Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.7300 | 0 | 0.0000% / 1h | 59m 56s | $750K | $156K | 10x | Long QFEX37% off | |
| SHORT | 7.6686 | −0.0223 | pay 0.0028% / 1h | 59m 56s | $745 | $100K | 5x | Short Aftermath Perps5% off |
Price gap−0.795%
Funding gap−0.0223% /8h
Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 0.795% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$28−0.0223% /8h now · paid +0.275% over the last 7D
Price—spread −0.795% now · no price history on both exchanges yet
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—no pointsneeds both price histories
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−0.795%
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
/8hIOVA on 2 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than QFEX’s order book right now.
- Note: Margin at max leverage$1,000 + $2,000QFEX 10x, Aftermath Perps 5x. 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: −$6.68Long QFEX: 24 payments, $0.00; short Aftermath Perps: 24 payments, −$6.68.
- Note: No 7-day spread history−0.795%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$745 vs $750K OIAftermath Perps sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legQFEX No · Aftermath Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0131%/8h × 21 periods+$27.55
Price spread−0.795% → 0−$79.46
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee QFEX bp × 2 orders−$20.00
Fee Aftermath Perps bp × 2 orders−$9.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: QFEX: live order book, 3 min ago; Aftermath Perps: live order book, 17 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX64.52doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTAftermath Perps47.50doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
IOVA news
posts that mention IOVA, from every exchange| 09-21 13:35 | gTrade (Gains Network) | Listing | new market IOVA/USD ($IOVA) seen by our collector |
gTrade (Gains Network)