Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 247.30 | −0.0080 | get 0.0010% / 1h | 39m 59s | $1.1M | $950K | 10x | Long QFEX10% back | |
| SHORT | 247.21 | +0.0050 | get 0.0050% / 8h | 6h 39m | $947K | $1.2M | — | Short BingX |
Price gap−0.036%
Funding gap+0.0130% /8h
Funding pays +$4 a day on $10k, but the gap is 0.156% under its 7d average: −$16 if it goes back, about 4.0 days of funding. At the last 7 days' pace that is about 15 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$7+0.0130% /8h now · paid +0.075% over the last 7D
Price−$16spread −0.036% now, avg +0.119% → −0.156% if it goes back
Costs−$630.634% 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−0.036%
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
/8hCRM on 16 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size14.0 / 19.1 bpAt $10k entering BingX costs 19.1 bp, fee and slippage, 1.4× QFEX’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: +$3.90Long QFEX: 24 payments, +$2.40; short BingX: 3 payments, +$1.50.
- Watch: Gap narrower than usual−0.036% vs +0.119%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$947K vs $1.1M 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+0.0036%/8h × 21 periods+$7.49
Price spread−0.036% → +0.119% (7d avg)−$15.57
Slippage, 4 orderslive order books−$33.35
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$71.43
Costs to cover0.634%Break-even73.8 days
Slippage: QFEX: live order book, 8 min ago; BingX: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX1.0114.0 bp−$14doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX1.6219.1 bp−$1959.5 bp−$595200.9 bp−$20.1K795.9 bp−$397.9K
Closing costs about the same again.
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