Funding you earn now, next payment 09:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.018%
Price spread now: Binance against QFEX+0.023%7-day average +0.069% · 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−$216as in the Price arb table
costs, in and out, $10k−$2122.119% of the position
Funding, last 4 days (all we have)+0.028%+$3 on $10k
+Price spread, last 7 days+0.070%+$7 · spread now +0.023%, 7d avg +0.069%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.046% cheaper against QFEX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.069%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX LRCX-USD | 299.56 | 0.0020 | pay 0.0002% / 1h | 59m 27s | $1.1M | $2.6M | 10x |
| Short | Binance LRCXUSDT | 299.63 | 0 | get 0.0000% / 8h | 6h 59m | $788K | $2.7M | 20x |
QFEX LRCX-USD
Binance LRCXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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: +0.023% → +0.069%
- −$4.61
- Slippage, 4 orders
- −$191.89
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$220.68
- Costs to cover
- 2.119%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; Binance: live order book, 6 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 QFEX live order book, 3 min ago | 77.15 bp | 84.3 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 2.17 bp | 23.5 bp −$24 | 62.4 bp −$624 | 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 LRCXUSDTshort | 0.0000% | 8h | 299.63 | +0.023% | $788K | $2.7M | 20x | |
| Bybit LRCXUSDT | 0.0000% | 8h | 299.36 | −0.067% | $282K | $403K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 300.06 | +0.167% | $377K | $285K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 299.50 | −0.020% | $250K | $476K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 299.37 | −0.063% | $310K | $174K | 20x | as long as short |
| KuCoin LRCXUSDTM | +0.0008% | 8h | 299.18 | −0.127% | $176K | $635K | 20x | as long as short |
| BloFin LRCX-USDT | +0.0018% | 8h | 300.16 | +0.200% | $63K | $34K | 20x | as long as short |
| QFEX LRCX-USDlong | +0.0020% | 1h | 299.56 | long leg | $1.1M | $2.6M | 10x | |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 299.42 | −0.048% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 299.48 | −0.027% | — | $4K | 10x | as long as short |
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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:LRCX | +0.0060% | 1h | 299.05 | −0.169% | $125K | $218K | 10x | as long as short |
| HTX LRCX-USDT | +0.0100% | 8h | 300.21 | +0.217% | $9K | $359K | 10x | as long as short |
Paragon para:LRCX
HTX LRCX-USDT