Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 82.260 | +0.0006 | pay 0.0001% / 1h | 54m 11s | $1.1M | $51K | 10x | Long QFEX | |
| SHORT | 82.530 | +0.0064 | get 0.0064% / 8h | 4h 54m | $967K | $1.3M | — | Short BingX |
Price gap+0.328%
Funding gap+0.0058% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.297% above its 7d average: +$30 more if it goes back.
Funding on this pair cost 0.082% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8+0.0058% /8h now · paid −0.082% over the last 7D
Price+$30spread +0.328% now, avg +0.031% → +0.297% if it goes back
Costs−$1431.428% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.328%
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
/8hTEM on 10 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size34.8 / 38.4 bpAt $10k entering BingX costs 38.4 bp, fee and slippage, 1.1× 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: +$1.75Long QFEX: 24 payments, −$0.17; short BingX: 3 payments, +$1.92.
- OK: Entry gap works for you+0.328% vs +0.031%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$967K 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−0.0039%/8h × 21 periods−$8.21
Price spread+0.328% → +0.031% (7d avg)+$29.72
Slippage, 4 orderslive order books−$112.75
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$121.24
Costs to cover1.428%Break-evennever at this rate
Slippage: QFEX: live order book, 1 min ago; BingX: live order book, 13 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX3.0434.8 bp−$3539.3 bp−$393doesn’t fitdoesn’t fit
SELL · SHORTBingX14.5138.4 bp−$38133.4 bp−$1,334305.2 bp−$30.5K740.5 bp−$370.3K
Closing costs about the same again.
OKX