Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.048%
Price spread now: QFEX against Binance−0.032%7-day average −0.268% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$800.803% of the position
Funding, last 4 days (all we have)−0.048%−$5 on $10k
+Price spread, last 2 days (all we have)−0.580%−$58 · spread now −0.032%, 7d avg −0.268%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.236% dearer against Binance than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.268%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GSUSDT | 958.00 | 0 | get 0.0000% / 8h | 2h 51m | $429K | $376K | 20x |
| Short | QFEX GS-USD | 957.70 | 0 | get 0.0000% / 1h | 51m 54s | $1.1M | $2.7M | 10x |
Binance GSUSDT
QFEX GS-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: −0.032% → −0.268%
- $23.61
- Slippage, 4 orders
- −$60.32
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$56.71
- Costs to cover
- 0.803%
- Break-even
- never at this rate
Slippage from Binance: live order book, 55 min ago; QFEX: live order book, 6 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, 55 min ago | 4.54 bp | 23.9 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 1.83 bp | 17.6 bp −$18 | 20.1 bp −$201 | doesn't fit | doesn't fit |
GS on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX GSUSDC | −0.0033% | 4h | 957.92 | −0.009% | $26K | $243K | 10x | as long as short |
| Binance GSUSDTlong | 0.0000% | 8h | 958.00 | long leg | $429K | $376K | 20x | |
| Bybit GSUSDT | 0.0000% | 8h | 957.25 | −0.079% | $285K | $42K | 25x | as long as short |
| QFEX GS-USDshort | 0.0000% | 1h | 957.70 | −0.032% | $1.1M | $2.7M | 10x | |
| Gate GS_USDT | 0.0000% | 8h | 955.60 | −0.251% | $226K | $8K | 20x | as long as short |
| Bitget GSUSDT | 0.0000% | 8h | 958.02 | +0.002% | $353K | $37K | 20x | as long as short |
| GRVT GS_USDT_Perp | 0.0000% | 8h | 957.42 | −0.061% | — | $120K | 10x | as long as short |
| HTX GS-USDT | 0.0000% | 8h | 959.93 | +0.201% | $9K | $37K | 10x | as long as short |
| Injective GS/USDC PERP | +0.0220% | 1h | 978.89 | +2.180% | $11K | $39K | 12x | as long as short |
edgeX GSUSDC
Bybit GSUSDT
Gate GS_USDT
Bitget GSUSDT
GRVT GS_USDT_Perp
HTX GS-USDT
Injective GS/USDC PERP