Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 512.62 | +0.0362 | pay 0.0362% / 8h | 4h 10m | $959K | $1.2M | — | Long BingX | |
| SHORT | 512.58 | 0 | 0.0000% / 1h | 10m 37s | $1.1M | $645K | 10x | Short QFEX |
Price gap−0.008%
Funding gap−0.0362% /8h
Both sides work against this direction now: funding costs $11 a day on $10k and the gap is 0.090% 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−$104−0.0362% /8h now · paid −1.037% over the last 7D
Price−$9spread −0.008% now, avg +0.082% → −0.090% if it goes back
Costs−$680.677% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.008%
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
/8hLMT on 6 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size10.6 / 23.0 bpAt $10k entering QFEX costs 23.0 bp, fee and slippage, 2.2× 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: −$10.86Long BingX: 3 payments, −$10.86; short QFEX: 24 payments, $0.00.
- Watch: Gap narrower than usual−0.008% vs +0.082%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$959K 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−0.0494%/8h × 21 periods−$103.67
Price spread−0.008% → +0.082% (7d avg)−$8.97
Slippage, 4 orderslive order books−$37.66
Fee BingX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$180.30
Costs to cover0.677%Break-evennever at this rate
Slippage: BingX: live order book, 10 min ago; QFEX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX2.9210.6 bp−$1131.3 bp−$313doesn’t fitdoesn’t fit
SELL · SHORTQFEX1.5623.0 bp−$2331.6 bp−$316doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market LMT/USD ($LMT) seen by our collector |

gTrade (Gains Network)