Funding you earn now, next payment 22:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.008%
Price spread now: QFEX against OKX−0.050%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$590.589% of the position
Funding, last 3 days (all we have)+0.012%+$1 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now −0.050%, 7d avg −0.012%
=Funding pays, the price is against you. QFEX is 0.038% cheaper against OKX than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of −0.012%). If the spread goes back, that is −$4 on $10k: about 12 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AXTI-USDT-SWAP | 80.110 | 0 | get 0.0000% / 8h | 2h 01m | $2.7M | $10.3M | 20x |
| Short | QFEX AXTI-USD | 80.070 | 0.0010 | get 0.0001% / 1h | 1m 14s | $1.1M | $2.8M | 10x |
OKX AXTI-USDT-SWAP
QFEX AXTI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $2.2
- Price spread: −0.050% → −0.012%
- −$3.76
- Slippage, 4 orders
- −$38.91
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$60.47
- Costs to cover
- 0.589%
- Break-even
- 199.3 days
Slippage from OKX: live order book, 2 min ago; QFEX: live order book, 11 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 2 min ago | 3.12 bp | 14.4 bp −$14 | 33.7 bp −$337 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 11 min ago | 8.12 bp | 16.0 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
AXTI on 14 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster AXTIUSDT | 0.0000% | 8h | 80.041 | −0.087% | $8K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 80.082 | −0.035% | $7K | $202K | 10x | as long as short |
| Binance AXTIUSDT | 0.0000% | 8h | 80.080 | −0.037% | $9.0M | $33.1M | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 80.070 | −0.050% | $1.9M | $1.3M | 25x | as long as short |
| OKX AXTI-USDT-SWAPlong | 0.0000% | 8h | 80.110 | long leg | $2.7M | $10.3M | 20x | |
| Gate AXTI_USDT | 0.0000% | 8h | 80.020 | −0.112% | $2.2M | $5.3M | 50x | as long as short |
| Bitget AXTIUSDT | 0.0000% | 8h | 80.080 | −0.037% | $1.7M | $3.5M | 20x | as long as short |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 80.054 | −0.070% | $614 | $198K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 80.090 | −0.025% | $704 | $1.1M | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 80.000 | −0.137% | $18K | $36K | 20x | as long as short |
Aster AXTIUSDT
Extended AXTI-USD
Binance AXTIUSDT
Bybit AXTIUSDT
Gate AXTI_USDT
Bitget AXTIUSDT
GRVT AXTI_USDT_Perp
SunX AXTI-USDT
HTX AXTI-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AXTI-USDshort | +0.0010% | 1h | 80.070 | −0.050% | $1.1M | $2.8M | 10x | |
| Lighter AXTI | +0.0032% | 1h | 80.090 | −0.025% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTM | +0.0100% | 8h | 80.050 | −0.075% | $621K | $346K | 20x | as long as short |
| Aevo AXTI-PERP | +0.0104% | 1h | 80.055 | −0.069% | — | — | 10x | as long as short |
Lighter AXTI
KuCoin AXTIUSDTM
Aevo AXTI-PERP