Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 84.190 | +0.0393 | pay 0.0393% / 8h | 4h 04m | $931K | $7.3M | — | Long BingX | |
| SHORT | 84.210 | +0.0160 | get 0.0020% / 1h | 4m 38s | $1.4M | $2.6M | 10x | Short QFEX |
Price gap+0.024%57s
Funding gap−0.0233% /8h
The gap pays +$6 on $10k if it goes back to its 7d average, but funding costs $7 a day and eats that in about 22 hours.
The two prices were read 57 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$73−0.0233% /8h now · paid −0.725% over the last 7D
Price—spread +0.024%57s now · prices read too far apart to compare
Costs−$380.382% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.024%
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
/8hCRCL on 37 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- OK: Fits both order books6.2 / 12.4 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- 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: −$6.99Long BingX: 3 payments, −$11.79; short QFEX: 24 payments, +$4.80.
- Watch: Prices read 57 s apart+0.024% vs −0.041%Part of this gap may be the market moving.
- Watch: Long leg is thinner$931K vs $1.4M 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−0.0345%/8h × 21 periods−$72.52
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$8.15
Fee BingX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$110.67
price spread not counted: prices read too far apartCosts to cover0.382%Break-evennever at this rate
Slippage: BingX: live order book, 13 min ago; QFEX: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.196.2 bp−$67.8 bp−$7815.1 bp−$1,51570.8 bp−$35.4K
SELL · SHORTQFEX2.3712.4 bp−$1212.4 bp−$12418.9 bp−$1,886doesn’t fit
Closing costs about the same again.
| 09-25 00:50 | Injective | Token | The Injective Stockdrop officially starts next week. Anyone who participated in the $INJ BuyBack yesterday will be eligible to earn a stock token on Robinhood Chain. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗ |
| 09-23 11:17 | Bitget | Other | If you're already trading $S, $MSTR, $CRCL, $TSLA and other top stocks and commodities, why not check these campaigns to earn rewards too! ⤵️ @bitget on X ↗ |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market CRCL/USD ($CRCL) seen by our collector |
| 09-18 17:30 | Vest Markets | Other | $COIN is rebounding from Tuesday's Senate defeat of the CLARITY Act, up around 12% on the session. The SEC issued a five-year innovation exemption that allows tokenized versions of U.S. stocks to trade on blockchain venues, with a comment period open. Crypto-linked equities are broadly higher, with $MSTR, $HOOD and $CRCL also up on the session. @VestExchange on X ↗ |
| 09-17 02:09 | SoDEX | Other | 📊 SoDEX 24h Movers · Sep 17 77 of 93 markets higher. The Fed's 25-basis-point rate hike dragged down US equities and crypto-related stocks, while select altcoins bucked the trend. Saudi efforts to restore pipeline capacity weighed on oil prices. What moved them $ZEC · Whale short positions face severe unrealized losses, potentially fueling a short squeeze. ARB · Tokenized card platform Deadstock completed a $2.5M seed round on Arbitrum. ONDO · Ondo's subsidiary became the first tokenized firm to join the DTCC Fund/SERV network. CRCL · Crypto-related stocks fell with the broader US market following the Fed rate hike. HOOD · Crypto-related stocks declined alongside the broader market after the Fed rate decision. 77 up · 15 down · 1 flat across 93 perp markets. 25 also trade spot. @sodex_official on X ↗ |
| 09-16 13:44 | Deribit | Listing | 🚨 Always Open. To More. Now live on Deribit: Trade 17 new equity and ETF perpetuals across technology, ETFs, semiconductors, fintech, and crypto linked equities. All settled in USDC. MSTR · CRCL · NVDA · MSFT · META · TSLA · AAPL · GOOGL · AMZN · QQQ · SPY · AMD · HOOD · INTC · MRVL · SPCX · TSM This launch is part of Deribit’s biggest-ever product expansion: more than 90 new USDC-settled perpetuals across crypto, listed equities and ETFs, commodities, the COIN50 index and private-market valuations. Read more: Deribit. Always Open. Equity, Commodity and Pre-IPO perpetuals are offered under the Limited Licence Approval Deribit FZE received from VARA, and are subject to the conditions, eligibility requirements and restrictions applicable to that approval. @DeribitOfficial on X ↗ |
Injective
Bitget
gTrade (Gains Network)
Vest Markets
SoDEX
Deribit