Funding you earn now, next payment 00:00 UTC+0.0088%/8h= +9.7% APRpaid last 24h +0.050%
Price spread now: BloFin against QFEX+0.054%7-day average +0.010% · 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−$26as in the Price arb table
costs, in and out, $10k−$310.307% of the position
Funding, last 3 days (all we have)+0.108%+$11 on $10k
+Price spread, last 3 days (all we have)−0.100%−$10 · spread now +0.054%, 7d avg +0.010%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.044% dearer against QFEX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX COIN-USD | 201.90 | 0.0032 | pay 0.0004% / 1h | 18m 25s | $1.4M | $4.0M | 10x |
| Short | BloFin COIN-USDT | 202.01 | 0.0120 | get 0.0120% / 8h | 18m 25s | $200K | $342K | 20x |
QFEX COIN-USD
BloFin COIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $18.51
- Price spread: +0.054% → +0.010%
- $4.4
- Slippage, 4 orders
- −$8.7
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$7.78
- Costs to cover
- 0.307%
- Break-even
- 9.9 days
Slippage from QFEX: live order book, 5 min ago; BloFin: live order book, 56 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 | 1.24 bp | 6.2 bp −$6 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 56 min ago | 0.99 bp | 9.6 bp −$10 | 14.8 bp −$148 | 33.6 bp −$3,356 | 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 | 201.40 | −0.248% | $44K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.94 | +0.020% | $370K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.91 | +0.006% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.96 | +0.030% | $15.6M | $76.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.93 | +0.015% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 202.00 | +0.050% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.94 | +0.020% | $1.3M | $7.0M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.89 | −0.004% | $840K | $1.1M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.94 | +0.018% | $12K | $2.0M | 10x | as long as short |
| Bitget COINUSDT | +0.0002% | 8h | 202.01 | +0.054% | $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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USDlong | +0.0032% | 1h | 201.90 | long leg | $1.4M | $4.0M | 10x | |
| Lighter RH COIN | +0.0032% | 1h | 201.88 | −0.010% | $435K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.08 | +0.089% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.85 | −0.025% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.77 | −0.064% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.94 | +0.020% | $88 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.81 | −0.045% | $361K | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0080% | 1h | 201.89 | −0.003% | $377K | $2.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.97 | +0.035% | $1.0M | $138K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.91 | +0.005% | $91K | $310K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.89 | −0.005% | $584 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.94 | +0.021% | $119 | — | 10x | as long as short |
| BloFin COIN-USDTshort | +0.0120% | 8h | 202.01 | +0.054% | $200K | $342K | 20x | |
| tradeXYZ xyz:COIN | +0.0149% | 1h | 201.78 | −0.059% | $16.6M | $13.2M | 10x | as long as short |
| Phoenix COIN | +0.0238% | 1h | 201.95 | +0.025% | $5K | $279K | 10x | as long as short |
| edgeX COINUSDC | +0.0379% | 4h | 201.87 | −0.015% | $52K | $293K | 10x | as long as short |
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
tradeXYZ xyz:COIN
Phoenix COIN
edgeX COINUSDC