Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 462.90 | −0.0005 | get 0.0001% / 1h | 50m 31s | $1.5M | $94K | 10x | Long QFEX10% back | |
| SHORT | 462.99 | +0.0701 | get 0.0701% / 8h | 2h 50m | $981K | $1.7M | — | Short BingX |
Price gap+0.019%
Funding gap+0.0706% /8h
Funding pays +$21 a day on $10k, but the gap is 0.119% under its 7d average: −$12 if it goes back, about 13 hours of funding. At the last 7 days' pace that is about 3.4 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$25+0.0706% /8h now · paid +0.247% over the last 7D
Price−$12spread +0.019% now, avg +0.139% → −0.119% if it goes back
Costs−$2122.123% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.247% in total, about +0.0118%/8h on average.
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+0.019%
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
/8hDELL on 25 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size138.6 / 8.8 bpAt $10k entering QFEX costs 138.6 bp, fee and slippage, 15.7× 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: +$21.17Long QFEX: 24 payments, +$0.14; short BingX: 3 payments, +$21.03.
- Watch: Gap narrower than usual+0.019% vs +0.139%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$981K vs $1.5M 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+0.0118%/8h × 21 periods+$24.70
Price spread+0.019% → +0.139% (7d avg)−$11.91
Slippage, 4 orderslive order books−$182.25
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$199.46
Costs to cover2.123%Break-even63.5 days
Slippage: QFEX: live order book, 5 min ago; BingX: live order book, 19 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX45.56138.6 bp−$139145.8 bp−$1,458doesn’t fitdoesn’t fit
SELL · SHORTBingX1.088.8 bp−$915.0 bp−$15051.0 bp−$5,101595.2 bp−$297.6K
Closing costs about the same again.
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