Funding you earn now, next payment 00:00 UTC+0.0383%/8h= +42.0% APRnext payment +$0.48 per $10,000 · paid last 24h +0.115%
Price spread now: tradeXYZ against QFEX−0.040%49s7-day average +0.030% · 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−$660.665% of the position
Funding, last 3 days (all we have)+0.181%+$18 on $10k
+Price spread, last 7 days+0.028%+$3 · spread now −0.040%, 7d avg +0.030%
=Together, before fees+0.208%+ Points / potential airdroptradeXYZ: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.070% cheaper against QFEX than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.030%). If the spread goes back, that is −$7 on $10k: about 15 hours of funding at the current rate (+$11 a day). At the pace of the last 3 days (+0.181% in total) that is about 32 hours. The two prices were read 49 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 | QFEX BB-USD | 8.5600 | 0.0025 | pay 0.0003% / 1h | 15m 46s | $1.1M | $275K | 10x |
| Short | tradeXYZ xyz:BB | 8.5566 | 0.0408 | get 0.0051% / 1h | 15m 46s | $10.6M | $3.2M | 10x |
QFEX BB-USD
tradeXYZ xyz:BBFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $80.47
- Price spread: −0.040% → +0.030%
- −$6.97
- Slippage, 4 orders
- −$38.47
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $7.03
- Costs to cover
- 0.665%
- Break-even
- 6.4 days
Slippage from QFEX: live order book, 5 min ago; tradeXYZ: 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 QFEX live order book, 5 min ago | 11.70 bp | 17.4 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 1.64 bp | 19.3 bp −$19 | 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 | 8.5500 | −0.117% | $49K | $25K | 20x | as long as short |
| OKX BB-USDT-SWAP | +0.0016% | 8h | 8.5510 | −0.105% | $210K | $487K | 20x | as long as short |
| QFEX BB-USDlong | +0.0025% | 1h | 8.5600 | long leg | $1.1M | $275K | 10x | |
| Vest BB-USD-PERP | +0.0046% | 1h | 8.5500 | −0.117% | — | $1K | 10x | as long as short |
| Ondo Perps BB-USD.P | +0.0050% | 1h | 8.5525 | −0.088% | $458K | $445K | 10x | as long as short |
| MEXC BBSTOCK_USDT | +0.0090% | 8h | 8.5500 | −0.117% | $311K | $107K | 50x | as long as short |
| Extended BB-USD | +0.0408% | 1h | 8.5583 | −0.019% | $9K | $21K | 10x | as long as short |
| tradeXYZ xyz:BBshort | +0.0408% | 1h | 8.5566 | −0.040% | $10.6M | $3.2M | 10x | |
| Lighter BB | +0.0696% | 1h | 8.5724 | +0.145% | $188K | $141K | 10x | as long as short |
Bitget BBSTOCKUSDT
OKX BB-USDT-SWAP
Vest BB-USD-PERP
Ondo Perps BB-USD.P
MEXC BBSTOCK_USDT
Extended BB-USD
Lighter BB