Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 190.77 | −0.0031 | get 0.0031% / 8h | 6h 42m | $949K | $1.3M | — | Long BingX | |
| SHORT | 190.40 | 0 | 0.0000% / 1h | 42m 01s | $1.1M | $589K | 10x | Short QFEX |
Price gap−0.194%48s
Funding gap+0.0031% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.069% above its 7d average: +$7 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$18+0.0031% /8h now · paid +0.182% over the last 7D
Price—spread −0.194%48s now · prices read too far apart to compare
Costs−$690.693% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
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−0.194%
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
/8hMRNA on 23 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size15.8 / 16.3 bpAt $10k entering QFEX costs 16.3 bp, fee and slippage, 1.0× 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: +$0.93Long BingX: 3 payments, +$0.93; short QFEX: 24 payments, $0.00.
- Watch: Prices read 48 s apart−0.194% vs −0.263%Part of this gap may be the market moving.
- Watch: Long leg is thinner$949K 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+0.0087%/8h × 21 periods+$18.24
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$39.26
Fee BingX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$51.02
price spread not counted: prices read too far apartCosts to cover0.693%Break-even26.6 days
Slippage: BingX: live order book, 4 min ago; QFEX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX3.4115.8 bp−$1650.3 bp−$503146.7 bp−$14.7K878.9 bp−$439.4K
SELL · SHORTQFEX2.1016.3 bp−$1621.8 bp−$218doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-18 17:43 | Avantis | Other | Biotech. $LLY — orals expanding the market, or trading injectable economics for cash-pay economics? $MRNA — Intismeran turns a per-patient therapy into a real franchise, or the readout bought optionality the balance sheet still has to finance? @verantaxyz on X ↗ |
Avantis