Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 78.550 | +0.1375 | pay 0.1375% / 8h | 35m 27s | — | $9K | 25x | Long BloFin | |
| SHORT | 77.960 | 0 | 0.0000% / 1h | 35m 27s | $1.6M | $12.9M | 10x | Short QFEX |
Price gap−0.751%99s
Funding gap−0.1375% /8h
Both sides work against this direction now: funding costs $41 a day on $10k and the gap is 0.751% under zero (no 7-day history yet). Swap the legs.
The two prices were read 99 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—−0.1375% /8h now · no funding history yet
Price—spread −0.751%99s now · prices read too far apart to compare
Costsno datano order book for BloFin
Result, before costs—no pointsneeds funding history
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
QFEX price against BloFinnow
RANGE STATS · 7D
Now−0.751%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hTLT on 9 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Note: Order book unknown—No order-book sample for BloFin: its slippage is not counted.
- Note: Margin at max leverage$400 + $1,000BloFin 25x, 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: −$41.24Long BloFin: 3 payments, −$41.24; short QFEX: 24 payments, $0.00.
- Watch: Prices read 99 s apart−0.751% vs —Part of this gap may be the market moving.
- Watch: Long leg is thinner— vs $1.6M OIBloFin sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBloFin Limited · QFEX NoNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate−$288.70
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for BloFin—
Fee BloFin bp × 2 orders−$12.00
Fee QFEX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$310.70
price spread not counted: prices read too far apartCosts to cover0.220%Break-evennever at this rate
Slippage: BloFin: no order-book sample; QFEX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin—————
SELL · SHORTQFEX0.645.6 bp−$65.6 bp−$5611.7 bp−$1,170doesn’t fit
Closing costs about the same again.
BloFin: no data.
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