Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 187.39 | −0.0001 | 0.0000% / 1h | 3m 57s | $1.1M | $691K | 10x | Long QFEX | |
| SHORT | 188.10 | +0.0050 | get 0.0050% / 8h | 3h 03m | $959K | $1.2M | — | Short BingX |
Price gap+0.379%
Funding gap+0.0051% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.148% above its 7d average: +$15 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$127+0.0051% /8h now · paid +1.274% over the last 7D
Price+$15spread +0.379% now, avg +0.231% → +0.148% if it goes back
Costs−$2282.284% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.379%
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
/8hRTX on 4 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size43.8 / 69.7 bpAt $10k entering BingX costs 69.7 bp, fee and slippage, 1.6× 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: +$1.54Long QFEX: 24 payments, +$0.04; short BingX: 3 payments, +$1.50.
- OK: Entry gap works for you+0.379% vs +0.231%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$959K vs $1.1M 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+0.0607%/8h × 21 periods+$127.38
Price spread+0.379% → +0.231% (7d avg)+$14.78
Slippage, 4 orderslive order books−$198.36
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$86.20
Costs to cover2.284%Break-even11.7 days
Slippage: QFEX: live order book, 5 min ago; BingX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX1.8743.8 bp−$4449.0 bp−$490doesn’t fitdoesn’t fit
SELL · SHORTBingX47.9569.7 bp−$7089.4 bp−$894246.9 bp−$24.7K792.4 bp−$396.2K
Closing costs about the same again.
