Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 462.90 | −0.0005 | get 0.0001% / 1h | 50m 27s | $1.5M | $94K | 10x | Long QFEX10% back | |
| SHORT | 462.97 | 0 | 0.0000% / 8h | 2h 50m | $312K | $1.0M | 20x | Short KuCoin |
Price gap+0.015%
Funding gap+0.0005% /8h
Funding is ≈ 0 and the gap is 0.107% under its 7d average: the price leg works against you, −$11 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2+0.0005% /8h now · paid +0.023% over the last 7D
Price−$11spread +0.015% now, avg +0.122% → −0.107% if it goes back
Costs−$2692.693% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.015%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hDELL on 25 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size138.6 / 27.9 bpAt $10k entering QFEX costs 138.6 bp, fee and slippage, 5.0× KuCoin’s.
- Note: Margin at max leverage$1,000 + $500QFEX 10x, KuCoin 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.14Long QFEX: 24 payments, +$0.14; short KuCoin: 3 payments, $0.00.
- Watch: Gap narrower than usual+0.015% vs +0.122%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$312K vs $1.5M OIKuCoin sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX No · KuCoin YesStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0011%/8h × 21 periods+$2.32
Price spread+0.015% → +0.122% (7d avg)−$10.65
Slippage, 4 orderslive order books−$237.30
Fee QFEX bp × 2 orders−$20.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$277.63
Costs to cover2.693%Break-even843.5 days
Slippage: QFEX: live order book, 5 min ago; KuCoin: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX45.56138.6 bp−$139145.8 bp−$1,458doesn’t fitdoesn’t fit
SELL · SHORTKuCoin7.7727.9 bp−$28286.5 bp−$2,865doesn’t fitdoesn’t fit
Closing costs about the same again.
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