Settings8H · net · $10k
Funding arb · Price arb /

COST

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:COST898.720.0050pay 0.0006% / 1h34m 25s$1.8M$524K20x
ShortQFEX COST-USD898.660.0009get 0.0001% / 1h34m 25s$1.1M$3.0M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 2 min ago0.83 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago251.39 bp256.8 bp −$257263.4 bp −$2,634doesn't fitdoesn't fit

COST on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster COSTUSDT0.0000%8h898.98+0.029%$45K$17820xas long as short
Bybit COSTUSDT0.0000%8h899.04+0.036%$491K$218K25xas long as short
Gate COST_USDT0.0000%8h899.29+0.063%$521K$8K25xas long as short
Bitget COSTUSDT0.0000%8h899.07+0.039%$403K$111K25xas long as short
SunX COST-USDT0.0000%8h898.30−0.047%$2K$3.0M10xas long as short
HTX COST-USDT0.0000%8h900.78+0.229%$10K$42K10xas long as short
QFEX COST-USDshort+0.0009%1h898.66−0.007%$1.1M$3.0M10x
OKX COST-USDT-SWAP+0.0016%8h898.51−0.023%$444K$121K10xas long as short
Injective COST/USDC PERP+0.0033%1h891.98−0.750%$2K$28K12xas long as short
Extended COST-USD+0.0040%1h898.25−0.052%10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest COST-USD-PERP+0.0046%1h898.95+0.026%25xas long as short
tradeXYZ xyz:COSTlong+0.0050%1h898.72long leg$1.8M$524K20x
KuCoin COSTUSDTM+0.0100%8h898.20−0.058%$47K$865K20xas long as short
Variational Omni COST+0.0208%8h899.07+0.039%$42K$17Kas long as short
Binance COSTUSDT+0.0350%8h899.16+0.049%$1.1M$935K20xas long as short