Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 325.63 | +0.0072 | pay 0.0009% / 1h | 2m 51s | $1.1M | $778K | 10x | Long QFEX | |
| SHORT | 326.15 | +0.0050 | get 0.0050% / 8h | 3h 02m | $958K | $1.2M | — | Short BingX |
Price gap+0.160%
Funding gap−0.0022% /8h
The gap pays +$16 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 23 days.
Funding on this pair paid 0.175% 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+$18−0.0022% /8h now · paid +0.175% over the last 7D
Price+$16spread +0.160% now, avg +0.005% → +0.155% if it goes back
Costs−$470.467% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.160%
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
/8hLRCX on 14 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size16.8 / 7.9 bpAt $10k entering QFEX costs 16.8 bp, fee and slippage, 2.1× 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: −$0.67Long QFEX: 24 payments, −$2.17; short BingX: 3 payments, +$1.50.
- OK: Entry gap works for you+0.160% vs +0.005%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$958K 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+0.0084%/8h × 21 periods+$17.54
Price spread+0.160% → +0.005% (7d avg)+$15.50
Slippage, 4 orderslive order books−$16.73
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$13.69
Costs to cover0.467%Break-even12.5 days
Slippage: QFEX: live order book, 7 min ago; BingX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX1.3816.8 bp−$17doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX0.157.9 bp−$824.1 bp−$241131.3 bp−$13.1K807.9 bp−$403.9K
Closing costs about the same again.
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| 09-24 14:10 | Avantis | Listing | new market LRCX/USD ($LRCX) seen by our collector |
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