Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 61.460 | 0 | 0.0000% / 8h | 5h 46m | $202K | $1.5M | 20x | Long KuCoin | |
| SHORT | 61.370 | 0 | 0.0000% / 1h | 46m 17s | $156K | $78K | 10x | Short QFEX |
Price gap−0.146%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.114% under its 7d average: the price leg works against you, −$11 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$20.0000% /8h now · paid −0.021% over the last 23 hours (all we have)
Price−$11spread −0.146% now, avg −0.033% → −0.114% if it goes back
Costs−$6666.662% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.146%
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
/8hHPE on 12 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size349.7 / 29.6 bpAt $10k entering KuCoin costs 349.7 bp, fee and slippage, 11.8× QFEX’s.
- Note: Margin at max leverage$500 + $1,000KuCoin 20x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long KuCoin: 3 payments, $0.00; short QFEX: 24 payments, $0.00.
- Watch: Gap narrower than usual−0.146% vs −0.033%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$156K vs $202K OIQFEX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCKuCoin Yes · QFEX NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0073%/8h × 21 periods−$15.26
Price spread−0.146% → −0.033% (7d avg)−$11.38
Slippage, 4 orderslive order books−$634.19
Fee KuCoin bp × 2 orders−$12.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$692.83
Costs to cover6.662%Break-evennever at this rate
Slippage: KuCoin: live order book, 6 min ago; QFEX: live order book, 30 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin5.69349.7 bp−$350doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTQFEX1.6329.6 bp−$3035.4 bp−$354doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 15:29 | QFEX | Other | $HPE - Hewlett Packard Enterprise Company is now trading 24/7 @QFEX on X ↗ |
| 09-29 11:02 | QFEX | Listing | new market HPE-USD ($HPE) seen by our collector |
