Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 385.85 | +0.0050 | pay 0.0050% / 8h | 2h 23m | $917K | $1.8M | — | Long BingX | |
| SHORT | 385.33 | −0.0022 | pay 0.0003% / 1h | 23m 21s | $1.7M | $52K | 10x | Short QFEX10% back |
Price gap−0.135%
Funding gap−0.0072% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.020% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$18−0.0072% /8h now · paid −0.182% over the last 7D
Price−$2spread −0.135% now, avg −0.114% → −0.020% if it goes back
Costs−$450.447% of $10k · taker + slippage, in and out
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−0.135%
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
/8hWDC on 20 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- OK: Fits both order books11.0 / 11.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- 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: −$2.17Long BingX: 3 payments, −$1.50; short QFEX: 24 payments, −$0.67.
- Watch: Gap narrower than usual−0.135% vs −0.114%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$917K vs $1.7M 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−0.0087%/8h × 21 periods−$18.17
Price spread−0.135% → −0.114% (7d avg)−$2.03
Slippage, 4 orderslive order books−$14.68
Fee BingX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$64.87
Costs to cover0.447%Break-evennever at this rate
Slippage: BingX: live order book, 17 min ago; QFEX: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.3911.0 bp−$1120.2 bp−$20260.1 bp−$6,008675.3 bp−$337.7K
SELL · SHORTQFEX1.0411.7 bp−$12doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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