Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 714.00 | 0 | 0.0000% / 1h | 14m 43s | $1.1M | $136K | 10x | Long QFEX | |
| SHORT | 710.14 | +0.0754 | get 0.0754% / 8h | 4h 14m | $17K | $224K | 20x | Short Binance |
Price gap−0.541%
Funding gap+0.0754% /8h
Both sides work: funding pays +$23 a day on $10k, and the gap is 0.545% above its 7d average: +$54 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—+0.0754% /8h now · no funding history yet
Price+$54spread −0.541% now, avg −1.085% → +0.545% if it goes back
Costs−$9759.749% of $10k · taker + slippage, in and out
Result—no pointsneeds funding history
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Binance price against QFEXnow
RANGE STATS · 7D
Now−0.541%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hBWET on 2 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size456.1 / 44.7 bpAt $10k entering QFEX costs 456.1 bp, fee and slippage, 10.2× Binance’s.
- Note: Margin at max leverage$1,000 + $500QFEX 10x, Binance 20x. 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: +$22.63Long QFEX: 24 payments, $0.00; short Binance: 3 payments, +$22.63.
- OK: Entry gap works for you−0.541% vs −1.085%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$17K vs $1.1M OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX No · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate+$158.44
Price spread−0.541% → −1.085% (7d avg)+$54.45
Slippage, 4 orderslive order books−$954.92
Fee QFEX bp × 2 orders−$10.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$762.03
Costs to cover9.749%Break-even40.7 days
Slippage: QFEX: live order book, 5 min ago; Binance: live order book, 21 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX252.10456.1 bp−$456doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBinance12.7444.7 bp−$45doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.