Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.0370 | +0.0020 | pay 0.0003% / 1h | 41m 16s | $1.5M | $6.7M | 20x | Long QFEX | |
| SHORT | 3.0400 | +0.0656 | get 0.0328% / 4h | 41m 16s | $979K | $2.5M | — | Short BingX |
Price gap+0.099%
Funding gap+0.0636% /8h
Both sides work: funding pays +$19 a day on $10k, and the gap is 0.060% above its 7d average: +$6 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$71+0.0636% /8h now · paid +0.713% over the last 7D
Price+$6spread +0.099% now, avg +0.039% → +0.060% if it goes back
Costs−$330.332% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.099%
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
/8hNATGAS on 26 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books8.3 / 8.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + —QFEX 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$19.07Long QFEX: 24 payments, −$0.61; short BingX: 6 payments, +$19.68.
- OK: Entry gap works for you+0.099% vs +0.039%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$979K vs $1.5M 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+0.0340%/8h × 21 periods+$71.32
Price spread+0.099% → +0.039% (7d avg)+$5.99
Slippage, 4 orderslive order books−$13.18
Fee QFEX bp × 2 orders−$10.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k+$44.13
Costs to cover0.332%Break-even2.7 days
Slippage: QFEX: live order book, 6 min ago; BingX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX3.298.3 bp−$88.3 bp−$8310.3 bp−$1,026doesn’t fit
SELL · SHORTBingX3.308.3 bp−$811.3 bp−$11325.3 bp−$2,52982.9 bp−$41.4K
Closing costs about the same again.
| 09-29 11:00 | gTrade (Gains Network) | Listing | NATGAS/USD no longer reported ($NATGAS) seen by our collector |
| 09-17 19:02 | tradeXYZ | Other | CVX references 1 share of Chevron Corporation common stock (NYSE: CVX), quoted in USD. Chevron produces crude oil and natural gas and manufactures transportation fuels, lubricants, and petrochemicals. @tradexyz on X ↗ |

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