Funding you earn now, next payment 09:00 UTC+0.0049%/8h= +5.4% APRpaid last 24h +0.062%
Price spread now: edgeX against QFEX+0.235%57s7-day average +0.295% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3403.404% of the position
Funding, last 4 days (all we have)+0.372%+$37 on $10k
+Price spread, last 4 days (all we have)−0.552%−$55 · spread now +0.235%, 7d avg +0.295%
=Together, before fees−0.180%+ Points / potential airdropedgeX: Active · farm board−$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.060% cheaper against QFEX than usual: you would sell low and buy high (spread +0.235% now, against its 7-day average of +0.295%). If the spread goes back, that is −$6 on $10k: about 4.0 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.372% in total) that is about 14 hours. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX GS-USD | 954.14 | 0 | get 0.0000% / 1h | 43m 54s | $1.1M | $2.8M | 10x |
| Short | edgeX GSUSDC | 956.38 | 0.0049 | get 0.0025% / 4h | 3h 43m | $26K | $244K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $10.32
- Price spread: +0.235% → +0.295%
- −$5.96
- Slippage, 4 orders
- −$321.39
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$336.04
- Costs to cover
- 3.404%
- Break-even
- 235.0 days
Slippage from QFEX: live order book, 4 min ago; edgeX: live order book, 53 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, 4 min ago | 2.04 bp | 23.8 bp −$24 | 26.5 bp −$265 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 53 min ago | 18.06 bp | 147.7 bp −$148 | doesn't fit | 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 GSUSDT | 0.0000% | 8h | 954.95 | +0.085% | $421K | $388K | 20x | as long as short |
| Bybit GSUSDT | 0.0000% | 8h | 954.27 | +0.014% | $285K | $38K | 25x | as long as short |
| QFEX GS-USDlong | 0.0000% | 1h | 954.14 | long leg | $1.1M | $2.8M | 10x | |
| Gate GS_USDT | 0.0000% | 8h | 954.30 | +0.017% | $226K | $9K | 20x | as long as short |
| Bitget GSUSDT | 0.0000% | 8h | 955.17 | +0.108% | $344K | $47K | 20x | as long as short |
| HTX GS-USDT | 0.0000% | 8h | 961.93 | +0.816% | $9K | $37K | 10x | as long as short |
| edgeX GSUSDCshort | +0.0049% | 4h | 956.38 | +0.235% | $26K | $244K | 10x | |
| Injective GS/USDC PERP | +0.0220% | 1h | 967.67 | +1.418% | $11K | $39K | 12x | as long as short |
| GRVT GS_USDT_Perp | +0.0925% | 8h | 954.81 | +0.070% | $115 | $118K | 10x | as long as short |
edgeX GSUSDC
Binance GSUSDT
Bybit GSUSDT
Gate GS_USDT
Bitget GSUSDT
HTX GS-USDT
Injective GS/USDC PERP
GRVT GS_USDT_Perp