Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 198.53 | 0 | 0.0000% / 8h | 3h 02m | $393K | $1.5M | 25x | Long Bybit | |
| SHORT | 199.82 | +0.0050 | get 0.0050% / 8h | 3h 02m | $286K | $1.2M | — | Short BingX |
Price gap+0.650%
Funding gap+0.0050% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.323% above its 7d average: +$32 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$35+0.0050% /8h now · paid +0.353% over the last 7D
Price+$32spread +0.650% now, avg +0.327% → +0.323% if it goes back
Costs−$2502.499% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.650%
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
/8hZS on 8 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size102.0 / 26.4 bpAt $10k entering Bybit costs 102.0 bp, fee and slippage, 3.9× BingX’s.
- Note: Margin at max leverage$400 + —Bybit 25x, 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 Bybit: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
- OK: Entry gap works for you+0.650% vs +0.327%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$286K vs $393K OIBingX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · BingX YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0168%/8h × 21 periods+$35.33
Price spread+0.650% → +0.327% (7d avg)+$32.29
Slippage, 4 orderslive order books−$228.89
Fee Bybit bp × 2 orders−$11.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$182.27
Costs to cover2.499%Break-even43.1 days
Slippage: Bybit: live order book, 2 min ago; BingX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit3.02102.0 bp−$102doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX19.5126.4 bp−$2683.3 bp−$833119.0 bp−$11.9K371.7 bp−$185.8K
Closing costs about the same again.
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