Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 15.050 | 0 | 0.0000% / 1h | 22m 54s | $239K | $118K | 10x | Long QFEX10% off | |
| SHORT | 15.080 | +0.0191 | get 0.0191% / 8h | 3h 22m | $992K | $1.6M | — | Short BingX |
Price gap+0.199%48s
Funding gap+0.0191% /8h
Both sides work: funding pays +$6 a day on $10k, and the gap is 0.035% above its 7d average: +$4 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0191% /8h now · paid +0.005% over the last 8 hours (all we have)
Price—spread +0.199%48s now · prices read too far apart to compare
Costs−$8418.409% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
The current funding rate is far above what this pair has been paying: over the last 8 hours it paid +0.005% in total, about +0.0054%/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+0.199%
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 size289.4 / 121.3 bpAt $10k entering QFEX costs 289.4 bp, fee and slippage, 2.4× 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: +$5.73Long QFEX: 24 payments, $0.00; short BingX: 3 payments, +$5.73.
- Watch: Prices read 48 s apart+0.199% vs +0.164%Part of this gap may be the market moving.
- Watch: Long leg is thinner$239K vs $992K OIQFEX 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+0.0054%/8h × 21 periods+$11.35
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$810.93
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$829.58
price spread not counted: prices read too far apartCosts to cover8.409%Break-even518.7 days
Slippage: QFEX: live order book, 5 min ago; BingX: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX252.83289.4 bp−$289301.3 bp−$3,013doesn’t fitdoesn’t fit
SELL · SHORTBingX33.24121.3 bp−$121888.9 bp−$8,8891213.7 bp−$121.4Kdoesn’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 |
