Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 63.970 | +0.0001 | 0.0000% / 1h | 24m 46s | $246K | $45K | 10x | Long QFEX | |
| SHORT | 64.110 | +0.0050 | get 0.0050% / 8h | 2h 24m | $979K | $1.3M | — | Short BingX |
Price gap+0.219%
Funding gap+0.0049% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.104% above its 7d average: +$10 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0049% /8h now · paid +0.008% over the last 1 day (all we have)
Price+$10spread +0.219% now, avg +0.115% → +0.104% if it goes back
Costs−$1101.100% 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+0.219%
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
1 ok · 4 to watch- Watch: Thin at this size22.5 / 38.7 bpAt $10k entering BingX costs 38.7 bp, fee and slippage, 1.7× QFEX’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: +$1.47Long QFEX: 24 payments, −$0.03; short BingX: 3 payments, +$1.50.
- OK: Entry gap works for you+0.219% vs +0.115%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$246K vs $979K OIQFEX 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+0.0018%/8h × 21 periods+$3.84
Price spread+0.219% → +0.115% (7d avg)+$10.39
Slippage, 4 orderslive order books−$80.00
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$95.76
Costs to cover1.100%Break-even181.6 days
Slippage: QFEX: live order book, just now; BingX: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX1.5622.5 bp−$2230.0 bp−$300doesn’t fitdoesn’t fit
SELL · SHORTBingX13.2538.7 bp−$3990.0 bp−$900274.0 bp−$27.4K786.0 bp−$393.0K
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 |
