Funding you earn now, next payment 05:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h +0.010%
Price spread now: QFEX against Gate+0.235%7-day average +0.047% · 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−$99as in the Price arb table
costs, in and out, $10k−$1181.175% of the position
Funding, last 4 days (all we have)+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.235%, 7d avg +0.047%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.188% dearer against Gate than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LRCX_USDT | 302.60 | 0 | get 0.0000% / 8h | 3h 29m | $240K | $441K | 20x |
| Short | QFEX LRCX-USD | 303.31 | 0.0019 | get 0.0002% / 1h | 29m 51s | $1.1M | $2.6M | 10x |
Gate LRCX_USDT
QFEX LRCX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Gate. 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
- $4.08
- Price spread: +0.235% → +0.047%
- $18.78
- Slippage, 4 orders
- −$92.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$94.65
- Costs to cover
- 1.175%
- Break-even
- 169.3 days
Slippage from Gate: live order book, 21 min ago; QFEX: live order book, 3 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 Gate live order book, 21 min ago | 16.47 bp | 46.0 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.65 bp | 12.3 bp −$12 | doesn't fit | 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 LRCXUSDT | 0.0000% | 8h | 303.36 | +0.251% | $819K | $2.7M | 20x | as long as short |
| Bybit LRCXUSDT | 0.0000% | 8h | 302.63 | +0.010% | $334K | $473K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 302.91 | +0.102% | $382K | $278K | 20x | as long as short |
| Gate LRCX_USDTlong | 0.0000% | 8h | 302.60 | long leg | $240K | $441K | 20x | |
| Bitget LRCXUSDT | 0.0000% | 8h | 303.39 | +0.261% | $315K | $190K | 20x | as long as short |
| QFEX LRCX-USDshort | +0.0019% | 1h | 303.31 | +0.235% | $1.1M | $2.6M | 10x | |
| BloFin LRCX-USDT | +0.0021% | 8h | 302.54 | −0.020% | $63K | $35K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 303.14 | +0.178% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 303.16 | +0.185% | — | $4K | 10x | as long as short |
| KuCoin LRCXUSDTM | +0.0100% | 8h | 302.81 | +0.069% | $177K | $665K | 20x | as long as short |
Binance LRCXUSDT
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
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 | 303.14 | +0.178% | $9K | $355K | 10x | as long as short |
| Paragon para:LRCX | +0.0553% | 1h | 302.88 | +0.091% | $431K | $60K | 10x | as long as short |
HTX LRCX-USDT
Paragon para:LRCX