Funding you earn now, next payment 06:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h −0.111%
Price spread now: QFEX against Binance−0.252%7-day average +0.068% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.105%−$10 on $10k
+Price spread, last 2 days (all we have)+0.318%+$32 · spread now −0.252%, 7d avg +0.068%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.320% cheaper against Binance than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of +0.068%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FLEXUSDT | 111.58 | 0 | get 0.0000% / 8h | 2h 19m | $298K | $260K | 25x |
| Short | QFEX FLEX-USD | 111.30 | −0.0043 | pay 0.0005% / 1h | 19m 07s | $1.1M | $2.7M | 10x |
Binance FLEXUSDT
QFEX FLEX-USDFunding 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
- −$9.11
- Price spread: −0.252% → +0.068%
- −$32.01
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$61.12
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 12 min ago; QFEX: live order book, 4 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 Binance live order book, 12 min ago | 1.80 bp | 38.6 bp −$39 | 114.3 bp −$1,143 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 8.09 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
FLEX on 6 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 FLEX-USDshort | −0.0043% | 1h | 111.30 | −0.252% | $1.1M | $2.7M | 10x | |
| Binance FLEXUSDTlong | 0.0000% | 8h | 111.58 | long leg | $298K | $260K | 25x | |
| Bybit FLEXUSDT | 0.0000% | 8h | 111.32 | −0.234% | $128K | $251K | 25x | as long as short |
| Gate FLEX_USDT | 0.0000% | 8h | 111.56 | −0.019% | $177K | $127K | 20x | as long as short |
| Bitget FLEXUSDT | 0.0000% | 8h | 111.55 | −0.028% | $102K | $50K | 20x | as long as short |
| HTX FLEX-USDT | +0.0100% | 8h | 111.27 | −0.279% | $4K | $11K | 10x | as long as short |
Bybit FLEXUSDT
Gate FLEX_USDT
Bitget FLEXUSDT
HTX FLEX-USDT