Funding you earn now, next payment 07:00 UTC+0.0047%/8h= +5.1% APRpaid last 24h +0.020%
Price spread now: KuCoin against QFEX−0.063%7-day average −0.092% · 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−$628as in the Price arb table
costs, in and out, $10k−$6306.304% of the position
Funding, last 4 days (all we have)+0.091%+$9 on $10k
+Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.063%, 7d avg −0.092%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.029% dearer against QFEX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.092%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX LRCX-USD | 299.72 | 0.0053 | pay 0.0007% / 1h | 17m 19s | $1.1M | $2.6M | 10x |
| Short | KuCoin LRCXUSDTM | 299.53 | 0.0100 | get 0.0100% / 8h | 1h 17m | $178K | $600K | 20x |
QFEX LRCX-USD
KuCoin LRCXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $9.81
- Price spread: −0.063% → −0.092%
- $2.87
- Slippage, 4 orders
- −$608.41
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$617.73
- Costs to cover
- 6.304%
- Break-even
- 447.7 days
Slippage from QFEX: live order book, 5 min ago; KuCoin: live order book, 47 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, 5 min ago | 2.17 bp | 10.1 bp −$10 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 47 min ago | 20.12 bp | 289.0 bp −$289 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin LRCX-USDT | −0.0013% | 8h | 299.64 | −0.027% | $63K | $34K | 20x | as long as short |
| Binance LRCXUSDT | 0.0000% | 8h | 300.03 | +0.102% | $808K | $2.7M | 20x | as long as short |
| Bybit LRCXUSDT | 0.0000% | 8h | 299.84 | +0.040% | $280K | $500K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 299.96 | +0.080% | $377K | $293K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 299.90 | +0.060% | $240K | $479K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 300.03 | +0.103% | $312K | $191K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 300.13 | +0.137% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 299.67 | −0.017% | — | $4K | 10x | as long as short |
| QFEX LRCX-USDlong | +0.0053% | 1h | 299.72 | long leg | $1.1M | $2.6M | 10x | |
| KuCoin LRCXUSDTMshort | +0.0100% | 8h | 299.53 | −0.063% | $178K | $600K | 20x |
BloFin LRCX-USDT
Binance LRCXUSDT
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
Bitget LRCXUSDT
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 | 299.66 | −0.020% | $9K | $358K | 10x | as long as short |
| Paragon para:LRCX | +0.0662% | 1h | 300.21 | +0.163% | $428K | $52K | 10x | as long as short |
HTX LRCX-USDT
Paragon para:LRCX