Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.4100 | 0 | 0.0000% / 1h | 58m 38s | $1.1M | $26K | 10x | Long QFEX | |
| SHORT | 7.4400 | −0.0050 | pay 0.0050% / 8h | 7h 58m | $294K | $340K | — | Short BingX |
Price gap+0.405%
Funding gap−0.0050% /8h
The gap pays +$26 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 17 days.
Funding on this pair paid 0.061% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$6−0.0050% /8h now · paid +0.061% over the last 7D
Price+$26spread +0.405% now, avg +0.145% → +0.260% if it goes back
Costs−$2142.143% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.405%
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
/8hCRML on 7 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size30.2 / 83.3 bpAt $10k entering BingX costs 83.3 bp, fee and slippage, 2.8× 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: −$1.50Long QFEX: 24 payments, $0.00; short BingX: 3 payments, −$1.50.
- OK: Entry gap works for you+0.405% vs +0.145%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$294K 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+0.0029%/8h × 21 periods+$6.05
Price spread+0.405% → +0.145% (7d avg)+$26.02
Slippage, 4 orderslive order books−$184.25
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$182.18
Costs to cover2.143%Break-even217.6 days
Slippage: QFEX: live order book, 5 min ago; BingX: live order book, 25 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX6.7530.2 bp−$3042.8 bp−$428doesn’t fitdoesn’t fit
SELL · SHORTBingX20.0183.3 bp−$83482.5 bp−$4,825doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 11:37 | Bitget | Listing | new market CRMLUSDT ($CRML) seen by our collector |
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| 09-21 15:21 | QFEX | Other | $CRML - Critical Metals Corp. is now trading 24/7 on QFEX @QFEX on X ↗ |

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