Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 35.650 | 0 | 0.0000% / 1h | 51m 12s | $1.3M | $359K | 10x | Long QFEX | |
| SHORT | 35.884 | +0.1453 | get 0.1453% / 8h | 4h 51m | $357K | $1.3M | — | Short BingX |
Price gap+0.656%
Funding gap+0.1453% /8h
Both sides work: funding pays +$44 a day on $10k, and the gap is 0.129% above its 7d average: +$13 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$186+0.1453% /8h now · paid +1.864% over the last 7D
Price+$13spread +0.656% now, avg +0.527% → +0.129% if it goes back
Costs−$800.795% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.656%
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
/8hNKE on 7 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size21.0 / 22.6 bpAt $10k entering BingX costs 22.6 bp, fee and slippage, 1.1× QFEX’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: +$43.59Long QFEX: 24 payments, $0.00; short BingX: 3 payments, +$43.59.
- OK: Entry gap works for you+0.656% vs +0.527%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$357K vs $1.3M 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+0.0888%/8h × 21 periods+$186.45
Price spread+0.656% → +0.527% (7d avg)+$12.93
Slippage, 4 orderslive order books−$49.53
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k+$119.85
Costs to cover0.795%Break-even2.5 days
Slippage: QFEX: live order book, 5 min ago; BingX: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.8121.0 bp−$2129.1 bp−$291doesn’t fitdoesn’t fit
SELL · SHORTBingX3.3522.6 bp−$2371.8 bp−$718302.4 bp−$30.2K807.4 bp−$403.7K
Closing costs about the same again.
| 09-29 10:05 | Binance | Listing | new market NKEUSDT ($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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