Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.3210 | +0.1075 | pay 0.1075% / 8h | 2h 59m | $902K | $1.6M | — | Long BingX | |
| SHORT | 1.3200 | 0 | 0.0000% / 1h | 59m 41s | $1.1M | $14K | 10x | Short QFEX |
Price gap−0.076%57s
Funding gap−0.1075% /8h
Both sides work against this direction now: funding costs $32 a day on $10k and the gap is 0.573% under its 7d average. Swap the legs.
The two prices were read 57 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$40−0.1075% /8h now · paid −0.397% over the last 7D
Price—spread −0.076%57s now · prices read too far apart to compare
Costs−$3943.939% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.397% in total, about −0.0189%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
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
/8hGPRO on 13 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size64.0 / 124.1 bpAt $10k entering QFEX costs 124.1 bp, fee and slippage, 1.9× BingX’s.
- Note: Margin at max leverage— + $1,000BingX —, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$32.25Long BingX: 3 payments, −$32.25; short QFEX: 24 payments, $0.00.
- Watch: Prices read 57 s apart−0.076% vs +0.497%Part of this gap may be the market moving.
- Watch: Long leg is thinner$902K vs $1.1M OIBingX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · QFEX NoAdvanced 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−0.0189%/8h × 21 periods−$39.65
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$363.91
Fee BingX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$433.56
price spread not counted: prices read too far apartCosts to cover3.939%Break-evennever at this rate
Slippage: BingX: live order book, 10 min ago; QFEX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX15.1164.0 bp−$64205.1 bp−$2,051doesn’t fitdoesn’t fit
SELL · SHORTQFEX114.07124.1 bp−$124166.1 bp−$1,661doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-20 12:07 | Binance | Other | Binance Exchange Adds GoPro (GPROB) and Reddit (RDDTB) bStocks Trading Pairs on Binance Spot/Convert. 👉 @binance on X ↗ |
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