Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 15.850 | +0.0050 | pay 0.0050% / 8h | 2h 27m | $962K | $1.2M | — | Long BingX | |
| SHORT | 15.830 | 0 | 0.0000% / 1h | 27m 56s | $84K | $22K | 10x | Short QFEX |
Price gap−0.126%48s
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.126% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.0050% /8h now · no funding history yet
Price—spread −0.126%48s now · prices read too far apart to compare
Costsno datano order book for QFEX
Result, before costs—no pointsneeds funding history
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−0.126%
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
/8hPAYP on 10 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Note: Order book unknown—No order-book sample for QFEX: its slippage is not counted.
- Note: Margin at max leverage— + $1,000BingX —, 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: −$1.50Long BingX: 3 payments, −$1.50; short QFEX: 24 payments, $0.00.
- Watch: Prices read 48 s apart−0.126% vs —Part of this gap may be the market moving.
- Watch: Short leg is thinner$84K vs $962K OIQFEX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · QFEX NoAdvanced 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 earnedno history yet: current rate−$10.50
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for QFEX—
Fee BingX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$20.00
Net, fees only · 7 days · $10k−$40.50
price spread not counted: prices read too far apartCosts to cover0.300%Break-evennever at this rate
Slippage: BingX: live order book, 15 min ago; QFEX: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBingX6.3139.8 bp−$40142.8 bp−$1,428225.7 bp−$22.6K758.8 bp−$379.4K
SELL · SHORTQFEX—————
Closing costs about the same again.
QFEX: no data.
| 09-28 16:00 | QFEX | Other | $PAYP - PayPay Corporation is now trading 24/7 on QFEX @QFEX on X ↗ |
| 09-28 14:22 | QFEX | Listing | new market PAYP-USD ($PAYP) seen by our collector |