Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 65.630 | 0 | 0.0000% / 8h | 2h 32m | $1.1M | $352K | 20x | Long Bitget | |
| SHORT | 65.780 | −0.0050 | pay 0.0050% / 8h | 2h 32m | $979K | $1.3M | — | Short BingX |
Price gap+0.229%
Funding gap−0.0050% /8h
The gap pays +$11 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 7.5 days.
Funding on this pair paid 0.093% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$9−0.0050% /8h now · paid +0.093% over the last 7D
Price+$11spread +0.229% now, avg +0.116% → +0.112% if it goes back
Costs−$1201.200% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.229%
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
/8hHPE on 12 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size28.6 / 44.7 bpAt $10k entering BingX costs 44.7 bp, fee and slippage, 1.6× Bitget’s.
- Note: Margin at max leverage$500 + —Bitget 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.50Long Bitget: 3 payments, $0.00; short BingX: 3 payments, −$1.50.
- OK: Entry gap works for you+0.229% vs +0.116%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$979K vs $1.1M OIBingX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · BingX YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0044%/8h × 21 periods+$9.34
Price spread+0.229% → +0.116% (7d avg)+$11.23
Slippage, 4 orderslive order books−$98.03
Fee Bitget bp × 2 orders−$12.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$99.46
Costs to cover1.200%Break-even81.5 days
Slippage: Bitget: live order book, 10 min ago; BingX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget13.8028.6 bp−$2939.4 bp−$394175.9 bp−$17.6Kdoesn’t fit
SELL · SHORTBingX10.6044.7 bp−$4575.6 bp−$756161.2 bp−$16.1K805.8 bp−$402.9K
Closing costs about the same again.
| 09-29 15:29 | QFEX | Other | $HPE - Hewlett Packard Enterprise Company is now trading 24/7 @QFEX on X ↗ |
| 09-29 11:02 | QFEX | Listing | new market HPE-USD ($HPE) seen by our collector |
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