Funding you earn now, next payment 04:00 UTC−0.0052%/8h= −5.6% APRpaid last 24h −0.011%
Price spread now: SunX against QFEX+0.018%7-day average +0.033% · 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−$270as in the Price arb table
costs, in and out, $10k−$2692.690% of the position
Funding, last 4 days (all we have)−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)+0.369%+$37 · spread now +0.018%, 7d avg +0.033%
=The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BE-USD | 275.13 | 0.0052 | pay 0.0006% / 1h | 24m 21s | $1.3M | $2.7M | 10x |
| Short | SunX BE-USDT | 275.18 | 0 | get 0.0000% / 8h | 4h 24m | $881 | $2.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$10.82
- Price spread: +0.018% → +0.033%
- −$1.44
- Slippage, 4 orders
- −$251.05
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$281.31
- Costs to cover
- 2.690%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; SunX: live order book, 2 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, 3 min ago | 1.64 bp | 7.7 bp −$8 | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 44.88 bp | 128.9 bp −$129 | doesn't fit | doesn't fit | doesn't fit |
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 | 275.09 | −0.014% | $346K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 275.00 | −0.047% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 275.20 | +0.025% | $1.7M | $2.5M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 275.08 | −0.018% | $6K | $162K | 10x | as long as short |
| SunX BE-USDTshort | 0.0000% | 8h | 275.18 | +0.018% | $881 | $2.4M | 10x | |
| HTX BE-USDT | 0.0000% | 8h | 275.28 | +0.055% | $13K | $35K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 275.00 | −0.047% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 275.21 | +0.029% | $251K | $291K | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0040% | 1h | 273.08 | −0.745% | $473K | $128K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 275.06 | −0.025% | $115K | $109K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BE-USD-PERP | +0.0046% | 1h | 275.11 | −0.007% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 275.10 | −0.011% | $5.9M | $2.6M | 10x | as long as short |
| QFEX BE-USDlong | +0.0052% | 1h | 275.13 | long leg | $1.3M | $2.7M | 10x | |
| Binance BEUSDT | +0.0062% | 8h | 275.31 | +0.065% | $8.5M | $36.4M | 25x | as long as short |
| Extended BE-USD | +0.0064% | 1h | 275.26 | +0.046% | $49K | $260K | 10x | as long as short |
| Bybit BEUSDT | +0.0090% | 8h | 275.35 | +0.080% | $2.0M | $1.2M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 275.28 | +0.055% | $372K | $20K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 275.27 | +0.052% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0145% | 8h | 275.29 | +0.058% | $2.7M | $6.8M | 25x | as long as short |
| BloFin BE-USDT | +0.0182% | 8h | 275.26 | +0.047% | $45K | $141K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0987% | 1h | 275.18 | +0.018% | $7K | $4K | 10x | as long as short |
SunX BE-USDT
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
HTX BE-USDT
Lighter BE
Lighter RH BE
Coinbase International BE-PERP-INTX
tradeXYZ xyz:BE
Binance BEUSDT
Extended BE-USD
Bybit BEUSDT
KuCoin BEUSDTM
OKX BE-USDT-SWAP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL