Funding you earn now, next payment 02:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.05 per $10,000 · paid last 24h −0.006%
Price spread now: QFEX against tradeXYZ−0.007%7-day average +0.032% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.014%−$1 on $10k
+Price spread, last 7 days+0.015%+$2 · spread now −0.007%, 7d avg +0.032%
=Together, before fees+0.001%+ Points / potential airdroptradeXYZ: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.039% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.032%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:COST | 898.72 | 0.0050 | pay 0.0006% / 1h | 34m 25s | $1.8M | $524K | 20x |
| Short | QFEX COST-USD | 898.66 | 0.0009 | get 0.0001% / 1h | 34m 25s | $1.1M | $3.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against tradeXYZ. 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
- −$8.67
- Price spread: −0.007% → +0.032%
- −$3.88
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$40.55
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 2 min ago; QFEX: live order book, 3 min ago. Net counts fees only.
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 tradeXYZ live order book, 2 min ago | 0.83 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 251.39 bp | 256.8 bp −$257 | 263.4 bp −$2,634 | doesn't fit | doesn't fit |
COST on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COSTUSDT | 0.0000% | 8h | 898.98 | +0.029% | $45K | $178 | 20x | as long as short |
| Bybit COSTUSDT | 0.0000% | 8h | 899.04 | +0.036% | $491K | $218K | 25x | as long as short |
| Gate COST_USDT | 0.0000% | 8h | 899.29 | +0.063% | $521K | $8K | 25x | as long as short |
| Bitget COSTUSDT | 0.0000% | 8h | 899.07 | +0.039% | $403K | $111K | 25x | as long as short |
| SunX COST-USDT | 0.0000% | 8h | 898.30 | −0.047% | $2K | $3.0M | 10x | as long as short |
| HTX COST-USDT | 0.0000% | 8h | 900.78 | +0.229% | $10K | $42K | 10x | as long as short |
| QFEX COST-USDshort | +0.0009% | 1h | 898.66 | −0.007% | $1.1M | $3.0M | 10x | |
| OKX COST-USDT-SWAP | +0.0016% | 8h | 898.51 | −0.023% | $444K | $121K | 10x | as long as short |
| Injective COST/USDC PERP | +0.0033% | 1h | 891.98 | −0.750% | $2K | $28K | 12x | as long as short |
| Extended COST-USD | +0.0040% | 1h | 898.25 | −0.052% | — | — | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest COST-USD-PERP | +0.0046% | 1h | 898.95 | +0.026% | — | — | 25x | as long as short |
| tradeXYZ xyz:COSTlong | +0.0050% | 1h | 898.72 | long leg | $1.8M | $524K | 20x | |
| KuCoin COSTUSDTM | +0.0100% | 8h | 898.20 | −0.058% | $47K | $865K | 20x | as long as short |
| Variational Omni COST | +0.0208% | 8h | 899.07 | +0.039% | $42K | $17K | — | as long as short |
| Binance COSTUSDT | +0.0350% | 8h | 899.16 | +0.049% | $1.1M | $935K | 20x | as long as short |
tradeXYZ xyz:COST
Aster COSTUSDT
Bybit COSTUSDT
Gate COST_USDT
Bitget COSTUSDT
SunX COST-USDT
HTX COST-USDT
OKX COST-USDT-SWAP
Injective COST/USDC PERP
Extended COST-USD
KuCoin COSTUSDTM
Variational Omni COST
Binance COSTUSDT