Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 53.990 | +0.0050 | pay 0.0050% / 8h | 53m 54s | $931K | $1.7M | — | Long BingX | |
| SHORT | 53.940 | 0 | 0.0000% / 1h | 53m 54s | $1.1M | $1.1M | 30x | Short QFEX |
Price gap−0.093%48s
Funding gap−0.0050% /8h
The gap pays +$65 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 43 days. At the last 7 days' pace that is about 16 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$28−0.0050% /8h now · paid −0.284% over the last 7D
Price—spread −0.093%48s now · prices read too far apart to compare
Costs−$2912.906% 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−0.093%
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
/8hXLF on 4 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size134.7 / 11.4 bpAt $10k entering BingX costs 134.7 bp, fee and slippage, 11.8× QFEX’s.
- Note: Margin at max leverage— + $333BingX —, QFEX 30x. 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: −$1.50Long BingX: 3 payments, −$1.50; short QFEX: 24 payments, $0.00.
- Watch: Prices read 48 s apart−0.093% vs −0.745%Part of this gap may be the market moving.
- Watch: Long leg is thinner$931K vs $1.1M 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−0.0135%/8h × 21 periods−$28.43
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$270.57
Fee BingX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k−$319.01
price spread not counted: prices read too far apartCosts to cover2.906%Break-evennever at this rate
Slippage: BingX: live order book, 13 min ago; QFEX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX16.67134.7 bp−$135295.9 bp−$2,959408.4 bp−$40.8K771.5 bp−$385.8K
SELL · SHORTQFEX2.7811.4 bp−$1112.3 bp−$123doesn’t fitdoesn’t fit
Closing costs about the same again.