Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 207.53 | +0.0417 | pay 0.0417% / 8h | 5h 00m | $957K | $1.7M | — | Long BingX | |
| SHORT | 207.28 | 0 | 0.0000% / 1h | 0m 29s | $1.5M | $625K | 10x | Short QFEX10% back |
Price gap−0.120%
Funding gap−0.0417% /8h
Both sides work against this direction now: funding costs $13 a day on $10k and the gap is 0.025% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$75−0.0417% /8h now · paid −0.747% over the last 7D
Price−$2spread −0.120% now, avg −0.096% → −0.025% if it goes back
Costs−$500.496% 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−0.120%
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
/8hCOHR on 17 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size6.7 / 17.7 bpAt $10k entering QFEX costs 17.7 bp, fee and slippage, 2.7× BingX’s.
- 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: −$12.51Long BingX: 3 payments, −$12.51; short QFEX: 24 payments, $0.00.
- Watch: Gap narrower than usual−0.120% vs −0.096%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$957K vs $1.5M 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−0.0356%/8h × 21 periods−$74.75
Price spread−0.120% → −0.096% (7d avg)−$2.50
Slippage, 4 orderslive order books−$19.59
Fee BingX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$126.83
Costs to cover0.496%Break-evennever at this rate
Slippage: BingX: live order book, 17 min ago; QFEX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.246.7 bp−$715.6 bp−$156128.3 bp−$12.8K828.3 bp−$414.1K
SELL · SHORTQFEX3.3817.7 bp−$18doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Paragon