Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 167.20 | −0.4458 | get 0.0557% / 1h | 53m 51s | $106K | $463K | 10x | Long tradeXYZ | |
| SHORT | 166.38 | 0 | 0.0000% / 1h | 53m 51s | — | — | 10x | Short QFEX10% back |
Price gap−0.490%
Funding gap+0.4458% /8h
Funding pays +$134 a day on $10k, but the gap is 0.490% under zero (no 7-day history yet): −$49 if it goes back, about 9 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—+0.4458% /8h now · no funding history yet
Price—spread −0.490% now · no price history on both exchanges yet
Costsno datano order book for QFEX
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.490%
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
/8hICE on 2 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for QFEX: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $1,000tradeXYZ 10x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$133.75Long tradeXYZ: 24 payments, +$133.75; short QFEX: 24 payments, $0.00.
- Note: No 7-day spread history−0.490%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner— vs $106K OIQFEX sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- OK: No KYC on either legtradeXYZ No · QFEX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate+$936.25
Price spread−0.490% → 0−$49.04
Slippage, 4 ordersno data for QFEX—
Fee tradeXYZ bp × 2 orders−$1.80
Fee QFEX bp × 2 orders−$20.00
Net, fees only · 7 days · $10k+$865.41
Costs to cover0.218%Break-even0.5 days
Slippage: tradeXYZ: live order book, 62 min ago; QFEX: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ23.0732.9 bp−$33doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTQFEX—————
Closing costs about the same again.
QFEX: no data.
| 10-30 12:07 | QFEX | Listing | new market ICE-USD ($ICE) seen by our collector |
| 10-29 13:57 | Markets by Kinetiq | Product | BREAKING: Billionaire investor Stan Druckenmiller announces in his FIRST-EVER tweet that he has invested in trade[XYZ]. He backs its partnership with NYSE owner ICE to bring 24/7 perpetual futures powered by Hyperliquid to the U.S. $HYPE surges past $91. @Markets_xyz on X ↗ |
| 10-29 13:45 | tradeXYZ | Other | ICE references 1 share of Intercontinental Exchange, Inc. common stock (NYSE: ICE), quoted in USD. ICE operates exchanges and clearing houses, including the New York Stock Exchange, and provides market data. @tradexyz on X ↗ |
| 10-29 13:45 | tradeXYZ | Listing | ICE is now live. 10x leverage, 24/7, 365. @tradexyz on X ↗ |
| 10-29 13:37 | tradeXYZ | Listing | new market xyz:ICE ($ICE) seen by our collector |
| 10-29 13:00 | OKX | Other | Another major milestone for the OKXICE joint venture. ICE and @tradexyz are advancing a new regulated, 24/7 market model for U.S. retail traders, with access through OKXICE. One shared vision: financial markets that are more open, efficient, and accessible. @okx on X ↗ |

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