Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 14.800 | +0.0233 | pay 0.0233% / 8h | 4h 29m | $992K | $1.6M | — | Long BingX | |
| SHORT | 14.760 | 0 | 0.0000% / 1h | 29m 38s | $226K | $114K | 10x | Short QFEX10% off |
Price gap−0.270%
Funding gap−0.0233% /8h
Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 0.068% 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−$1−0.0233% /8h now · paid −0.005% over the last 7 hours (all we have)
Price−$7spread −0.270% now, avg −0.202% → −0.068% if it goes back
Costs−$2752.749% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 hours it paid −0.005% in total, about −0.0063%/8h on average.
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−0.270%
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
/8hLUNR on 8 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size115.2 / 20.1 bpAt $10k entering BingX costs 115.2 bp, fee and slippage, 5.7× QFEX’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: −$6.99Long BingX: 3 payments, −$6.99; short QFEX: 24 payments, $0.00.
- Watch: Gap narrower than usual−0.270% vs −0.202%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$226K vs $992K OIQFEX 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−0.0063%/8h × 21 periods−$13.29
Price spread−0.270% → −0.202% (7d avg)−$6.80
Slippage, 4 orderslive order books−$244.92
Fee BingX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$295.02
Costs to cover2.749%Break-evennever at this rate
Slippage: BingX: live order book, 6 min ago; QFEX: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX33.58115.2 bp−$115204.0 bp−$2,040314.6 bp−$31.5K806.5 bp−$403.3K
SELL · SHORTQFEX3.3720.1 bp−$2025.0 bp−$250doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-06 17:00 | QFEX | Other | $LUNR - Intuitive Machines, Inc. is now trading 24/7 @QFEX on X ↗ |
| 10-06 11:22 | QFEX | Listing | new market LUNR-USD ($LUNR) seen by our collector |
