Funding you earn now, next payment 10:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: Arcus against QFEX−0.069%7-day average −0.083% · 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−$32as in the Price arb table
costs, in and out, $10k−$330.333% of the position
Funding, last 4 days (all we have)+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.069%, 7d avg −0.083%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BE-USD | 273.72 | 0.0039 | pay 0.0005% / 1h | 21m 04s | $1.3M | $2.2M | 10x |
| Short | Arcus BE-USD | 273.53 | 0.0040 | get 0.0005% / 1h | 21m 04s | $113K | $97K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- $0.34
- Price spread: −0.069% → −0.083%
- $1.35
- Slippage, 4 orders
- −$18.75
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$31.56
- Costs to cover
- 0.333%
- Break-even
- 649.4 days
Slippage from QFEX: live order book, 4 min ago; Arcus: live order book, 29 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, 4 min ago | 2.01 bp | 9.5 bp −$10 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 29 min ago | 1.28 bp | 7.4 bp −$7 | 12.6 bp −$126 | doesn't fit | doesn't fit |
BE on 21 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BE-PERP-INTX | −0.0008% | 1h | 273.21 | −0.186% | $467K | $132K | 10x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 273.86 | +0.051% | $344K | $134K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 273.55 | −0.061% | $46K | $383K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 273.66 | −0.021% | $8.2M | $38.9M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 273.66 | −0.022% | $2.6M | $6.9M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 273.50 | −0.080% | $1.3M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 273.61 | −0.040% | $1.5M | $3.0M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 273.79 | +0.026% | $1K | $2.1M | 10x | as long as short |
| Deribit BE_USDC-PERPETUAL | 0.0000% | 1h | 273.59 | −0.047% | $7K | $4K | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 273.57 | −0.055% | $12K | $35K | 20x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BE | +0.0032% | 1h | 273.59 | −0.047% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 273.65 | −0.026% | $249K | $301K | 10x | as long as short |
| QFEX BE-USDlong | +0.0039% | 1h | 273.72 | long leg | $1.3M | $2.2M | 10x | |
| Arcus BE-USDshort | +0.0040% | 1h | 273.53 | −0.069% | $113K | $97K | 10x | |
| Bybit BEUSDT | +0.0043% | 8h | 273.75 | +0.011% | $2.0M | $1.0M | 25x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 273.62 | −0.037% | — | — | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 273.62 | −0.037% | $356K | $152K | 20x | as long as short |
| tradeXYZ xyz:BE | +0.0101% | 1h | 273.66 | −0.022% | $5.9M | $2.9M | 10x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 273.59 | −0.048% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 273.60 | −0.044% | $46K | $158K | 20x | as long as short |
| GRVT BE_USDT_Perp | +0.0587% | 8h | 273.66 | −0.022% | $6K | $138K | 10x | as long as short |
Coinbase International BE-PERP-INTX
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
OKX BE-USDT-SWAP
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
Deribit BE_USDC-PERPETUAL
HTX BE-USDT
Lighter BE
Lighter RH BE
Bybit BEUSDT
KuCoin BEUSDTM
tradeXYZ xyz:BE
BloFin BE-USDT
GRVT BE_USDT_Perp