Settings8H · net · $10k
Funding arb · Price arb /

BE

RWAall BE markets
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Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.006%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BE-USD273.720.0039pay 0.0005% / 1h21m 04s$1.3M$2.2M10x
ShortArcus BE-USD273.530.0040get 0.0005% / 1h21m 04s$113K$97K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 4 min ago2.01 bp9.5 bp −$1016.3 bp −$163doesn't fitdoesn't fit
Sell Arcus live order book, 29 min ago1.28 bp7.4 bp −$712.6 bp −$126doesn't fitdoesn't fit

BE on 21 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BE-PERP-INTX−0.0008%1h273.21−0.186%$467K$132K10xas long as short
Aster BEUSDT0.0000%8h273.86+0.051%$344K$134K20xas long as short
Extended BE-USD0.0000%1h273.55−0.061%$46K$383K10xas long as short
Binance BEUSDT0.0000%8h273.66−0.021%$8.2M$38.9M25xas long as short
OKX BE-USDT-SWAP0.0000%8h273.66−0.022%$2.6M$6.9M25xas long as short
Gate BE_USDT0.0000%8h273.50−0.080%$1.3M$3.4M50xas long as short
Bitget BEUSDT0.0000%8h273.61−0.040%$1.5M$3.0M20xas long as short
SunX BE-USDT0.0000%8h273.79+0.026%$1K$2.1M10xas long as short
Deribit BE_USDC-PERPETUAL0.0000%1h273.59−0.047%$7K$4K10xas long as short
HTX BE-USDT0.0000%8h273.57−0.055%$12K$35K20xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BE+0.0032%1h273.59−0.047%10xas long as short
Lighter RH BE+0.0032%1h273.65−0.026%$249K$301K10xas long as short
QFEX BE-USDlong+0.0039%1h273.72long leg$1.3M$2.2M10x
Arcus BE-USDshort+0.0040%1h273.53−0.069%$113K$97K10x
Bybit BEUSDT+0.0043%8h273.75+0.011%$2.0M$1.0M25xas long as short
Vest BE-USD-PERP+0.0046%1h273.62−0.037%10xas long as short
KuCoin BEUSDTM+0.0100%8h273.62−0.037%$356K$152K20xas long as short
tradeXYZ xyz:BE+0.0101%1h273.66−0.022%$5.9M$2.9M10xas long as short
Aevo BE-PERP+0.0104%1h273.59−0.048%10xas long as short
BloFin BE-USDT+0.0120%8h273.60−0.044%$46K$158K20xas long as short
GRVT BE_USDT_Perp+0.0587%8h273.66−0.022%$6K$138K10xas long as short