Funding you earn now, next payment 08:00 UTC+0.0442%/8h= +48.4% APRnext payment +$0.55 per $10,000 · paid last 24h −0.139%
Price spread now: QFEX against Paragon−0.046%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. QFEX is 0.046% cheaper against Paragon than usual: you would sell low and buy high (spread −0.046% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 8 hours of funding at the current rate (+$13 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:IGV | 107.57 | −0.0442 | get 0.0055% / 1h | 15m 51s | $13K | $2K | 10x |
| Short | QFEX IGV-USD | 107.52 | 0 | get 0.0000% / 1h | 15m 51s | $1.1M | $2.1M | 30x |
Paragon para:IGV
QFEX IGV-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Paragon. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $92.74
- Price spread: −0.046% → 0.000%
- −$4.65
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $68.09
- Costs to cover
- 0.200%
- Break-even
- 1.9 days
Slippage unknown: Paragon: no order-book sample; QFEX: live order book, 11 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Paragon no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 11 min ago | 2.33 bp | 11.0 bp −$11 | 11.9 bp −$119 | doesn't fit | doesn't fit |
Paragon: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
IGV on 3 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:IGVlong | −0.0442% | 1h | 107.57 | long leg | $13K | $2K | 10x | |
| QFEX IGV-USDshort | 0.0000% | 1h | 107.52 | −0.046% | $1.1M | $2.1M | 30x | |
| MEXC IGV_USDT | +0.0200% | 8h | 107.40 | −0.158% | $82K | $85K | 20x | as long as short |
MEXC IGV_USDT