Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 78.900 | 0 | 0.0000% / 1h | 50m 45s | $174K | $885 | 10x | Long QFEX10% back | |
| SHORT | 78.450 | +0.0200 | get 0.0200% / 8h | 5h 50m | $987K | $1.3M | — | Short BingX |
Price gap−0.570%
Funding gap+0.0200% /8h
Both sides work: funding pays +$6 a day on $10k, and the gap is 0.150% above its 7d average: +$15 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$11+0.0200% /8h now · paid −0.114% over the last 6 days (all we have)
Price+$15spread −0.570% now, avg −0.721% → +0.150% if it goes back
Costs−$4784.779% 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−0.570%
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
/8hCCJ on 4 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size147.6 / 93.0 bpAt $10k entering QFEX costs 147.6 bp, fee and slippage, 1.6× 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: +$6.00Long QFEX: 24 payments, $0.00; short BingX: 3 payments, +$6.00.
- OK: Entry gap works for you−0.570% vs −0.721%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$174K vs $987K OIQFEX 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−0.0069%/8h × 21 periods−$14.43
Price spread−0.570% → −0.721% (7d avg)+$15.04
Slippage, 4 orderslive order books−$447.95
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$477.34
Costs to cover4.779%Break-evennever at this rate
Slippage: QFEX: live order book, 21 min ago; BingX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX3.21147.6 bp−$148doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX50.3593.0 bp−$93114.3 bp−$1,143doesn’t fitdoesn’t fit
Closing costs about the same again.