Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 54.640 | 0 | 0.0000% / 1h | 2m 39s | $1.1M | $1.5M | 10x | Long QFEX | |
| SHORT | 54.840 | +0.0050 | get 0.0050% / 8h | 3h 02m | $946K | $1.3M | — | Short BingX |
Price gap+0.366%57s
Funding gap+0.0050% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.098% above its 7d average: +$10 more if it goes back.
The two prices were read 57 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$52+0.0050% /8h now · paid +0.520% over the last 7D
Price—spread +0.366%57s now · prices read too far apart to compare
Costs−$2492.491% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.366%
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
/8hSHAZ on 12 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size79.8 / 38.8 bpAt $10k entering QFEX costs 79.8 bp, fee and slippage, 2.1× BingX’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.
- Watch: Prices read 57 s apart+0.366% vs +0.268%Part of this gap may be the market moving.
- Watch: Short leg is thinner$946K 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+0.0247%/8h × 21 periods+$51.95
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$219.14
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$197.19
price spread not counted: prices read too far apartCosts to cover2.491%Break-even33.6 days
Slippage: QFEX: live order book, 3 min ago; BingX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.7579.8 bp−$8081.5 bp−$815doesn’t fitdoesn’t fit
SELL · SHORTBingX12.8038.8 bp−$3990.6 bp−$906390.0 bp−$39.0K832.6 bp−$416.3K
Closing costs about the same again.
| 09-28 19:52 | gTrade (Gains Network) | Listing | SHAZ/USD no longer reported ($SHAZ) seen by our collector |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market SHAZ/USD ($SHAZ) seen by our collector |
gTrade (Gains Network)