Funding you earn now, next payment 01:00 UTC−0.0147%/8h= −16.1% APRpaid last 24h −0.037%
Price spread now: QFEX against OKX−0.151%54s7-day average −0.043% · 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—prices read too far apart to compare
costs, in and out, $10k−$1861.865% of the position
Funding, last 3 days (all we have)−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.151%, 7d avg −0.043%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and QFEX is 0.109% cheaper against OKX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.043%). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BB-USDT-SWAP | 8.5830 | 0.0161 | pay 0.0161% / 8h | 7h 37m | $211K | $493K | 20x |
| Short | QFEX BB-USD | 8.5700 | 0.0014 | get 0.0002% / 1h | 37m 44s | $1.1M | $283K | 10x |
OKX BB-USDT-SWAP
QFEX BB-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
- −$30.83
- Price spread: −0.151% → −0.043%
- −$10.85
- Slippage, 4 orders
- −$166.47
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$228.15
- Costs to cover
- 1.865%
- Break-even
- never at this rate
Slippage from OKX: live order book, 33 min ago; QFEX: live order book, 3 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, 33 min ago | 12.27 bp | 86.8 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 11.65 bp | 20.5 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
BB on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BBSTOCKUSDT | 0.0000% | 8h | 8.5770 | −0.070% | $49K | $24K | 20x | as long as short |
| QFEX BB-USDshort | +0.0014% | 1h | 8.5700 | −0.151% | $1.1M | $283K | 10x | |
| Vest BB-USD-PERP | +0.0046% | 1h | 8.5700 | −0.151% | — | $1K | 10x | as long as short |
| OKX BB-USDT-SWAPlong | +0.0161% | 8h | 8.5830 | long leg | $211K | $493K | 20x | |
| MEXC BBSTOCK_USDT | +0.0236% | 8h | 8.5700 | −0.151% | $311K | $106K | 50x | as long as short |
| Ondo Perps BB-USD.P | +0.0834% | 1h | 8.5752 | −0.091% | $460K | $443K | 10x | as long as short |
| Lighter BB | +0.1616% | 1h | 8.5913 | +0.097% | $188K | $141K | 10x | as long as short |
| tradeXYZ xyz:BB | +0.1657% | 1h | 8.5801 | −0.034% | $10.6M | $3.2M | 10x | as long as short |
| Extended BB-USD | +0.1696% | 1h | 8.5796 | −0.040% | $9K | $21K | 10x | as long as short |
Bitget BBSTOCKUSDT
Vest BB-USD-PERP
MEXC BBSTOCK_USDT
Ondo Perps BB-USD.P
Lighter BB
tradeXYZ xyz:BB
Extended BB-USD