Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 324.45 | +0.0050 | pay 0.0050% / 8h | 4h 45m | $989K | $1.2M | — | Long BingX | |
| SHORT | 323.06 | 0 | 0.0000% / 1h | 45m 58s | $252K | $917 | 10x | Short QFEX10% back |
Price gap−0.428%48s
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.328% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$20−0.0050% /8h now · paid −0.199% over the last 7D
Price—spread −0.428%48s now · prices read too far apart to compare
Costs−$2902.896% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
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−0.428%
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
/8hSNOW on 13 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size41.6 / 105.0 bpAt $10k entering QFEX costs 105.0 bp, fee and slippage, 2.5× BingX’s.
- 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−0.428% vs −0.101%Part of this gap may be the market moving.
- Watch: Short leg is thinner$252K vs $989K 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 earned−0.0095%/8h × 21 periods−$19.87
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$259.63
Fee BingX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$309.50
price spread not counted: prices read too far apartCosts to cover2.896%Break-evennever at this rate
Slippage: BingX: live order book, 3 min ago; QFEX: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX2.0041.6 bp−$4295.1 bp−$951320.7 bp−$32.1K766.5 bp−$383.2K
SELL · SHORTQFEX2.32105.0 bp−$105doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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