Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 186.88 | +0.0773 | pay 0.0773% / 8h | 42m 13s | $37K | $1.2M | — | Long BingX | |
| SHORT | 186.56 | +0.0002 | 0.0000% / 1h | 42m 13s | $1.1M | $1.1M | 10x | Short QFEX |
Price gap−0.171%
Funding gap−0.0771% /8h
Both sides work against this direction now: funding costs $23 a day on $10k and the gap is 0.104% 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−$75−0.0771% /8h now · paid −0.751% over the last 7D
Price−$10spread −0.171% now, avg −0.067% → −0.104% if it goes back
Costs−$2662.663% of $10k · taker + slippage, in and out
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−0.171%
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
/8hBA on 5 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size37.2 / 90.6 bpAt $10k entering QFEX costs 90.6 bp, fee and slippage, 2.4× BingX’s.
- Note: Margin at max leverage— + $1,000BingX —, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$23.12Long BingX: 3 payments, −$23.19; short QFEX: 24 payments, +$0.07.
- Watch: Gap narrower than usual−0.171% vs −0.067%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$37K vs $1.1M OIBingX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · QFEX 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−0.0358%/8h × 21 periods−$75.09
Price spread−0.171% → −0.067% (7d avg)−$10.38
Slippage, 4 orderslive order books−$236.25
Fee BingX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$351.73
Costs to cover2.663%Break-evennever at this rate
Slippage: BingX: live order book, 1 min ago; QFEX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX31.5737.2 bp−$3759.9 bp−$599205.7 bp−$20.6K746.6 bp−$373.3K
SELL · SHORTQFEX77.4690.6 bp−$9192.1 bp−$921doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 05:56 | Kalshi | Other | JUST IN: Boeing wins a $20 billion contract to build the Navy's next fighter jet @Kalshi on X ↗ |
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