Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 61.460 | 0 | 0.0000% / 1h | 19m 55s | $156K | $78K | 10x | Long QFEX | |
| SHORT | 61.570 | 0 | 0.0000% / 8h | 6h 19m | $202K | $1.5M | 20x | Short KuCoin |
Price gap+0.179%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$15 on $10k if the gap goes back to its 7d average.
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+$15spread +0.179% now, avg +0.031% → +0.148% if it goes back
Costs−$5365.357% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.179%
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
1 ok · 4 to watch- Watch: Thin at this size29.5 / 273.1 bpAt $10k entering KuCoin costs 273.1 bp, fee and slippage, 9.3× QFEX’s.
- Note: Margin at max leverage$1,000 + $500QFEX 10x, KuCoin 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long QFEX: 24 payments, $0.00; short KuCoin: 3 payments, $0.00.
- OK: Entry gap works for you+0.179% vs +0.031%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long 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: KYCQFEX No · KuCoin YesStandard 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+0.0074%/8h × 21 periods+$15.63
Price spread+0.179% → +0.031% (7d avg)+$14.78
Slippage, 4 orderslive order books−$503.72
Fee QFEX bp × 2 orders−$20.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$505.31
Costs to cover5.357%Break-even233.2 days
Slippage: QFEX: live order book, 6 min ago; KuCoin: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX1.6329.5 bp−$2936.0 bp−$360doesn’t fitdoesn’t fit
SELL · SHORTKuCoin9.75273.1 bp−$273doesn’t fitdoesn’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 |