Funding you earn now, next payment 05:00 UTC+0.0172%/8h= +18.8% APRpaid last 24h +0.037%
Price spread now: OKX against QFEX+0.117%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1531.529% of the position
Funding, last 4 days (all we have)+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.117%, 7d avg +0.048%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and OKX is 0.069% dearer against QFEX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BB-USD | 8.5600 | 0.0240 | pay 0.0030% / 1h | 29m 49s | $1.1M | $195K | 10x |
| Short | OKX BB-USDT-SWAP | 8.5700 | 0.0412 | get 0.0412% / 8h | 3h 29m | $214K | $527K | 20x |
QFEX BB-USD
OKX BB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $36.08
- Price spread: +0.117% → +0.048%
- $6.92
- Slippage, 4 orders
- −$132.95
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$109.95
- Costs to cover
- 1.529%
- Break-even
- 28.3 days
Slippage from QFEX: live order book, 1 min ago; OKX: live order book, 21 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, 1 min ago | 5.84 bp | 18.5 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 21 min ago | 12.77 bp | 55.0 bp −$55 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BB | −0.0671% | 1h | 8.5858 | +0.301% | $10.8M | $3.1M | 10x | as long as short |
| Extended BB-USD | −0.0656% | 1h | 8.5839 | +0.279% | $9K | $21K | 10x | as long as short |
| Bitget BBSTOCKUSDT | 0.0000% | 8h | 8.5690 | +0.105% | $50K | $22K | 20x | as long as short |
| Vest BB-USD-PERP | +0.0046% | 1h | 8.5700 | +0.117% | — | $875 | 10x | as long as short |
| Ondo Perps BB-USD.P | +0.0050% | 1h | 8.5496 | −0.121% | $493K | $459K | 10x | as long as short |
| QFEX BB-USDlong | +0.0240% | 1h | 8.5600 | long leg | $1.1M | $195K | 10x | |
| OKX BB-USDT-SWAPshort | +0.0412% | 8h | 8.5700 | +0.117% | $214K | $527K | 20x | |
| MEXC BBSTOCK_USDT | +0.0713% | 8h | 8.5600 | 0.000% | $311K | $107K | 50x | as long as short |
| Lighter BB | +0.1192% | 1h | 8.5960 | +0.421% | $188K | $144K | 10x | as long as short |
tradeXYZ xyz:BB
Extended BB-USD
Bitget BBSTOCKUSDT
Vest BB-USD-PERP
Ondo Perps BB-USD.P
MEXC BBSTOCK_USDT
Lighter BB