Funding you earn now, next payment 09:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.009%
Price spread now: QFEX against OKX−0.040%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−$131as in the Price arb table
costs, in and out, $10k−$1241.239% of the position
Funding, last 4 days (all we have)+0.056%+$6 on $10k
+Price spread, last 4 days (all we have)+0.315%+$32 · spread now −0.040%, 7d avg +0.030%
=Funding pays, the price is against you. QFEX is 0.071% cheaper against OKX than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.030%). If the spread goes back, that is −$7 on $10k: about 12 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.056% in total) that is about 4.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LRCX-USDT-SWAP | 296.71 | 0 | get 0.0000% / 8h | 7h 28m | $372K | $282K | 20x |
| Short | QFEX LRCX-USD | 296.59 | 0.0020 | get 0.0002% / 1h | 28m 10s | $1.1M | $2.7M | 10x |
OKX LRCX-USDT-SWAP
QFEX LRCX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against OKX. 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
- $4.18
- Price spread: −0.040% → +0.030%
- −$7.09
- Slippage, 4 orders
- −$103.94
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$126.85
- Costs to cover
- 1.239%
- Break-even
- 219.3 days
Slippage from OKX: live order book, 2 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 OKX live order book, 2 min ago | 9.27 bp | 49.6 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.35 bp | 8.8 bp −$9 | 15.4 bp −$154 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LRCXUSDT | −0.0643% | 8h | 296.67 | −0.013% | $279K | $405K | 25x | as long as short |
| Binance LRCXUSDT | 0.0000% | 8h | 296.76 | +0.017% | $790K | $2.6M | 20x | as long as short |
| OKX LRCX-USDT-SWAPlong | 0.0000% | 8h | 296.71 | long leg | $372K | $282K | 20x | |
| Gate LRCX_USDT | 0.0000% | 8h | 296.70 | −0.003% | $245K | $485K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 296.58 | −0.044% | $309K | $175K | 20x | as long as short |
| BloFin LRCX-USDT | +0.0004% | 8h | 296.83 | +0.040% | $63K | $34K | 20x | as long as short |
| KuCoin LRCXUSDTM | +0.0007% | 8h | 296.61 | −0.034% | $176K | $622K | 20x | as long as short |
| QFEX LRCX-USDshort | +0.0020% | 1h | 296.59 | −0.040% | $1.1M | $2.7M | 10x | |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 296.48 | −0.077% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 296.44 | −0.091% | — | $4K | 10x | as long as short |
Bybit LRCXUSDT
Binance LRCXUSDT
Gate LRCX_USDT
Bitget LRCXUSDT
BloFin LRCX-USDT
KuCoin LRCXUSDTM
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 | 297.10 | +0.131% | $9K | $360K | 10x | as long as short |
| Paragon para:LRCX | +0.0533% | 1h | 296.44 | −0.090% | $124K | $218K | 10x | as long as short |
HTX LRCX-USDT
Paragon para:LRCX