Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 101.25 | +0.0001 | 0.0000% / 1h | 28m 35s | $1.1M | $304K | 10x | Long QFEX | |
| SHORT | 101.26 | +0.1010 | get 0.1010% / 8h | 3h 28m | $933K | $1.2M | — | Short BingX |
Price gap+0.010%
Funding gap+0.1009% /8h
Funding trade: +$30 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+$32+0.1009% /8h now · paid +0.322% over the last 7D
Price+$2spread +0.010% now, avg −0.010% → +0.019% if it goes back
Costs−$3483.484% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.322% in total, about +0.0154%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.010%
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
/8hAEHR on 6 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Watch: Thin at this size43.9 / 142.4 bpAt $10k entering BingX costs 142.4 bp, fee and slippage, 3.2× QFEX’s.
- Note: Margin at max leverage$1,000 + —QFEX 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$30.28Long QFEX: 24 payments, −$0.02; short BingX: 3 payments, +$30.30.
- Note: Gap at its usual level+0.010% vs −0.010%The price leg adds little either way.
- Watch: Short leg is thinner$933K vs $1.1M OIBingX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX 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+0.0154%/8h × 21 periods+$32.24
Price spread+0.010% → −0.010% (7d avg)+$1.94
Slippage, 4 orderslive order books−$318.37
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$314.18
Costs to cover3.484%Break-even75.2 days
Slippage: QFEX: live order book, 5 min ago; BingX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.5143.9 bp−$4444.5 bp−$44551.9 bp−$5,186doesn’t fit
SELL · SHORTBingX22.89142.4 bp−$142doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
