Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.7600 | 0 | 0.0000% / 1h | 15m 09s | $1.1M | $19K | 10x | Long QFEX | |
| SHORT | 7.7749 | +0.1698 | get 0.1698% / 8h | 4h 15m | $45K | $255K | 20x | Short Binance |
Price gap+0.192%
Funding gap+0.1698% /8h
Funding pays +$51 a day on $10k, but the gap is 0.735% under its 7d average: −$74 if it goes back, about 35 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—+0.1698% /8h now · no funding history yet
Price−$74spread +0.192% now, avg +0.927% → −0.735% if it goes back
Costs−$3093.095% of $10k · taker + slippage, in and out
Result—no pointsneeds funding history
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Binance price against QFEXnow
RANGE STATS · 7D
Now+0.192%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCRML on 2 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size105.2 / 48.5 bpAt $10k entering QFEX costs 105.2 bp, fee and slippage, 2.2× Binance’s.
- Note: Margin at max leverage$1,000 + $500QFEX 10x, Binance 20x. 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: +$50.95Long QFEX: 24 payments, $0.00; short Binance: 3 payments, +$50.95.
- Watch: Gap narrower than usual+0.192% vs +0.927%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$45K vs $1.1M OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX No · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate+$356.65
Price spread+0.192% → +0.927% (7d avg)−$73.53
Slippage, 4 orderslive order books−$289.46
Fee QFEX bp × 2 orders−$10.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$26.34
Costs to cover3.095%Break-even7.5 days
Slippage: QFEX: live order book, 5 min ago; Binance: live order book, 21 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX84.03105.2 bp−$105doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBinance5.1648.5 bp−$48doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.