Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 8.3700 | 0 | 0.0000% / 8h | 5h 08m | $132K | $153K | 20x | Long Binance | |
| SHORT | 8.3600 | −0.0001 | 0.0000% / 1h | 8m 18s | $1.2M | $18K | 10x | Short QFEX10% back |
Price gap−0.119%
Funding gap−0.0002% /8h
Funding is ≈ 0, so this is a price-spread trade: +$6 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$16−0.0002% /8h now · paid −0.161% over the last 7D
Price+$6spread −0.119% now, avg −0.180% → +0.060% if it goes back
Costs−$8768.761% 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−0.119%
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
/8hRDW on 11 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size40.5 / 398.7 bpAt $10k entering QFEX costs 398.7 bp, fee and slippage, 9.8× Binance’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: −$0.05Long Binance: 3 payments, −$0.01; short QFEX: 24 payments, −$0.03.
- OK: Entry gap works for you−0.119% vs −0.180%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$132K vs $1.2M 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 earned−0.0076%/8h × 21 periods−$16.05
Price spread−0.119% → −0.180% (7d avg)+$6.05
Slippage, 4 orderslive order books−$848.11
Fee Binance bp × 2 orders−$8.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$886.11
Costs to cover8.761%Break-evennever at this rate
Slippage: Binance: live order book, 24 min ago; QFEX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance11.9240.5 bp−$41doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTQFEX11.96398.7 bp−$399436.4 bp−$4,364doesn’t fitdoesn’t fit
Closing costs about the same again.