Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 9.1100 | 0 | 0.0000% / 1h | 8m 46s | $1.1M | $200K | 10x | Long QFEX | |
| SHORT | 9.1100 | +0.0050 | get 0.0050% / 8h | 4h 08m | $3K | $1.2M | — | Short BingX |
Price gap0.000%
Funding gap+0.0050% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.080% above its 7d average: +$8 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$23+0.0050% /8h now · paid +0.228% over the last 7D
Price+$8spread 0.000% now, avg −0.080% → +0.080% if it goes back
Costs−$1581.581% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now0.000%
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
/8hDJT on 9 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size47.2 / 31.7 bpAt $10k entering QFEX costs 47.2 bp, fee and slippage, 1.5× 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: +$1.50Long QFEX: 24 payments, $0.00; short BingX: 3 payments, +$1.50.
- OK: Entry gap works for you0.000% vs −0.080%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$3K 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+0.0109%/8h × 21 periods+$22.84
Price spread0.000% → −0.080% (7d avg)+$8.03
Slippage, 4 orderslive order books−$128.14
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$127.27
Costs to cover1.581%Break-even46.0 days
Slippage: QFEX: live order book, 6 min ago; BingX: live order book, 13 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX5.4947.2 bp−$4750.5 bp−$505doesn’t fitdoesn’t fit
SELL · SHORTBingX11.5331.7 bp−$3287.5 bp−$875208.5 bp−$20.9K699.2 bp−$349.6K
Closing costs about the same again.
