Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 66.180 | 0 | 0.0000% / 8h | 2h 17m | $717 | $268K | 10x | Long SunX≤10% back | |
| SHORT | 66.330 | −0.0050 | pay 0.0050% / 8h | 2h 17m | $979K | $1.3M | — | Short BingX |
Price gap+0.227%
Funding gap−0.0050% /8h
The gap pays +$18 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 12 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+$18spread +0.227% now, avg +0.046% → +0.181% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$27+0.27%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.227%
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- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$1,000 + —SunX 10x, 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 SunX: 3 payments, $0.00; short BingX: 3 payments, −$1.50.
- OK: Entry gap works for you+0.227% vs +0.046%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$717 vs $979K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX 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+0.0044%/8h × 21 periods+$9.34
Price spread+0.227% → +0.046% (7d avg)+$18.09
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 41 min ago; BingX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX501.07doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX7.5415.2 bp−$1590.1 bp−$901458.1 bp−$45.8K1157.1 bp−$578.5K
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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