Funding you earn now, next payment 01:00 UTC+0.1258%/8h= +137.8% APRpaid last 24h +0.138%
Price spread now: QFEX against OKX−0.203%7-day average −0.016% · 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)+0.186%+$19 on $10k
+Price spread, last 4 days (all we have)+0.449%+$45 · spread now −0.203%, 7d avg −0.016%
=Funding pays, the price is against you. QFEX is 0.187% cheaper against OKX than usual: you would sell low and buy high (spread −0.203% now, against its 7-day average of −0.016%). If the spread goes back, that is −$19 on $10k: about 12 hours of funding at the current rate (+$38 a day). At the pace of the last 3 days (+0.186% in total) that is about 3.4 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.186% in total (about 19.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BOT-USDT-SWAP | 29.540 | −0.1307 | get 0.1307% / 8h | 7h 37m | $237K | $228K | 20x |
| Short | QFEX BOT-USD | 29.480 | −0.0049 | pay 0.0006% / 1h | 37m 02s | $1.2M | $522K | 10x |
OKX BOT-USDT-SWAP
QFEX BOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against OKX. 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
- $264.19
- Price spread: −0.203% → −0.016%
- −$18.68
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $225.51
- Costs to cover
- 0.200%
- Break-even
- 1.0 days
Slippage unknown: OKX: live order book, 33 min ago; QFEX: live order book, 4 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 OKX live order book, 33 min ago | 5.12 bp | 97.7 bp −$98 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 52.60 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
BOT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | −0.9989% | 1h | 29.480 | −0.203% | $3K | $8K | 5x | as long as short |
| KuCoin BOTUSDTM | −0.2011% | 8h | 29.490 | −0.169% | $97K | $311K | 20x | as long as short |
| Binance BOTUSDT | −0.1636% | 8h | 29.490 | −0.171% | $452K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.1574% | 8h | 29.465 | −0.252% | $32K | $20K | — | as long as short |
| OKX BOT-USDT-SWAPlong | −0.1307% | 8h | 29.540 | long leg | $237K | $228K | 20x | |
| QFEX BOT-USDshort | −0.0049% | 1h | 29.480 | −0.203% | $1.2M | $522K | 10x | |
| Bybit BOTUSDT | 0.0000% | 8h | 29.520 | −0.068% | $569K | $330K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.520 | −0.068% | $251K | $227K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.520 | −0.068% | $251K | $129K | 5x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.668 | +0.433% | $68K | $4K | 3x | as long as short |
Arcus BOT-USD
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
Bybit BOTUSDT
Gate BOT_USDT
Bitget BOTUSDT
Lighter BOTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BOT-USDT | +0.0100% | 8h | 29.508 | −0.108% | $3K | $34K | 10x | as long as short |
| tradeXYZ xyz:BOT | +0.1022% | 1h | 29.495 | −0.152% | $3.1M | $821K | 10x | as long as short |
HTX BOT-USDT
tradeXYZ xyz:BOT