Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 89.060 | +0.2835 | pay 0.2835% / 8h | 54m 29s | $968K | $1.3M | — | Long BingX | |
| SHORT | 89.140 | 0 | 0.0000% / 1h | 54m 29s | $1.7M | $249K | 10x | Short QFEX |
Price gap+0.090%
Funding gap−0.2835% /8h
The gap pays +$194 on $10k if it goes back to its 7d average, but funding costs $85 a day and eats that in about 2.3 days. At the last 7 days' pace that is about 36 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$37−0.2835% /8h now · paid −0.375% over the last 7D
Price+$194spread +0.090% now, avg −1.846% → +1.936% if it goes back
Costs−$6696.686% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.375% in total, about −0.0178%/8h on average.
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+0.090%
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
/8hHUT on 13 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size42.6 / 279.1 bpAt $10k entering QFEX costs 279.1 bp, fee and slippage, 6.5× 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: −$85.05Long BingX: 3 payments, −$85.05; short QFEX: 24 payments, $0.00.
- OK: Entry gap works for you+0.090% vs −1.846%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$968K vs $1.7M 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−0.0178%/8h × 21 periods−$37.47
Price spread+0.090% → −1.846% (7d avg)+$193.55
Slippage, 4 orderslive order books−$638.63
Fee BingX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$512.55
Costs to cover6.686%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 · LONGBingX20.7842.6 bp−$4379.6 bp−$796196.8 bp−$19.7K347.3 bp−$173.7K
SELL · SHORTQFEX253.53279.1 bp−$279279.7 bp−$2,797doesn’t fitdoesn’t fit
Closing costs about the same again.
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