEXCEventRocks @MEXC on X ↗ |
| 09-23 13:33 | Kalshi | Listing | new market KXPLATINUMPERP ($XPT) seen by our collector |
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