Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.045%
Price spread now: QFEX against Binance+0.140%7-day average −0.224% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1721.723% of the position
Funding, last 4 days (all we have)−0.054%−$5 on $10k
+Price spread, last 7 days−1.700%−$170 · spread now +0.140%, 7d avg −0.224%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.364% dearer against Binance than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of −0.224%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FWDIUSDT | 8.2384 | 0 | get 0.0000% / 8h | 5h 05m | $472K | $1.8M | 10x |
| Short | QFEX FWDI-USD | 8.2500 | 0 | get 0.0000% / 1h | 5m 02s | $1.1M | $439K | 10x |
Binance FWDIUSDT
QFEX FWDI-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
- $0
- Price spread: +0.140% → −0.224%
- $36.43
- Slippage, 4 orders
- −$152.28
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$135.85
- Costs to cover
- 1.723%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 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, 14 min ago | 6.66 bp | 33.1 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 6.06 bp | 35.2 bp −$35 | 57.6 bp −$576 | doesn't fit | doesn't fit |
FWDI on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget FWDIUSDT | −0.0025% | 8h | 8.2630 | +0.298% | $439K | $214K | 5x | as long as short |
| Binance FWDIUSDTlong | 0.0000% | 8h | 8.2384 | long leg | $472K | $1.8M | 10x | |
| Bybit FWDIUSDT | 0.0000% | 8h | 8.2280 | −0.127% | $360K | $356K | 25x | as long as short |
| OKX FWDI-USDT-SWAP | 0.0000% | 8h | 8.2260 | −0.151% | $329K | $257K | 10x | as long as short |
| QFEX FWDI-USDshort | 0.0000% | 1h | 8.2500 | +0.140% | $1.1M | $439K | 10x | |
| Variational Omni FWDI | 0.0000% | 8h | 8.2374 | −0.013% | $115K | $121K | — | as long as short |
| HTX FWDI-USDT | 0.0000% | 8h | 8.2280 | −0.127% | $7K | $61K | 10x | as long as short |
Bitget FWDIUSDT
Bybit FWDIUSDT
OKX FWDI-USDT-SWAP
Variational Omni FWDI
HTX FWDI-USDT