Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 926.33 | −0.0013 | get 0.0002% / 1h | 2m 49s | $1.5M | $12.4M | 10x | Long QFEX | |
| SHORT | 925.76 | +0.0050 | get 0.0050% / 8h | 3h 02m | $993K | $1.2M | — | Short BingX |
Price gap−0.062%
Funding gap+0.0063% /8h
Funding pays +$2 a day on $10k, but the gap is 0.103% under its 7d average: −$10 if it goes back, about 5.4 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$9+0.0063% /8h now · paid +0.092% over the last 7D
Price−$10spread −0.062% now, avg +0.041% → −0.103% if it goes back
Costs−$1251.247% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.062%
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
/8hCOST on 17 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size39.3 / 23.0 bpAt $10k entering QFEX costs 39.3 bp, fee and slippage, 1.7× 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: +$1.90Long QFEX: 24 payments, +$0.40; short BingX: 3 payments, +$1.50.
- Watch: Gap narrower than usual−0.062% vs +0.041%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$993K vs $1.5M OIBingX 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+0.0044%/8h × 21 periods+$9.16
Price spread−0.062% → +0.041% (7d avg)−$10.26
Slippage, 4 orderslive order books−$94.69
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$125.79
Costs to cover1.247%Break-even103.2 days
Slippage: QFEX: live order book, 5 min ago; BingX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX1.8939.3 bp−$39doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX6.1623.0 bp−$2352.3 bp−$523149.8 bp−$15.0K687.4 bp−$343.7K
Closing costs about the same again.
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