Funding you earn now, next payment 03:00 UTC+0.0084%/8h= +9.3% APRpaid last 24h +0.030%
Price spread now: KuCoin against QFEX−0.066%56s7-day average +0.028% · 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−$1811.808% of the position
Funding, last 4 days (all we have)+0.081%+$8 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now −0.066%, 7d avg +0.028%
=Funding pays, the price is against you. KuCoin is 0.093% cheaper against QFEX than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of +0.028%). If the spread goes back, that is −$9 on $10k: about 3.7 days of funding at the current rate (+$3 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 | 197.67 | 0.0016 | pay 0.0002% / 1h | 26m 41s | $1.3M | $3.4M | 10x |
| Short | KuCoin COINUSDTM | 197.54 | 0.0100 | get 0.0100% / 8h | 5h 26m | $995K | $143K | 20x |
QFEX COIN-USD
KuCoin COINUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $17.74
- Price spread: −0.066% → +0.028%
- −$9.35
- Slippage, 4 orders
- −$158.8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$172.4
- Costs to cover
- 1.808%
- Break-even
- 75.0 days
Slippage from QFEX: live order book, 6 min ago; KuCoin: live order book, 8 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, 6 min ago | 1.77 bp | 6.9 bp −$7 | 9.1 bp −$91 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 18.24 bp | 78.3 bp −$78 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0751% | 8h | 197.73 | +0.030% | $6.3M | $10.2M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.22 | −0.228% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0194% | 8h | 197.67 | 0.000% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0089% | 1h | 197.19 | −0.243% | — | $284K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.75 | +0.041% | $349K | $877K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.63 | −0.019% | $117K | $696K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.71 | +0.020% | $15.0M | $78.5M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.77 | +0.051% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.72 | +0.025% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.92 | +0.129% | $686K | $1.0M | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.00 | +0.167% | $19K | $2.1M | 10x | as long as short |
| QFEX COIN-USDlong | +0.0016% | 1h | 197.67 | long leg | $1.3M | $3.4M | 10x | |
| Lighter COIN | +0.0032% | 1h | 197.58 | −0.046% | $366K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.57 | −0.051% | $452K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.86 | +0.096% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.62 | −0.025% | $15.6M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.62 | −0.025% | $126K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.63 | −0.020% | $79 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.46 | −0.106% | $351K | $3.0M | 10x | as long as short |
| KuCoin COINUSDTMshort | +0.0100% | 8h | 197.54 | −0.066% | $995K | $143K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.98 | +0.157% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.66 | −0.005% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.60 | −0.036% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.61 | −0.030% | $188K | $391K | 20x | as long as short |
| Phoenix COIN | +0.0162% | 1h | 197.81 | +0.071% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0415% | 4h | 197.93 | +0.131% | $51K | $296K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC