Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 11.990 | 0 | 0.0000% / 1h | 5m 05s | $165K | $89K | 10x | Long QFEX10% back | |
| SHORT | 12.410 | +0.0050 | get 0.0050% / 8h | 4h 05m | $291K | $1.4M | — | Short BingX |
Price gap+3.503%
Funding gap+0.0050% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.767% above its 7d average: +$77 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0050% /8h now · paid +0.005% over the last 5 hours (all we have)
Price+$77spread +3.503% now, avg +2.736% → +0.767% if it goes back
Costs−$3183.180% of $10k · taker + slippage, in and out
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+3.503%
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
/8hNU on 5 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size22.5 / 165.8 bpAt $10k entering BingX costs 165.8 bp, fee and slippage, 7.4× 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: +$1.50Long QFEX: 24 payments, $0.00; short BingX: 3 payments, +$1.50.
- OK: Entry gap works for you+3.503% vs +2.736%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$165K vs $291K OIQFEX 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+0.0081%/8h × 21 periods+$17.11
Price spread+3.503% → +2.736% (7d avg)+$76.66
Slippage, 4 orderslive order books−$288.02
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$224.26
Costs to cover3.180%Break-even98.8 days
Slippage: QFEX: live order book, 42 min ago; BingX: live order book, 13 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX4.1622.5 bp−$2236.2 bp−$362doesn’t fitdoesn’t fit
SELL · SHORTBingX28.33165.8 bp−$166602.3 bp−$6,023862.8 bp−$86.3Kdoesn’t fit
Closing costs about the same again.
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