Funding you earn now, next payment 09:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.021%
Price spread now: QFEX against HTX−0.147%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$252as in the Price arb table
costs, in and out, $10k−$2412.407% of the position
Funding, last 4 days (all we have)−0.101%−$10 on $10k
+Price spread, last 4 days (all we have)+0.199%+$20 · spread now −0.147%, 7d avg −0.030%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.116% cheaper against HTX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.030%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX LRCX-USDT | 300.28 | 0.0100 | pay 0.0100% / 8h | 7h 00m | $9K | $359K | 10x |
| Short | QFEX LRCX-USD | 299.84 | 0.0020 | get 0.0002% / 1h | 0m 25s | $1.1M | $2.6M | 10x |
HTX LRCX-USDT
QFEX LRCX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against HTX. 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
- −$16.82
- Price spread: −0.147% → −0.030%
- −$11.64
- Slippage, 4 orders
- −$218.75
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$269.2
- Costs to cover
- 2.407%
- Break-even
- never at this rate
Slippage from HTX: live order book, 32 min ago; QFEX: live order book, 2 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 HTX live order book, 32 min ago | 23.74 bp | 38.6 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 77.15 bp | 84.8 bp −$85 | 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 | 300.04 | −0.080% | $789K | $2.7M | 20x | as long as short |
| Bybit LRCXUSDT | 0.0000% | 8h | 299.83 | −0.150% | $283K | $404K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 300.06 | −0.073% | $377K | $285K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 299.60 | −0.226% | $250K | $488K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 299.69 | −0.196% | $310K | $174K | 20x | as long as short |
| KuCoin LRCXUSDTM | +0.0007% | 8h | 299.33 | −0.316% | $177K | $635K | 20x | as long as short |
| BloFin LRCX-USDT | +0.0018% | 8h | 300.16 | −0.040% | $63K | $34K | 20x | as long as short |
| QFEX LRCX-USDshort | +0.0020% | 1h | 299.84 | −0.147% | $1.1M | $2.6M | 10x | |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 300.40 | +0.040% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 299.50 | −0.260% | — | $4K | 10x | as long as short |
Binance LRCXUSDT
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
Bitget LRCXUSDT
KuCoin LRCXUSDTM
BloFin LRCX-USDT
Extended LRCX_24_5-USD
Vest LRCX-USD-PERPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LRCX-USDTlong | +0.0100% | 8h | 300.28 | long leg | $9K | $359K | 10x | |
| Paragon para:LRCX | +0.0493% | 1h | 299.42 | −0.287% | $125K | $218K | 10x | as long as short |
Paragon para:LRCX