Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 61.520 | 0 | 0.0000% / 8h | 1h 53m | $1K | $130K | 10x | Long SunX≤10% back | |
| SHORT | 61.450 | 0 | 0.0000% / 1h | 53m 26s | $154K | $77K | 10x | Short QFEX |
Price gap−0.114%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 19 hours (all we have)
Price−$2spread −0.114% now, avg −0.095% → −0.019% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$2−0.02%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
QFEX price against SunXnow
RANGE STATS · 7D
Now−0.114%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hHPE on 11 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$1,000 + $1,000SunX 10x, 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 SunX: 3 payments, $0.00; short QFEX: 24 payments, $0.00.
- Note: Gap at its usual level−0.114% vs −0.095%The price leg adds little either way.
- Watch: Long leg is thinner$1K vs $154K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legSunX No · QFEX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods+$0.09
Price spread−0.114% → −0.095% (7d avg)−$1.86
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 14 min ago; QFEX: live order book, 51 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX500.49doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTQFEX1.6321.1 bp−$21doesn’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 |
