Funding you earn now, next payment 07:00 UTC+0.0053%/8h= +5.8% APRpaid last 24h −0.038%
Price spread now: QFEX against Binance+0.080%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$670.672% of the position
Funding, last 4 days (all we have)−0.030%−$3 on $10k
+Price spread, last 7 days−0.116%−$12 · spread now +0.080%, 7d avg −0.070%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and QFEX is 0.149% dearer against Binance than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LRCXUSDT | 301.08 | 0 | get 0.0000% / 8h | 1h 55m | $809K | $2.7M | 20x |
| Short | QFEX LRCX-USD | 301.32 | 0.0053 | get 0.0007% / 1h | 55m 55s | $1.1M | $2.6M | 10x |
Binance LRCXUSDT
QFEX LRCX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Binance. 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
- $11.19
- Price spread: +0.080% → −0.070%
- $14.94
- Slippage, 4 orders
- −$47.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$41.03
- Costs to cover
- 0.672%
- Break-even
- 32.7 days
Slippage from Binance: live order book, 9 min ago; QFEX: live order book, 7 min ago.
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 Binance live order book, 9 min ago | 3.81 bp | 16.1 bp −$16 | 69.4 bp −$694 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 2.16 bp | 11.3 bp −$11 | 19.9 bp −$199 | doesn't fit | doesn't fit |
LRCX on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance LRCXUSDTlong | 0.0000% | 8h | 301.08 | long leg | $809K | $2.7M | 20x | |
| Bybit LRCXUSDT | 0.0000% | 8h | 300.82 | −0.086% | $278K | $505K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 301.00 | −0.027% | $379K | $289K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 300.80 | −0.093% | $240K | $463K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 301.13 | +0.017% | $313K | $191K | 20x | as long as short |
| BloFin LRCX-USDT | +0.0006% | 8h | 301.44 | +0.120% | $63K | $35K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 300.33 | −0.249% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 300.85 | −0.076% | — | $4K | 10x | as long as short |
| QFEX LRCX-USDshort | +0.0053% | 1h | 301.32 | +0.080% | $1.1M | $2.6M | 10x | |
| KuCoin LRCXUSDTM | +0.0100% | 8h | 300.73 | −0.116% | $179K | $621K | 20x | as long as short |
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
Bitget LRCXUSDT
BloFin LRCX-USDT
Extended LRCX_24_5-USD
Vest LRCX-USD-PERP
KuCoin LRCXUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LRCX-USDT | +0.0100% | 8h | 301.31 | +0.076% | $9K | $358K | 10x | as long as short |
| Paragon para:LRCX | +0.0268% | 1h | 300.96 | −0.039% | $429K | $53K | 10x | as long as short |
HTX LRCX-USDT
Paragon para:LRCX