Settings8H · net · $10k
Funding arb · Price arb /

GS

RWAall GS markets
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Alert: funding
Alert: spread
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 − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3403.404% of the position
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX GS-USD954.140get 0.0000% / 1h43m 54s$1.1M$2.8M10x
ShortedgeX GSUSDC956.380.0049get 0.0025% / 4h3h 43m$26K$244K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 4 min ago2.04 bp23.8 bp −$2426.5 bp −$265doesn't fitdoesn't fit
Sell edgeX live order book, 53 min ago18.06 bp147.7 bp −$148doesn't fitdoesn't fitdoesn't fit

GS on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance GSUSDT0.0000%8h954.95+0.085%$421K$388K20xas long as short
Bybit GSUSDT0.0000%8h954.27+0.014%$285K$38K25xas long as short
QFEX GS-USDlong0.0000%1h954.14long leg$1.1M$2.8M10x
Gate GS_USDT0.0000%8h954.30+0.017%$226K$9K20xas long as short
Bitget GSUSDT0.0000%8h955.17+0.108%$344K$47K20xas long as short
HTX GS-USDT0.0000%8h961.93+0.816%$9K$37K10xas long as short
edgeX GSUSDCshort+0.0049%4h956.38+0.235%$26K$244K10x
Injective GS/USDC PERP+0.0220%1h967.67+1.418%$11K$39K12xas long as short
GRVT GS_USDT_Perp+0.0925%8h954.81+0.070%$115$118K10xas long as short