Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.140%
Price spread now: KuCoin against QFEX+1.209%7-day average −0.274% · 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−$1,210as in the Price arb table
costs, in and out, $10k−$1,35813.581% of the position
Funding, last 4 days (all we have)+0.230%+$23 on $10k
+Price spread, last 7 days−2.706%−$271 · spread now +1.209%, 7d avg −0.274%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 1.483% dearer against QFEX than usual: you sell high and buy low: +$148 more if the spread goes back to its 7-day average of −0.274%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BX-USD | 124.91 | 0 | get 0.0000% / 1h | 43m 21s | $1.1M | $1.4M | 10x |
| Short | KuCoin BXUSDTM | 126.42 | 0.0100 | get 0.0100% / 8h | 7h 43m | $110K | $771K | 20x |
QFEX BX-USD
KuCoin BXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: +1.209% → −0.274%
- $148.33
- Slippage, 4 orders
- −$1,336.07
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,188.74
- Costs to cover
- 13.581%
- Break-even
- 403.2 days
Slippage from QFEX: live order book, 3 min ago; KuCoin: live order book, 11 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 | 2.04 bp | 422.4 bp −$422 | 432.8 bp −$4,328 | 438.4 bp −$43.8K | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 8.30 bp | 227.0 bp −$227 | doesn't fit | doesn't fit | 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 | 126.52 | +1.286% | $5K | $868 | 20x | as long as short |
| Bybit BXUSDT | 0.0000% | 8h | 126.52 | +1.289% | $481K | $804K | 25x | as long as short |
| OKX BX-USDT-SWAP | 0.0000% | 8h | 126.70 | +1.433% | $164K | $115K | 20x | as long as short |
| QFEX BX-USDlong | 0.0000% | 1h | 124.91 | long leg | $1.1M | $1.4M | 10x | |
| Gate BX_USDT | 0.0000% | 8h | 126.74 | +1.465% | $422K | $24K | 20x | as long as short |
| Bitget BXUSDT | 0.0000% | 8h | 126.63 | +1.377% | $900K | $27K | 20x | as long as short |
| Variational Omni BX | 0.0000% | 8h | 126.72 | +1.452% | $43K | $12K | — | as long as short |
| SunX BX-USDT | 0.0000% | 8h | 126.73 | +1.457% | $840 | $307K | 10x | as long as short |
| HTX BX-USDT | 0.0000% | 8h | 126.79 | +1.505% | $7K | $4K | 20x | as long as short |
| Binance BXUSDT | +0.0039% | 8h | 126.77 | +1.485% | $770K | $518K | 20x | as long as short |
Aster BXUSDT
Bybit BXUSDT
OKX BX-USDT-SWAP
Gate BX_USDT
Bitget BXUSDT
Variational Omni BX
SunX BX-USDT
HTX BX-USDT
Binance BXUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BX_USDT_Perp | +0.0081% | 8h | 126.81 | +1.521% | $659 | $104K | 10x | as long as short |
| KuCoin BXUSDTMshort | +0.0100% | 8h | 126.42 | +1.209% | $110K | $771K | 20x | |
| Injective BX/USDC PERP | +0.0220% | 1h | 138.74 | +11.072% | $4K | $31K | 12x | as long as short |
| tradeXYZ xyz:BX | +0.0321% | 1h | 126.48 | +1.257% | $666K | $264K | 10x | as long as short |
GRVT BX_USDT_Perp
Injective BX/USDC PERP
tradeXYZ xyz:BX