Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 35.923 | +0.0030 | pay 0.0030% / 8h | 39m 02s | $118K | $385K | 20x | Long Binance | |
| SHORT | 35.880 | 0 | 0.0000% / 1h | 39m 02s | $1.3M | $722K | 10x | Short QFEX |
Price gap−0.119%
Funding gap−0.0030% /8h
The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 4.7 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.0030% /8h now · no funding history yet
Price+$4spread −0.119% now, avg −0.160% → +0.042% if it goes back
Costs−$1351.353% of $10k · taker + slippage, in and out
Result—no pointsneeds funding history
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
QFEX price against Binancenow
RANGE STATS · 7D
Now−0.119%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNKE on 6 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size60.9 / 7.8 bpAt $10k entering Binance costs 60.9 bp, fee and slippage, 7.8× QFEX’s.
- Note: Margin at max leverage$500 + $1,000Binance 20x, 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: −$0.89Long Binance: 3 payments, −$0.90; short QFEX: 24 payments, $0.00.
- OK: Entry gap works for you−0.119% vs −0.160%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$118K vs $1.3M OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · QFEX NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate−$6.26
Price spread−0.119% → −0.160% (7d avg)+$4.17
Slippage, 4 orderslive order books−$115.26
Fee Binance bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k−$137.35
Costs to cover1.353%Break-evennever at this rate
Slippage: Binance: live order book, 12 min ago; QFEX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance4.1660.9 bp−$611981.1 bp−$19.8Kdoesn’t fitdoesn’t fit
SELL · SHORTQFEX2.797.8 bp−$813.2 bp−$132doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 10:05 | Binance | Listing | new market NKEUSDT ($NKE) seen by our collector |
| 09-28 19:52 | gTrade (Gains Network) | Listing | NKE/USD no longer reported ($NKE) seen by our collector |
| 09-28 16:00 | Binance | Other | The show runs 24/7. 🍿 📌 Tue: JOLTS, an early look at labor demand 📌 Fri: NFP & Unemployment, the big one for rate expectations 📌 Earnings: Micron (AI/chips), Nike (consumer), Accenture (tech services), Carnival (travel) & more This week on Binance. 👉 @binance on X ↗ |
| 09-28 03:30 | Gate | Other | What could move US stocks this week? PCE inflation and the September jobs report return to focus, while Micron earnings will test whether AI infrastructure demand remains strong. • Sep. 29: US JOLTS job openings • Sep. 30: US PCE inflation + Micron earnings • Oct. 1: Accenture + Nike earnings • Oct. 2: US September jobs report Can AI stocks stay strong if Treasury yields rise again, and will consumer demand remain resilient? Read the full outlook: @Gate on X ↗ |
| 09-26 14:34 | Backpack | Other | Earnings & macro events to watch for the week of September 28. ▸ Earnings: $MU $NKE $ACN $CCL $KMX $JBL ▸ Macro: US PCE inflation, JOLTS job openings, ISM manufacturing, September jobs report Full market calendar → @Backpack on X ↗ |
| 09-25 23:00 | Kalshi | Other | JUST IN: Nike stock hits new 12-year low @Kalshi on X ↗ |
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