Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 99.010 | −0.0160 | get 0.0020% / 1h | 50m 33s | $2.3M | $533K | 10x | Long QFEX10% back | |
| SHORT | 99.420 | −0.0148 | pay 0.0148% / 8h | 2h 50m | $972K | $1.2M | — | Short BingX |
Price gap+0.414%
Funding gap+0.0012% /8h
Both sides work: funding pays $0 a day on $10k, and the gap is 0.248% above its 7d average: +$25 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$7+0.0012% /8h now · paid −0.070% over the last 7D
Price+$25spread +0.414% now, avg +0.166% → +0.248% if it goes back
Costs−$850.855% 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+0.414%
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
/8hSTRC on 17 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size35.3 / 7.4 bpAt $10k entering QFEX costs 35.3 bp, fee and slippage, 4.8× 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: +$0.36Long QFEX: 24 payments, +$4.80; short BingX: 3 payments, −$4.44.
- OK: Entry gap works for you+0.414% vs +0.166%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$972K vs $2.3M 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−0.0033%/8h × 21 periods−$7.00
Price spread+0.414% → +0.166% (7d avg)+$24.83
Slippage, 4 orderslive order books−$55.45
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$67.62
Costs to cover0.855%Break-evennever at this rate
Slippage: QFEX: live order book, 6 min ago; BingX: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX25.2535.3 bp−$3558.3 bp−$583doesn’t fitdoesn’t fit
SELL · SHORTBingX0.507.4 bp−$721.6 bp−$21674.7 bp−$7,467339.4 bp−$169.7K
Closing costs about the same again.
| 10-18 05:09 | BingX | Token | $BTC rebounds, and $MSTR follows with a 5.62% jump 📈 A fresh Bitcoin purchase and $192M STRC buyback keep Strategy in focus What's driving the momentum? Read more👇 @BingXOfficial on X ↗ |
| 10-02 12:00 | KuCoin | Other | Bitcoin's next big market may not be owning BTC at all—it may be financing the companies that hold it. "Digital credit" barely existed two years ago; it's now an estimated $16 billion market. Strategy's STRC pays a 12% annualized dividend twice a month, but it isn't backed by Strategy's Bitcoin—and June exposed the risk, when the share fell nearly 29% below its $100 stated value and Strategy sold BTC to cover dividends. Could this $16B market really rival Bitcoin's $1.5T cap? We break it all down on the KuCoin Blog 👇 @kucoincom on X ↗ |
| 09-18 17:43 | Avantis | Other | Advanced tech. $NOW — Agentic AI is the growth engine, or the thing that eats the seat model and the gross margin with it? $RKLB — Neutron flies and re-rates the whole company, or a space-systems manufacturer priced on a rocket that keeps slipping? $STRC — a yield instrument that already broke par once, or credit the ATM engine can still refinance? @verantaxyz on X ↗ |

KuCoin
Avantis