Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 502.39 | 0 | 0.0000% / 1h | 41m 44s | $1.2M | $1.2M | 10x | Long QFEX | |
| SHORT | 503.79 | +0.0587 | get 0.0587% / 8h | 3h 41m | $925K | $1.2M | — | Short BingX |
Price gap+0.279%
Funding gap+0.0587% /8h
Both sides work: funding pays +$18 a day on $10k, and the gap is 0.168% above its 7d average: +$17 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$43+0.0587% /8h now · paid +0.432% over the last 7D
Price+$17spread +0.279% now, avg +0.110% → +0.168% if it goes back
Costs−$640.641% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.279%
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
/8hBRKB on 16 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size16.7 / 15.2 bpAt $10k entering QFEX costs 16.7 bp, fee and slippage, 1.1× BingX’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: +$17.61Long QFEX: 24 payments, $0.00; short BingX: 3 payments, +$17.61.
- OK: Entry gap works for you+0.279% vs +0.110%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$925K vs $1.2M 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+0.0206%/8h × 21 periods+$43.17
Price spread+0.279% → +0.110% (7d avg)+$16.82
Slippage, 4 orderslive order books−$34.12
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$4.13
Costs to cover0.641%Break-even7.7 days
Slippage: QFEX: live order book, 4 min ago; BingX: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX1.2916.7 bp−$1718.2 bp−$182doesn’t fitdoesn’t fit
SELL · SHORTBingX6.6615.2 bp−$1515.9 bp−$159188.2 bp−$18.8K973.2 bp−$486.6K
Closing costs about the same again.
BloFin