Funding you earn now, next payment 05:00 UTC+0.0466%/8h= +51.0% APRpaid last 24h +0.026%
Price spread now: MEXC against QFEX−0.117%7-day average −0.119% · 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−$160as in the Price arb table
costs, in and out, $10k−$1601.601% of the position
Funding, last 4 days (all we have)+0.022%+$2 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now −0.117%, 7d avg −0.119%
=The price spread sits at its 7-day average of −0.119%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.022% in total (about 2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BB-USD | 8.5700 | 0.0240 | pay 0.0030% / 1h | 28m 49s | $1.1M | $195K | 10x |
| Short | MEXC BBSTOCK_USDT | 8.5600 | 0.0706 | get 0.0706% / 8h | 3h 28m | $311K | $107K | 50x |
QFEX BB-USD
MEXC BBSTOCK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against QFEX. 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
- $97.86
- Price spread: −0.117% → −0.119%
- $0.22
- Slippage, 4 orders
- −$150.1
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$62.02
- Costs to cover
- 1.601%
- Break-even
- 11.4 days
Slippage from QFEX: live order book, 2 min ago; MEXC: live order book, 6 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 QFEX live order book, 2 min ago | 5.84 bp | 18.5 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 5.84 bp | 74.9 bp −$75 | 189.1 bp −$1,891 | 226.4 bp −$22.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BB | −0.0701% | 1h | 8.5812 | +0.131% | $10.8M | $3.1M | 10x | as long as short |
| Extended BB-USD | −0.0680% | 1h | 8.5801 | +0.118% | $9K | $21K | 10x | as long as short |
| Bitget BBSTOCKUSDT | 0.0000% | 8h | 8.5690 | −0.012% | $50K | $22K | 20x | as long as short |
| Vest BB-USD-PERP | +0.0046% | 1h | 8.5700 | 0.000% | — | $875 | 10x | as long as short |
| Ondo Perps BB-USD.P | +0.0050% | 1h | 8.5643 | −0.067% | $493K | $461K | 10x | as long as short |
| QFEX BB-USDlong | +0.0240% | 1h | 8.5700 | long leg | $1.1M | $195K | 10x | |
| OKX BB-USDT-SWAP | +0.0409% | 8h | 8.5700 | 0.000% | $214K | $527K | 20x | as long as short |
| MEXC BBSTOCK_USDTshort | +0.0706% | 8h | 8.5600 | −0.117% | $311K | $107K | 50x | |
| Lighter BB | +0.1176% | 1h | 8.5916 | +0.252% | $188K | $144K | 10x | as long as short |
tradeXYZ xyz:BB
Extended BB-USD
Bitget BBSTOCKUSDT
Vest BB-USD-PERP
Ondo Perps BB-USD.P
OKX BB-USDT-SWAP
Lighter BB