Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.5% APRnext payment +$0.09 per $10,000 · paid last 24h +0.017%
Price spread now: ApeX Omni against QFEX−0.074%56s7-day average −0.003% · 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—prices read too far apart to compare
costs, in and out, $10k−$300.299% of the position
Funding, last 3 days (all we have)+0.075%+$7 on $10k
+Price spread, last 3 days (all we have)+0.026%+$3 · spread now −0.074%, 7d avg −0.003%
=Funding pays, the price is against you. ApeX Omni is 0.071% cheaper against QFEX than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of −0.003%). If the spread goes back, that is −$7 on $10k: about 3.5 days of funding at the current rate (+$2 a day). The two prices were read 56 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 | QFEX COIN-USD | 202.27 | 0.0032 | pay 0.0004% / 1h | 46m 34s | $1.4M | $3.9M | 10x |
| Short | ApeX Omni COINUSDT | 202.12 | 0.0100 | get 0.0013% / 1h | 46m 34s | $91K | $334K | 50x |
QFEX COIN-USD
ApeX Omni COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- $14.31
- Price spread: −0.074% → −0.003%
- −$7.07
- Slippage, 4 orders
- −$9.91
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$22.66
- Costs to cover
- 0.299%
- Break-even
- 18.1 days
Slippage from QFEX: live order book, 7 min ago; ApeX Omni: live order book, 31 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, 7 min ago | 2.22 bp | 7.2 bp −$7 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 31 min ago | 2.73 bp | 7.7 bp −$8 | 11.5 bp −$115 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 202.13 | −0.069% | $45K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 202.24 | −0.014% | $371K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 202.27 | 0.000% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 202.31 | +0.019% | $15.7M | $76.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 202.36 | +0.044% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 202.29 | +0.010% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 202.31 | +0.020% | $1.3M | $7.0M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 202.18 | −0.045% | $840K | $1.1M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.21 | −0.030% | $21K | $2.0M | 10x | as long as short |
| Bitget COINUSDT | +0.0008% | 8h | 202.30 | +0.015% | $6.9M | $10.1M | 20x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Bitget COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX COINUSDC | +0.0011% | 4h | 202.19 | −0.039% | $52K | $294K | 10x | as long as short |
| QFEX COIN-USDlong | +0.0032% | 1h | 202.27 | long leg | $1.4M | $3.9M | 10x | |
| Lighter RH COIN | +0.0032% | 1h | 202.30 | +0.015% | $434K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.26 | −0.005% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 202.14 | −0.064% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 202.23 | −0.020% | $140K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 202.24 | −0.015% | $80 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 202.05 | −0.109% | $367K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.16 | −0.054% | $1.0M | $141K | 20x | as long as short |
| ApeX Omni COINUSDTshort | +0.0100% | 1h | 202.12 | −0.074% | $91K | $334K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 202.17 | −0.049% | $585 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 202.22 | −0.027% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.32 | +0.025% | $155K | $342K | 20x | as long as short |
| Lighter COIN | +0.0216% | 1h | 202.32 | +0.026% | $375K | $2.0M | 10x | as long as short |
| Phoenix COIN | +0.0238% | 1h | 202.29 | +0.010% | $5K | $279K | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0285% | 1h | 202.31 | +0.020% | $16.5M | $13.1M | 10x | as long as short |
edgeX COINUSDC
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Lighter COIN
Phoenix COIN
tradeXYZ xyz:COIN