Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 208.06 | +0.0050 | pay 0.0050% / 8h | 1h 15m | $950K | $1.3M | — | Long BingX | |
| SHORT | 207.98 | −0.0042 | pay 0.0005% / 1h | 15m 54s | $1.2M | $2.0M | 10x | Short QFEX |
Price gap−0.038%48s
Funding gap−0.0092% /8h
Funding costs $3 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$39−0.0092% /8h now · paid −0.393% over the last 7D
Price—spread −0.038%48s now · prices read too far apart to compare
Costs−$870.866% 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−0.038%
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
/8hTTWO on 15 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size25.5 / 16.1 bpAt $10k entering BingX costs 25.5 bp, fee and slippage, 1.6× QFEX’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: −$2.76Long BingX: 3 payments, −$1.50; short QFEX: 24 payments, −$1.26.
- Watch: Prices read 48 s apart−0.038% vs −0.021%Part of this gap may be the market moving.
- Watch: Long leg is thinner$950K vs $1.2M OIBingX 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−0.0187%/8h × 21 periods−$39.28
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$56.56
Fee BingX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$125.84
price spread not counted: prices read too far apartCosts to cover0.866%Break-evennever at this rate
Slippage: BingX: live order book, 15 min ago; QFEX: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX6.2525.5 bp−$2694.4 bp−$944715.1 bp−$71.5Kdoesn’t fit
SELL · SHORTQFEX1.6816.1 bp−$16doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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