Funding you earn now, next payment 09:00 UTC+0.0006%/8h= +0.6% APRpaid last 24h −0.035%
Price spread now: OKX against QFEX+0.324%7-day average −0.439% · 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−$804as in the Price arb table
costs, in and out, $10k−$8808.803% of the position
Funding, last 4 days (all we have)−0.125%−$13 on $10k
+Price spread, last 4 days (all we have)−0.652%−$65 · spread now +0.324%, 7d avg −0.439%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.763% dearer against QFEX than usual: you sell high and buy low, +$76 on $10k if it goes back to its 7-day average of −0.439%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CGNX-USD | 61.800 | −0.0006 | get 0.0001% / 1h | 25m 23s | $1.1M | $335K | 10x |
| Short | OKX CGNX-USDT-SWAP | 62.000 | 0 | get 0.0000% / 8h | 7h 25m | $29K | $112K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $1.16
- Price spread: +0.324% → −0.439%
- $76.3
- Slippage, 4 orders
- −$860.26
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$802.81
- Costs to cover
- 8.803%
- Break-even
- 4854.9 days
Slippage from QFEX: live order book, 5 min ago; OKX: live order book, 4 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, 5 min ago | 253.26 bp | 287.0 bp −$287 | 288.7 bp −$2,887 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 24.18 bp | 135.7 bp −$136 | doesn't fit | doesn't fit | doesn't fit |
CGNX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CGNX-USDT | −0.0020% | 8h | 62.200 | +0.647% | $47K | $7K | 10x | as long as short |
| QFEX CGNX-USDlong | −0.0006% | 1h | 61.800 | long leg | $1.1M | $335K | 10x | |
| Bybit CGNXUSDT | 0.0000% | 8h | 62.070 | +0.437% | $25K | $36K | 25x | as long as short |
| OKX CGNX-USDT-SWAPshort | 0.0000% | 8h | 62.000 | +0.324% | $29K | $112K | 10x | |
| Gate CGNX_USDT | 0.0000% | 8h | 62.080 | +0.453% | $30K | $5K | 20x | as long as short |
| Bitget CGNXUSDT | 0.0000% | 8h | 62.010 | +0.340% | $37K | $18K | 20x | as long as short |
| HTX CGNX-USDT | 0.0000% | 8h | 62.090 | +0.469% | $2K | $13K | 20x | as long as short |
OKX CGNX-USDT-SWAP
BloFin CGNX-USDT
Bybit CGNXUSDT
Gate CGNX_USDT
Bitget CGNXUSDT
HTX CGNX-USDT