Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 375.18 | 0 | 0.0000% / 1h | 0m 54s | $1.1M | $641K | 10x | Long QFEX | |
| SHORT | 375.80 | 0 | 0.0000% / 8h | 1h 00m | $27K | $1.1M | 20x | Short Binance |
Price gap+0.164%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$12 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 1 day (all we have)
Price+$12spread +0.164% now, avg +0.045% → +0.119% if it goes back
Costs−$5965.955% of $10k · taker + slippage, in and out
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
Binance price against QFEXnow
RANGE STATS · 7D
Now+0.164%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hUNH on 8 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size261.7 / 31.6 bpAt $10k entering QFEX costs 261.7 bp, fee and slippage, 8.3× Binance’s.
- Note: Margin at max leverage$1,000 + $500QFEX 10x, Binance 20x. 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: $0.00Long QFEX: 24 payments, $0.00; short Binance: 3 payments, $0.00.
- OK: Entry gap works for you+0.164% vs +0.045%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$27K vs $1.1M OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX No · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods−$0.04
Price spread+0.164% → +0.045% (7d avg)+$11.91
Slippage, 4 orderslive order books−$575.52
Fee QFEX bp × 2 orders−$10.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$583.66
Costs to cover5.955%Break-evennever at this rate
Slippage: QFEX: live order book, 4 min ago; Binance: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX252.14261.7 bp−$262doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBinance9.1731.6 bp−$32doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
BloFin