Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 36.110 | 0 | 0.0000% / 1h | 23m 16s | $1.3M | $663K | 10x | Long QFEX | |
| SHORT | 36.120 | +0.0133 | get 0.0133% / 8h | 1h 23m | $117K | $364K | 20x | Short Binance |
Price gap+0.028%
Funding gap+0.0133% /8h
Funding pays +$4 a day on $10k, but the gap is 0.118% under its 7d average: −$12 if it goes back, about 2.9 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—+0.0133% /8h now · no funding history yet
Price−$12spread +0.028% now, avg +0.145% → −0.118% if it goes back
Costs−$1151.154% 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
Binance price against QFEXnow
RANGE STATS · 7D
Now+0.028%
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
0 ok · 5 to watch- Watch: Thin at this size7.8 / 48.4 bpAt $10k entering Binance costs 48.4 bp, fee and slippage, 6.2× QFEX’s.
- Note: Margin at max leverage$1,000 + $500QFEX 10x, Binance 20x. 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: +$4.00Long QFEX: 24 payments, $0.00; short Binance: 3 payments, +$4.00.
- Watch: Gap narrower than usual+0.028% vs +0.145%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$117K vs $1.3M OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX No · Binance YesVerified 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+$28.01
Price spread+0.028% → +0.145% (7d avg)−$11.75
Slippage, 4 orderslive order books−$95.40
Fee QFEX bp × 2 orders−$10.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$99.14
Costs to cover1.154%Break-even31.8 days
Slippage: QFEX: live order book, 8 min ago; Binance: live order book, 43 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.777.8 bp−$813.3 bp−$133doesn’t fitdoesn’t fit
SELL · SHORTBinance5.5448.4 bp−$48336.5 bp−$3,365doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 10:05 | Binance | Listing | new market NKEUSDT ($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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