Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h 0.000%
Price spread now: QFEX against Binance−0.128%7-day average −0.103% · 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−$158as in the Price arb table
costs, in and out, $10k−$1551.554% of the position
Funding, last 4 days (all we have)+0.341%+$34 on $10k
+Price spread, last 2 days (all we have)−0.025%−$3 · spread now −0.128%, 7d avg −0.103%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.026% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.103%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EBAYUSDT | 108.55 | 0 | get 0.0000% / 8h | 38m 54s | $255K | $409K | 20x |
| Short | QFEX EBAY-USD | 108.41 | −0.0001 | pay 0.0000% / 1h | 38m 54s | $1.1M | $3.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Binance. 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
- −$0.29
- Price spread: −0.128% → −0.103%
- −$2.57
- Slippage, 4 orders
- −$135.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$158.26
- Costs to cover
- 1.554%
- Break-even
- never at this rate
Slippage from Binance: live order book, 38 min ago; QFEX: live order book, 5 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 Binance live order book, 38 min ago | 0.46 bp | 32.8 bp −$33 | 132.3 bp −$1,323 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.38 bp | 47.7 bp −$48 | 50.8 bp −$508 | doesn't fit | doesn't fit |
EBAY on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX EBAY-USDshort | −0.0001% | 1h | 108.41 | −0.128% | $1.1M | $3.8M | 10x | |
| Aster EBAYUSDT | 0.0000% | 8h | 105.88 | −2.464% | $4K | $936 | 20x | as long as short |
| Binance EBAYUSDTlong | 0.0000% | 8h | 108.55 | long leg | $255K | $409K | 20x | |
| Bybit EBAYUSDT | 0.0000% | 8h | 108.44 | −0.101% | $41K | $15K | 25x | as long as short |
| Gate EBAY_USDT | 0.0000% | 8h | 108.49 | −0.055% | $147K | $3K | 20x | as long as short |
| Variational Omni EBAY | 0.0000% | 8h | 108.48 | −0.060% | $17K | $74K | — | as long as short |
| SunX EBAY-USDT | 0.0000% | 8h | 108.51 | −0.036% | $1K | $967K | 10x | as long as short |
| HTX EBAY-USDT | 0.0000% | 8h | 108.43 | −0.110% | $6K | $3K | 10x | as long as short |
| tradeXYZ xyz:EBAY | +0.0050% | 1h | 108.46 | −0.082% | $301K | $76K | 10x | as long as short |
Binance EBAYUSDT
Aster EBAYUSDT
Bybit EBAYUSDT
Gate EBAY_USDT
Variational Omni EBAY
SunX EBAY-USDT
HTX EBAY-USDT
tradeXYZ xyz:EBAY