Funding you earn now, next payment 08:00 UTC−0.0106%/8h= −11.6% APRpaid last 24h −0.020%
Price spread now: QFEX against KuCoin+0.234%7-day average +0.092% · 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−$579as in the Price arb table
costs, in and out, $10k−$5935.932% of the position
Funding, last 4 days (all we have)−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)−0.266%−$27 · spread now +0.234%, 7d avg +0.092%
=The price spread pays, funding is against you. QFEX is 0.142% dearer against KuCoin than usual: you sell high and buy low (spread +0.234% now, against its 7-day average of +0.092%): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LRCXUSDTM | 299.03 | 0.0100 | pay 0.0100% / 8h | 49m 03s | $179K | $592K | 20x |
| Short | QFEX LRCX-USD | 299.73 | −0.0006 | pay 0.0001% / 1h | 49m 03s | $1.1M | $2.6M | 10x |
KuCoin LRCXUSDTM
QFEX LRCX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against KuCoin. 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
- −$22.19
- Price spread: +0.234% → +0.092%
- $14.18
- Slippage, 4 orders
- −$571.19
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$601.21
- Costs to cover
- 5.932%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; QFEX: live order book, 4 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 KuCoin live order book, 5 min ago | 20.23 bp | 319.6 bp −$320 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 27.19 bp | 37.5 bp −$38 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX LRCX-USDshort | −0.0006% | 1h | 299.73 | +0.234% | $1.1M | $2.6M | 10x | |
| Binance LRCXUSDT | 0.0000% | 8h | 300.62 | +0.531% | $806K | $2.7M | 20x | as long as short |
| Bybit LRCXUSDT | 0.0000% | 8h | 300.51 | +0.495% | $281K | $456K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 300.15 | +0.375% | $377K | $289K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 300.10 | +0.358% | $240K | $472K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 300.23 | +0.401% | $313K | $192K | 20x | as long as short |
| BloFin LRCX-USDT | +0.0023% | 8h | 299.98 | +0.318% | $63K | $34K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 300.28 | +0.418% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 299.78 | +0.251% | — | $4K | 10x | as long as short |
| KuCoin LRCXUSDTMlong | +0.0100% | 8h | 299.03 | long leg | $179K | $592K | 20x |
Binance LRCXUSDT
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
Bitget LRCXUSDT
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-USDT | +0.0100% | 8h | 299.41 | +0.127% | $9K | $358K | 10x | as long as short |
| Paragon para:LRCX | +0.0476% | 1h | 299.73 | +0.232% | $110K | $210K | 10x | as long as short |
HTX LRCX-USDT
Paragon para:LRCX