Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 22.790 | 0 | 0.0000% / 1h | 40m 41s | $1.1M | $107K | 10x | Long QFEX | |
| SHORT | 22.810 | −0.0097 | pay 0.0097% / 8h | 1h 40m | $943K | $1.2M | — | Short BingX |
Price gap+0.088%
Funding gap−0.0097% /8h
The gap pays +$41 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 14 days. At the last 7 days' pace that is about 33 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$9−0.0097% /8h now · paid −0.087% over the last 7D
Price+$41spread +0.088% now, avg −0.318% → +0.406% if it goes back
Costs−$6686.679% 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+0.088%
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
/8hGLXY on 4 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size213.5 / 123.6 bpAt $10k entering QFEX costs 213.5 bp, fee and slippage, 1.7× 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: −$2.91Long QFEX: 24 payments, $0.00; short BingX: 3 payments, −$2.91.
- OK: Entry gap works for you+0.088% vs −0.318%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$943K 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−0.0041%/8h × 21 periods−$8.65
Price spread+0.088% → −0.318% (7d avg)+$40.56
Slippage, 4 orderslive order books−$637.92
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$636.01
Costs to cover6.679%Break-evennever at this rate
Slippage: QFEX: live order book, 9 min ago; BingX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX155.80213.5 bp−$214216.0 bp−$2,160doesn’t fitdoesn’t fit
SELL · SHORTBingX56.99123.6 bp−$124340.8 bp−$3,408doesn’t fitdoesn’t fit
Closing costs about the same again.
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