Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 162.48 | −0.0050 | get 0.0050% / 8h | 2h 31m | $959K | $1.6M | — | Long BingX | |
| SHORT | 162.14 | −0.0004 | 0.0000% / 1h | 31m 22s | $1.2M | $473K | 10x | Short QFEX |
Price gap−0.209%
Funding gap+0.0046% /8h
Funding pays +$1 a day on $10k, but the gap is 0.114% under its 7d average: −$11 if it goes back, about 8.2 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1+0.0046% /8h now · paid −0.011% over the last 7D
Price−$11spread −0.209% now, avg −0.095% → −0.114% if it goes back
Costs−$1351.347% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.209%
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
/8hXOM on 10 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size32.3 / 29.6 bpAt $10k entering BingX costs 32.3 bp, fee and slippage, 1.1× QFEX’s.
- 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: +$1.39Long BingX: 3 payments, +$1.50; short QFEX: 24 payments, −$0.11.
- Watch: Gap narrower than usual−0.209% vs −0.095%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$959K vs $1.2M 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−0.0005%/8h × 21 periods−$1.13
Price spread−0.209% → −0.095% (7d avg)−$11.44
Slippage, 4 orderslive order books−$104.67
Fee BingX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$147.24
Costs to cover1.347%Break-evennever at this rate
Slippage: BingX: live order book, 8 min ago; QFEX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.3132.3 bp−$32164.6 bp−$1,646335.8 bp−$33.6K808.1 bp−$404.0K
SELL · SHORTQFEX3.6929.6 bp−$3032.5 bp−$325doesn’t fitdoesn’t fit
Closing costs about the same again.
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