Funding you earn now, next payment 00:00 UTC−0.2293%/8h= −251.1% APRpaid last 24h −0.002%
Price spread now: QFEX against GRVT+0.357%57s7-day average +0.152% · 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—prices read too far apart to compare
costs, in and out, $10k−$1471.466% of the position
Funding, last 3 days (all we have)+0.050%+$5 on $10k
+Price spread, last 3 days (all we have)−0.376%−$38 · spread now +0.357%, 7d avg +0.152%
=Together, before fees−0.326%+ Points / potential airdropGRVT: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.205% dearer against GRVT than usual: you sell high and buy low (spread +0.357% now, against its 7-day average of +0.152%): +$21 on $10k if it goes back. Holding the pair costs −$69 a day in funding at the current rate, which eats that in about 7 hours. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.050% in total (about 5.3% 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 | GRVT BX_USDT_Perp | 126.55 | 0.2293 | pay 0.2293% / 8h | 7h 56m | $997 | $123K | 10x |
| Short | QFEX BX-USD | 127.00 | 0 | get 0.0000% / 1h | 56m 24s | $1.1M | $1.3M | 10x |
GRVT BX_USDT_Perp
QFEX BX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against GRVT. 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
- −$481.53
- Price spread: +0.357% → +0.152%
- $20.55
- Slippage, 4 orders
- −$127.57
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$607.55
- Costs to cover
- 1.466%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 11 min ago; QFEX: live order book, 5 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 GRVT live order book, 11 min ago | 3.16 bp | 24.0 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 2.37 bp | 47.7 bp −$48 | 48.4 bp −$484 | 53.0 bp −$5,296 | doesn't fit |
BX on 14 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 BXUSDT | 0.0000% | 8h | 126.49 | −0.050% | $5K | $2K | 20x | as long as short |
| Bybit BXUSDT | 0.0000% | 8h | 126.69 | +0.112% | $489K | $866K | 25x | as long as short |
| QFEX BX-USDshort | 0.0000% | 1h | 127.00 | +0.357% | $1.1M | $1.3M | 10x | |
| Gate BX_USDT | 0.0000% | 8h | 126.71 | +0.128% | $425K | $27K | 20x | as long as short |
| Bitget BXUSDT | 0.0000% | 8h | 126.69 | +0.112% | $900K | $45K | 20x | as long as short |
| SunX BX-USDT | 0.0000% | 8h | 126.72 | +0.136% | $921 | $312K | 10x | as long as short |
| HTX BX-USDT | 0.0000% | 8h | 126.45 | −0.077% | $7K | $3K | 20x | as long as short |
| Injective BX/USDC PERP | +0.0220% | 1h | 138.72 | +9.618% | $4K | $32K | 12x | as long as short |
| OKX BX-USDT-SWAP | +0.0288% | 8h | 126.65 | +0.081% | $164K | $113K | 20x | as long as short |
| tradeXYZ xyz:BX | +0.0294% | 1h | 126.54 | −0.006% | $671K | $192K | 10x | as long as short |
Aster BXUSDT
Bybit BXUSDT
Gate BX_USDT
Bitget BXUSDT
SunX BX-USDT
HTX BX-USDT
Injective BX/USDC PERP
OKX BX-USDT-SWAP
tradeXYZ xyz:BXShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BXUSDTM | +0.1165% | 8h | 126.48 | −0.054% | $112K | $1.1M | 20x | as long as short |
| Variational Omni BX | +0.1241% | 8h | 126.55 | +0.004% | $31K | $127 | — | as long as short |
| Binance BXUSDT | +0.1594% | 8h | 126.75 | +0.161% | $796K | $480K | 20x | as long as short |
| GRVT BX_USDT_Perplong | +0.2293% | 8h | 126.55 | long leg | $997 | $123K | 10x |
KuCoin BXUSDTM
Variational Omni BX
Binance BXUSDT