COIN

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0075%/8h= −8.2% APRpaid last 24h −0.041%

Price spread now: QFEX against BloFin−0.026%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$310.305% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.117%−$12 on $10k

Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.026%, 7d avg −0.007%

Together, before fees−0.028%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin COIN-USDT	195.82	0.0120	pay 0.0120% / 8h	1h 00m	$187K	$435K	20x
Short	QFEX COIN-USD	195.77	0.0045	get 0.0006% / 1h	0m 59s	$1.3M	$2.9M	10x

Funding history

latest

Range statsloading…

QFEX against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BloFinbpFee QFEXbpOrdersPrice spread, now −0.026%Rate

Slippage from BloFin: live order book, 20 min ago; QFEX: live order book, 7 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 20 min ago	0.76 bp	9.1 bp −$9	16.0 bp −$160	43.1 bp −$4,310	doesn't fit
Sell QFEX live order book, 7 min ago	1.27 bp	6.3 bp −$6	7.2 bp −$72	doesn't fit	doesn't fit

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
Bitget COINUSDT	−0.0529%	8h	195.90	+0.041%	$6.3M	$10.6M	20x	as long as short
Injective COIN/USDC PERP	−0.0440%	1h	195.78	−0.020%	$43K	$48K	30x	as long as short
Vest COIN-USD-PERP	−0.0076%	1h	195.35	−0.240%	—	$326K	25x	as long as short
Aster COINUSDT	0.0000%	8h	195.64	−0.090%	$341K	$890K	20x	as long as short
Extended COIN_24_5-USD	0.0000%	1h	195.69	−0.067%	$104K	$806K	10x	as long as short
Binance COINUSDT	0.0000%	8h	195.70	−0.061%	$15.1M	$82.2M	20x	as long as short
Bybit COINUSDT	0.0000%	8h	195.73	−0.046%	$4.7M	$6.2M	50x	as long as short
OKX COIN-USDT-SWAP	0.0000%	8h	195.75	−0.036%	$3.0M	$4.7M	20x	as long as short
Gate COIN_USDT	0.0000%	8h	195.75	−0.036%	$1.2M	$7.4M	50x	as long as short
Variational Omni COIN	0.0000%	8h	196.20	+0.194%	$713K	$975K	—	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT COIN_USDT_Perp	0.0000%	8h	195.92	+0.051%	$12K	$2.8M	10x	as long as short
Lighter RH COIN	+0.0032%	1h	195.71	−0.056%	$460K	$1.5M	10x	as long as short
Arcus COIN-USD	+0.0040%	1h	196.16	+0.174%	$15K	$54K	5x	as long as short
QFEX COIN-USDshort	+0.0045%	1h	195.77	−0.026%	$1.3M	$2.9M	10x
tradeXYZ xyz:COIN	+0.0050%	1h	195.63	−0.097%	$15.2M	$13.2M	10x	as long as short
Polymarket Perps COIN-USD	+0.0050%	1h	195.66	−0.082%	$130K	$1.4M	10x	as long as short
SoDEX COIN-USD	+0.0050%	1h	195.70	−0.061%	$95	$3K	10x	as long as short
Ondo Perps COIN-USD.P	+0.0050%	1h	195.68	−0.071%	$443K	$2.8M	10x	as long as short
KuCoin COINUSDTM	+0.0100%	8h	195.58	−0.123%	$986K	$136K	20x	as long as short
ApeX Omni COINUSDT	+0.0100%	1h	195.93	+0.056%	$88K	$287K	50x	as long as short
Orderly PERP_COIN_USDC_mythos	+0.0100%	8h	195.74	−0.041%	$566	$4K	10x	as long as short
Aevo COIN-PERP	+0.0104%	1h	195.71	−0.058%	$115	—	10x	as long as short
Lighter COIN	+0.0120%	1h	195.67	−0.077%	$364K	$2.3M	10x	as long as short
BloFin COIN-USDTlong	+0.0120%	8h	195.82	long leg	$187K	$435K	20x
edgeX COINUSDC	+0.0132%	4h	195.88	+0.032%	$50K	$296K	10x	as long as short
Phoenix COIN	+0.0163%	1h	195.86	+0.020%	$4K	$283K	10x	as long as short