Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 512.52 | 0 | 0.0000% / 1h | 44m 15s | $1.1M | $501K | 10x | Long QFEX | |
| SHORT | 512.36 | −0.0168 | pay 0.0168% / 8h | 4h 44m | $959K | $1.2M | — | Short BingX |
Price gap−0.031%
Funding gap−0.0168% /8h
The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 24 hours.
Funding on this pair paid 1.037% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$104−0.0168% /8h now · paid +1.037% over the last 7D
Price+$5spread −0.031% now, avg −0.082% → +0.051% if it goes back
Costs−$800.803% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.031%
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
1 ok · 4 to watch- Watch: Thin at this size28.7 / 11.0 bpAt $10k entering QFEX costs 28.7 bp, fee and slippage, 2.6× BingX’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: −$5.04Long QFEX: 24 payments, $0.00; short BingX: 3 payments, −$5.04.
- OK: Entry gap works for you−0.031% vs −0.082%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short 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: 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+0.0494%/8h × 21 periods+$103.67
Price spread−0.031% → −0.082% (7d avg)+$5.06
Slippage, 4 orderslive order books−$50.28
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k+$28.45
Costs to cover0.803%Break-even5.1 days
Slippage: QFEX: live order book, 5 min ago; BingX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX1.6628.7 bp−$2939.0 bp−$390doesn’t fitdoesn’t fit
SELL · SHORTBingX2.9311.0 bp−$1134.3 bp−$343doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market LMT/USD ($LMT) seen by our collector |
gTrade (Gains Network)