Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 28.270 | +0.0040 | pay 0.0040% / 8h | 54m 37s | $950K | $343K | — | Long BingX | |
| SHORT | 28.550 | 0 | 0.0000% / 1h | 54m 37s | $1.1M | $237K | 10x | Short QFEX |
Price gap+0.990%11112s
Funding gap−0.0040% /8h
The gap pays +$99 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 3 months. At the last 7 days' pace that is about 12 months.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2−0.0040% /8h now · paid −0.020% over the last 7D
Price—spread +0.990%11112s now · prices read too far apart to compare
Costsno datano order book for BingX
Result, before costs—no pointsneeds both prices read together
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+0.990%
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
/8hCHYM on 1 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Note: Order book unknown—No order-book sample for BingX: its slippage is not counted.
- 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: −$1.20Long BingX: 3 payments, −$1.20; short QFEX: 24 payments, $0.00.
- Watch: Prices read 3 h apart+0.990% vs −0.002%Part of this gap may be the market moving.
- Watch: Long leg is thinner$950K 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−0.0010%/8h × 21 periods−$2.00
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for BingX—
Fee BingX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$20.00
Net, fees only · 7 days · $10k−$32.00
price spread not counted: prices read too far apartCosts to cover0.300%Break-evennever at this rate
Slippage: BingX: no order-book sample; QFEX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX—————
SELL · SHORTQFEX253.99360.6 bp−$361362.6 bp−$3,626doesn’t fitdoesn’t fit
Closing costs about the same again.
BingX: no data.