Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 386.09 | +0.0014 | pay 0.0002% / 1h | 13m 28s | $1.7M | $51K | 10x | Long QFEX10% back | |
| SHORT | 385.92 | +0.0050 | get 0.0050% / 8h | 3h 13m | $917K | $1.8M | — | Short BingX |
Price gap−0.044%
Funding gap+0.0036% /8h
Funding pays +$1 a day on $10k, but the gap is 0.159% under its 7d average: −$16 if it goes back, about 15 days of funding. At the last 7 days' pace that is about 6.1 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$18+0.0036% /8h now · paid +0.182% over the last 7D
Price−$16spread −0.044% now, avg +0.115% → −0.159% if it goes back
Costs−$470.469% 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−0.044%
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 books13.3 / 11.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- 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: +$1.07Long QFEX: 24 payments, −$0.43; short BingX: 3 payments, +$1.50.
- Watch: Gap narrower than usual−0.044% vs +0.115%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short 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: 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+0.0087%/8h × 21 periods+$18.17
Price spread−0.044% → +0.115% (7d avg)−$15.86
Slippage, 4 orderslive order books−$16.92
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$44.61
Costs to cover0.469%Break-even24.2 days
Slippage: QFEX: live order book, 7 min ago; BingX: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX1.6813.3 bp−$1321.5 bp−$215doesn’t fitdoesn’t fit
SELL · SHORTBingX2.0711.7 bp−$1215.8 bp−$15832.6 bp−$3,263581.1 bp−$290.6K
Closing costs about the same again.
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