Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 89.140 | 0 | 0.0000% / 1h | 41m 05s | $1.7M | $240K | 10x | Long QFEX | |
| SHORT | 89.070 | +0.2872 | get 0.2872% / 8h | 1h 41m | $968K | $1.3M | — | Short BingX |
Price gap−0.079%
Funding gap+0.2872% /8h
Funding pays +$86 a day on $10k, but the gap is 1.959% under its 7d average: −$196 if it goes back, about 2.3 days of funding. At the last 7 days' pace that is about 37 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$37+0.2872% /8h now · paid +0.375% over the last 7D
Price−$196spread −0.079% now, avg +1.880% → −1.959% if it goes back
Costs−$1841.837% of $10k · taker + slippage, in and out
The current funding rate is far above 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−0.079%
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
0 ok · 5 to watch- Watch: Thin at this size30.0 / 84.2 bpAt $10k entering BingX costs 84.2 bp, fee and slippage, 2.8× 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: +$86.16Long QFEX: 24 payments, $0.00; short BingX: 3 payments, +$86.16.
- Watch: Gap narrower than usual−0.079% vs +1.880%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short 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: 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+0.0178%/8h × 21 periods+$37.47
Price spread−0.079% → +1.880% (7d avg)−$195.89
Slippage, 4 orderslive order books−$153.67
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$342.09
Costs to cover1.837%Break-even70.9 days
Slippage: QFEX: live order book, 2 min ago; BingX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.2430.0 bp−$3030.7 bp−$307doesn’t fitdoesn’t fit
SELL · SHORTBingX17.4184.2 bp−$84115.5 bp−$1,155209.8 bp−$21.0K342.5 bp−$171.3K
Closing costs about the same again.
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