Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 6.7500 | 0 | 0.0000% / 1h | 16m 16s | $1.3M | $37K | 10x | Long QFEX10% back | |
| SHORT | 6.7540 | 0 | 0.0000% / 8h | 7h 16m | $7K | $610K | 20x | Short KuCoin |
Price gap+0.059%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$23 on $10k if the gap goes back to its 7d average.
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+$23spread +0.059% now, avg −0.168% → +0.227% if it goes back
Costs−$1,17911.793% 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+0.059%
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
1 ok · 4 to watch- Watch: Thin at this size373.2 / 293.5 bpAt $10k entering QFEX costs 373.2 bp, fee and slippage, 1.3× 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: $0.00Long QFEX: 24 payments, $0.00; short KuCoin: 3 payments, $0.00.
- OK: Entry gap works for you+0.059% vs −0.168%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short 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: 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−0.0042%/8h × 21 periods−$8.86
Price spread+0.059% → −0.168% (7d avg)+$22.71
Slippage, 4 orderslive order books−$1,147.30
Fee QFEX bp × 2 orders−$20.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$1,165.45
Costs to cover11.793%Break-evennever at this rate
Slippage: QFEX: live order book, 6 min ago; KuCoin: live order book, 58 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX112.19373.2 bp−$373400.9 bp−$4,009doesn’t fitdoesn’t fit
SELL · SHORTKuCoin11.18293.5 bp−$293doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.