Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 745.41 | 0 | 0.0000% / 1h | 8m 50s | $1.1M | $130K | 10x | Long QFEX | |
| SHORT | 754.94 | 0 | 0.0000% / 8h | 4h 08m | — | $363K | 10x | Short SunX≤10% back |
Price gap+1.278%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.791% under its 7d average: the price leg works against you, −$79 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—0.0000% /8h now · no funding history yet
Price−$79spread +1.278% now, avg +2.070% → −0.791% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—no pointsneeds funding history
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+1.278%
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
/8hBWET on 8 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$1,000 + $1,000QFEX 10x, SunX 10x. 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: $0.00Long QFEX: 24 payments, $0.00; short SunX: 3 payments, $0.00.
- Watch: Gap narrower than usual+1.278% vs +2.070%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner— vs $1.1M OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legQFEX No · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate$0.00
Price spread+1.278% → +2.070% (7d avg)−$79.13
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee QFEX bp × 2 orders−$20.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: QFEX: live order book, 5 min ago; SunX: live order book, 53 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX252.14731.7 bp−$732doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTSunX66.71doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 11:37 | Bitget | Listing | new market BWETUSDT ($BWET) seen by our collector |
| 09-30 10:07 | SunX | Listing | new market BWET-USDT ($BWET) seen by our collector |
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| 09-29 12:00 | Gate | Listing | new market BWET_USDT ($BWET) seen by our collector |
| 09-29 10:05 | Binance | Listing | new market BWETUSDT ($BWET) seen by our collector |
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