Funding you earn now, next payment 11:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h +0.033%
Price spread now: QFEX against BloFin−0.657%99s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. QFEX is 0.657% cheaper against BloFin than usual: you would sell low and buy high (spread −0.657% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$66 on $10k: about 3 months of funding at the current rate (+$1 a day). The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CGNX-USDT | 62.360 | −0.0024 | get 0.0024% / 8h | 5h 53m | $47K | $7K | 10x |
| Short | QFEX CGNX-USD | 61.950 | 0 | get 0.0000% / 1h | 53m 28s | $1.1M | $361K | 10x |
BloFin CGNX-USDT
QFEX CGNX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against BloFin. 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
- $4.96
- Price spread: −0.657% → 0.000%
- −$65.75
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$82.79
- Costs to cover
- 0.220%
- Break-even
- 123.9 days
Slippage unknown: BloFin: no order-book sample; QFEX: live order book, 5 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 BloFin no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 5 min ago | 2.42 bp | 47.3 bp −$47 | 48.5 bp −$485 | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CGNX on 7 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CGNX-USDTlong | −0.0024% | 8h | 62.360 | long leg | $47K | $7K | 10x | |
| Bybit CGNXUSDT | 0.0000% | 8h | 62.170 | −0.305% | $25K | $22K | 25x | as long as short |
| OKX CGNX-USDT-SWAP | 0.0000% | 8h | 62.310 | −0.080% | $29K | $73K | 10x | as long as short |
| QFEX CGNX-USDshort | 0.0000% | 1h | 61.950 | −0.657% | $1.1M | $361K | 10x | |
| Gate CGNX_USDT | 0.0000% | 8h | 62.260 | −0.160% | $30K | $4K | 20x | as long as short |
| Bitget CGNXUSDT | 0.0000% | 8h | 62.140 | −0.353% | $37K | $14K | 20x | as long as short |
| HTX CGNX-USDT | 0.0000% | 8h | 62.310 | −0.080% | $2K | $13K | 20x | as long as short |
Bybit CGNXUSDT
OKX CGNX-USDT-SWAP
Gate CGNX_USDT
Bitget CGNXUSDT
HTX CGNX-USDT