Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 212.25 | 0 | 0.0000% / 1h | 34m 35s | $192K | $33K | 10x | Long QFEX10% off | |
| SHORT | 211.67 | +0.0050 | get 0.0050% / 8h | 34m 35s | $286K | $1.3M | — | Short BingX |
Price gap−0.273%
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 0.380% under its 7d average: −$38 if it goes back, about 25 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$11+0.0050% /8h now · paid +0.109% over the last 7D
Price−$38spread −0.273% now, avg +0.107% → −0.380% if it goes back
Costs−$4324.320% 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−0.273%
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
/8hZS on 9 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size179.2 / 29.6 bpAt $10k entering QFEX costs 179.2 bp, fee and slippage, 6.0× BingX’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: +$1.50Long QFEX: 24 payments, $0.00; short BingX: 3 payments, +$1.50.
- Watch: Gap narrower than usual−0.273% vs +0.107%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$192K vs $286K OIQFEX 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+0.0052%/8h × 21 periods+$10.89
Price spread−0.273% → +0.107% (7d avg)−$38.02
Slippage, 4 orderslive order books−$402.03
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$459.16
Costs to cover4.320%Break-even302.2 days
Slippage: QFEX: live order book, 33 min ago; BingX: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX152.32179.2 bp−$179187.1 bp−$1,871doesn’t fitdoesn’t fit
SELL · SHORTBingX21.5029.6 bp−$3088.0 bp−$880155.2 bp−$15.5K463.9 bp−$232.0K
Closing costs about the same again.
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