Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 263.42 | +0.0003 | 0.0000% / 1h | 12m 30s | $1.1M | $1.1M | 10x | Long QFEX | |
| SHORT | 263.62 | −0.0195 | pay 0.0195% / 8h | 1h 12m | $934K | $1.2M | — | Short BingX |
Price gap+0.076%
Funding gap−0.0198% /8h
Funding costs $6 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$17−0.0198% /8h now · paid −0.173% over the last 7D
Price+$2spread +0.076% now, avg +0.057% → +0.019% if it goes back
Costs−$1141.142% 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+0.076%
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
/8hCRWD on 19 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Watch: Thin at this size35.3 / 26.6 bpAt $10k entering QFEX costs 35.3 bp, fee and slippage, 1.3× 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: −$5.93Long QFEX: 24 payments, −$0.08; short BingX: 3 payments, −$5.85.
- Note: Gap at its usual level+0.076% vs +0.057%The price leg adds little either way.
- Watch: Short leg is thinner$934K 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−0.0082%/8h × 21 periods−$17.30
Price spread+0.076% → +0.057% (7d avg)+$1.93
Slippage, 4 orderslive order books−$84.23
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$129.60
Costs to cover1.142%Break-evennever at this rate
Slippage: QFEX: live order book, 10 min ago; BingX: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.0935.3 bp−$3545.5 bp−$455doesn’t fitdoesn’t fit
SELL · SHORTBingX0.1926.6 bp−$2761.8 bp−$618254.1 bp−$25.4K915.8 bp−$457.9K
Closing costs about the same again.
BloFin