Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,155.3 | +0.0222 | pay 0.0222% / 8h | 0m 08s | $981K | $1.6M | — | Long BingX | |
| SHORT | 1,155 | +0.0023 | get 0.0003% / 1h | 0m 08s | $1.1M | $1.5M | 10x | Short QFEX |
Price gap−0.030%
Funding gap−0.0199% /8h
Funding costs $6 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$18−0.0199% /8h now · paid −0.177% over the last 7D
Price−$1spread −0.030% now, avg −0.020% → −0.010% if it goes back
Costs−$370.369% 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−0.030%
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
/8hLLY on 21 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- OK: Fits both order books6.4 / 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: −$5.98Long BingX: 3 payments, −$6.66; short QFEX: 24 payments, +$0.68.
- Note: Gap at its usual level−0.030% vs −0.020%The price leg adds little either way.
- Watch: Long leg is thinner$981K vs $1.1M 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−0.0084%/8h × 21 periods−$17.71
Price spread−0.030% → −0.020% (7d avg)−$1.02
Slippage, 4 orderslive order books−$6.87
Fee BingX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$55.60
Costs to cover0.369%Break-evennever at this rate
Slippage: BingX: live order book, 5 min ago; QFEX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.046.4 bp−$611.2 bp−$11292.4 bp−$9,236719.6 bp−$359.8K
SELL · SHORTQFEX2.1612.5 bp−$1317.3 bp−$173doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-18 17:43 | Avantis | Other | Biotech. $LLY — orals expanding the market, or trading injectable economics for cash-pay economics? $MRNA — Intismeran turns a per-patient therapy into a real franchise, or the readout bought optionality the balance sheet still has to finance? @verantaxyz on X ↗ |

Avantis