Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 137.94 | +0.0002 | 0.0000% / 1h | 28m 26s | $1.2M | $541K | 10x | Long QFEX | |
| SHORT | 138.18 | +0.0050 | get 0.0050% / 8h | 6h 28m | $939K | $1.6M | — | Short BingX |
Price gap+0.174%
Funding gap+0.0048% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.041% above its 7d average: +$4 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$17+0.0048% /8h now · paid +0.167% over the last 7D
Price+$4spread +0.174% now, avg +0.133% → +0.041% if it goes back
Costs−$820.822% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Entry / ExitBingX: thin, under $1M open interest
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+0.174%
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
/8hVST on 10 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size15.7 / 29.5 bpAt $10k entering BingX costs 29.5 bp, fee and slippage, 1.9× 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: +$1.44Long QFEX: 24 payments, −$0.06; short BingX: 3 payments, +$1.50.
- OK: Entry gap works for you+0.174% vs +0.133%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$939K vs $1.2M 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+0.0079%/8h × 21 periods+$16.67
Price spread+0.174% → +0.133% (7d avg)+$4.12
Slippage, 4 orderslive order books−$52.17
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$61.38
Costs to cover0.822%Break-even32.8 days
Slippage: QFEX: live order book, 3 min ago; BingX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX3.6315.7 bp−$1620.0 bp−$200doesn’t fitdoesn’t fit
SELL · SHORTBingX11.5829.5 bp−$2979.7 bp−$797190.4 bp−$19.0K727.1 bp−$363.5K
Closing costs about the same again.
| 09-23 15:03 | Paragon | Other | A Vistra affiliate is supplying power into a Texas data-center build. $VST trades 24/7 on Hyperliquid. Up to 10x leverage. Trade now: @tradeparagon on X ↗ |

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