Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 120.96 | +0.0217 | pay 0.0217% / 8h | 3h 29m | $926K | $8.6M | — | Long BingX | |
| SHORT | 120.87 | +0.0057 | get 0.0007% / 1h | 29m 58s | $1.3M | $4.9M | 10x | Short QFEX |
Price gap−0.074%
Funding gap−0.0160% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.032% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$44−0.0160% /8h now · paid −0.443% over the last 7D
Price−$3spread −0.074% now, avg −0.042% → −0.032% if it goes back
Costs−$370.373% 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−0.074%
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
/8hINTC on 36 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- OK: Fits both order books6.2 / 12.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- 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: −$4.79Long BingX: 3 payments, −$6.51; short QFEX: 24 payments, +$1.72.
- Watch: Gap narrower than usual−0.074% vs −0.042%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$926K vs $1.3M 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−0.0211%/8h × 21 periods−$44.32
Price spread−0.074% → −0.042% (7d avg)−$3.25
Slippage, 4 orderslive order books−$7.25
Fee BingX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$84.82
Costs to cover0.373%Break-evennever at this rate
Slippage: BingX: live order book, 13 min ago; QFEX: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.416.2 bp−$67.6 bp−$7614.7 bp−$1,47155.7 bp−$27.9K
SELL · SHORTQFEX2.4812.5 bp−$1212.5 bp−$12514.4 bp−$1,439doesn’t fit
Closing costs about the same again.
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