Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 320.88 | 0 | 0.0000% / 1h | 1m 11s | $2.0M | $289K | 10x | Long QFEX10% back | |
| SHORT | 320.94 | +0.0050 | get 0.0006% / 1h | 1m 11s | $179K | $9K | 10x | Short Backpack |
Price gap+0.019%
Funding gap+0.0050% /8h
Funding trade: +$2 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$51+0.0050% /8h now · paid +0.513% over the last 7D
Price$0spread +0.019% now, avg +0.016% → +0.002% if it goes back
Costs−$360.359% 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+0.019%
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
/8hGOOGL on 43 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- OK: Fits both order books11.4 / 5.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $1,000QFEX 10x, Backpack 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$1.50Long QFEX: 24 payments, $0.00; short Backpack: 24 payments, +$1.50.
- Note: Gap at its usual level+0.019% vs +0.016%The price leg adds little either way.
- Watch: Short leg is thinner$179K vs $2.0M OIBackpack sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX No · Backpack YesKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0244%/8h × 21 periods+$51.30
Price spread+0.019% → +0.016% (7d avg)+$0.24
Slippage, 4 orderslive order books−$5.95
Fee QFEX bp × 2 orders−$20.00
Fee Backpack bp × 2 orders−$10.00
Net · 7 days · $10k+$15.60
Costs to cover0.359%Break-even4.9 days
Slippage: QFEX: live order book, 3 min ago; Backpack: live order book, 23 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX1.4011.4 bp−$1111.9 bp−$11916.7 bp−$1,672doesn’t fit
SELL · SHORTBackpack0.315.5 bp−$5doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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