Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.048%
Price spread now: Binance against QFEX−0.065%7-day average +0.287% · 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−$153as in the Price arb table
costs, in and out, $10k−$1181.179% of the position
Funding, last 3 days (all we have)+0.048%+$5 on $10k
+Price spread, last 2 days (all we have)+0.716%+$72 · spread now −0.065%, 7d avg +0.287%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.352% cheaper against QFEX than usual: you would sell low and buy high, −$35 on $10k if it goes back to its 7-day average of +0.287%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX GS-USD | 960.05 | 0 | get 0.0000% / 1h | 20m 05s | $1.1M | $2.5M | 10x |
| Short | Binance GSUSDT | 959.43 | 0 | get 0.0000% / 8h | 6h 20m | $428K | $357K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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: −0.065% → +0.287%
- −$35.25
- Slippage, 4 orders
- −$97.92
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$153.16
- Costs to cover
- 1.179%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 2 min ago; Binance: live order book, 72 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 QFEX live order book, 2 min ago | 1.82 bp | 36.2 bp −$36 | 39.9 bp −$399 | doesn't fit | doesn't fit |
| Sell Binance live order book, 72 min ago | 5.09 bp | 20.3 bp −$20 | 98.8 bp −$988 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GSUSDTshort | 0.0000% | 8h | 959.43 | −0.065% | $428K | $357K | 20x | |
| Bybit GSUSDT | 0.0000% | 8h | 959.18 | −0.091% | $287K | $44K | 25x | as long as short |
| QFEX GS-USDlong | 0.0000% | 1h | 960.05 | long leg | $1.1M | $2.5M | 10x | |
| Gate GS_USDT | 0.0000% | 8h | 959.60 | −0.047% | $227K | $9K | 20x | as long as short |
| Bitget GSUSDT | 0.0000% | 8h | 960.92 | +0.091% | $355K | $35K | 20x | as long as short |
| GRVT GS_USDT_Perp | 0.0000% | 8h | 959.62 | −0.045% | $345 | $118K | 10x | as long as short |
| HTX GS-USDT | 0.0000% | 8h | 959.65 | −0.042% | $9K | $38K | 10x | as long as short |
| edgeX GSUSDC | +0.0158% | 4h | 960.55 | +0.052% | $26K | $243K | 10x | as long as short |
| Injective GS/USDC PERP | +0.0220% | 1h | 983.38 | +2.430% | $11K | $39K | 12x | as long as short |
Binance GSUSDT
Bybit GSUSDT
Gate GS_USDT
Bitget GSUSDT
GRVT GS_USDT_Perp
HTX GS-USDT
edgeX GSUSDC
Injective GS/USDC PERP