Funding you earn now, next payment 00:00 UTC−0.0513%/8h= −56.2% APRnext payment −$0.64 per $10,000 · paid last 24h −0.096%
Price spread now: QFEX against Deribit−0.102%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and QFEX is 0.102% cheaper against Deribit than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BE_USDC-PERPETUAL | 275.25 | 0.0550 | pay 0.0069% / 1h | 56m 07s | $7K | $4K | 10x |
| Short | QFEX BE-USD | 274.97 | 0.0037 | get 0.0005% / 1h | 56m 07s | $1.3M | $3.9M | 10x |
Deribit BE_USDC-PERPETUAL
QFEX BE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Deribit. 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
- −$107.72
- Price spread: −0.102% → 0.000%
- −$10.17
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$134.89
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; QFEX: live order book, 7 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 7 min ago | 2.19 bp | 8.6 bp −$9 | 11.9 bp −$119 | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 274.94 | −0.113% | $346K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.90 | −0.127% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.75 | −0.182% | $1.7M | $2.6M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 275.05 | −0.073% | $1K | $2.5M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.05 | −0.073% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 275.00 | −0.091% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 275.21 | −0.015% | $251K | $298K | 10x | as long as short |
| QFEX BE-USDshort | +0.0037% | 1h | 274.97 | −0.102% | $1.3M | $3.9M | 10x | |
| Arcus BE-USD | +0.0040% | 1h | 274.30 | −0.345% | $115K | $117K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 275.17 | −0.029% | — | — | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Arcus BE-USD
Vest BE-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BEUSDT | +0.0072% | 8h | 275.35 | +0.036% | $2.0M | $1.2M | 25x | as long as short |
| Extended BE-USD | +0.0088% | 1h | 275.22 | −0.011% | $46K | $266K | 10x | as long as short |
| Binance BEUSDT | +0.0089% | 8h | 275.30 | +0.018% | $8.6M | $36.6M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.99 | −0.094% | $372K | $22K | 20x | as long as short |
| GRVT BE_USDT_Perp | +0.0103% | 8h | 274.27 | −0.355% | $6K | $182K | 10x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.71 | −0.195% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0128% | 1h | 273.32 | −0.701% | $467K | $116K | 10x | as long as short |
| BloFin BE-USDT | +0.0206% | 8h | 275.01 | −0.087% | $45K | $142K | 20x | as long as short |
| OKX BE-USDT-SWAP | +0.0257% | 8h | 275.30 | +0.018% | $2.6M | $6.9M | 25x | as long as short |
| Deribit BE_USDC-PERPETUALlong | +0.0550% | 1h | 275.25 | long leg | $7K | $4K | 10x | |
| tradeXYZ xyz:BE | +0.0937% | 1h | 274.74 | −0.185% | $5.9M | $2.9M | 10x | as long as short |
Bybit BEUSDT
Extended BE-USD
Binance BEUSDT
KuCoin BEUSDTM
GRVT BE_USDT_Perp
Aevo BE-PERP
Coinbase International BE-PERP-INTX
BloFin BE-USDT
OKX BE-USDT-SWAP
tradeXYZ xyz:BE