Funding you earn now, next payment 00:00 UTC−0.0410%/8h= −44.9% APRnext payment −$0.51 per $10,000 · paid last 24h −0.115%
Price spread now: QFEX against tradeXYZ+0.032%7-day average −0.030% · 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−$67as in the Price arb table
costs, in and out, $10k−$730.730% of the position
Funding, last 3 days (all we have)−0.181%−$18 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.032%, 7d avg −0.030%
=Together, before fees−0.200%+ Points / potential airdroptradeXYZ: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.062% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of −0.030%): +$6 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 3 days (−0.181% in total) that is about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BB | 8.5573 | 0.0435 | pay 0.0054% / 1h | 42m 11s | $10.6M | $3.2M | 10x |
| Short | QFEX BB-USD | 8.5600 | 0.0025 | get 0.0003% / 1h | 42m 11s | $1.1M | $272K | 10x |
tradeXYZ xyz:BB
QFEX BB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against tradeXYZ. 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
- −$86.07
- Price spread: +0.032% → −0.030%
- $6.15
- Slippage, 4 orders
- −$44.96
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$152.87
- Costs to cover
- 0.730%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; QFEX: live order book, 4 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 tradeXYZ live order book, 7 min ago | 1.69 bp | 11.6 bp −$12 | 22.6 bp −$226 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 11.68 bp | 22.1 bp −$22 | 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 | 8.5520 | −0.062% | $49K | $26K | 20x | as long as short |
| QFEX BB-USDshort | +0.0025% | 1h | 8.5600 | +0.032% | $1.1M | $272K | 10x | |
| OKX BB-USDT-SWAP | +0.0037% | 8h | 8.5720 | +0.172% | $210K | $488K | 20x | as long as short |
| Vest BB-USD-PERP | +0.0046% | 1h | 8.5700 | +0.148% | — | $729 | 10x | as long as short |
| MEXC BBSTOCK_USDT | +0.0081% | 8h | 8.5400 | −0.202% | $310K | $106K | 50x | as long as short |
| Ondo Perps BB-USD.P | +0.0300% | 1h | 8.5597 | +0.028% | $458K | $446K | 10x | as long as short |
| tradeXYZ xyz:BBlong | +0.0435% | 1h | 8.5573 | long leg | $10.6M | $3.2M | 10x | |
| Extended BB-USD | +0.0440% | 1h | 8.5569 | −0.005% | $9K | $21K | 10x | as long as short |
| Lighter BB | +0.0936% | 1h | 8.5733 | +0.187% | $188K | $141K | 10x | as long as short |
Bitget BBSTOCKUSDT
OKX BB-USDT-SWAP
Vest BB-USD-PERP
MEXC BBSTOCK_USDT
Ondo Perps BB-USD.P
Extended BB-USD
Lighter BB