Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 6.7620 | 0 | 0.0000% / 8h | 6h 16m | $7K | $615K | 20x | Long KuCoin | |
| SHORT | 6.7400 | 0 | 0.0000% / 1h | 16m 33s | $1.3M | $39K | 10x | Short QFEX10% back |
Price gap−0.325%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.492% under its 7d average: the price leg works against you, −$49 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$70.0000% /8h now · paid +0.068% over the last 5 days (all we have)
Price−$49spread −0.325% now, avg +0.167% → −0.492% if it goes back
Costs−$1,67016.704% 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−0.325%
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
/8hFWDI on 10 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size372.3 / 442.8 bpAt $10k entering QFEX costs 442.8 bp, fee and slippage, 1.2× KuCoin’s.
- Note: Margin at max leverage$500 + $1,000KuCoin 20x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long KuCoin: 3 payments, $0.00; short QFEX: 24 payments, $0.00.
- Watch: Gap narrower than usual−0.325% vs +0.167%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$7K vs $1.3M OIKuCoin sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCKuCoin Yes · QFEX NoStandard 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+0.0042%/8h × 21 periods+$8.80
Price spread−0.325% → +0.167% (7d avg)−$49.19
Slippage, 4 orderslive order books−$1,638.41
Fee KuCoin bp × 2 orders−$12.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$1,710.81
Costs to cover16.704%Break-even1368.6 days
Slippage: KuCoin: live order book, 49 min ago; QFEX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin10.36372.3 bp−$372doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTQFEX207.71442.8 bp−$443484.8 bp−$4,848doesn’t fitdoesn’t fit
Closing costs about the same again.