Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb · Price arb /

LRCX

RWAall LRCX markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 06:00 UTC+0.0294%/8h= +32.1% APRnext payment +$0.37 per $10,000 · paid last 24h +0.115%
Price spread now: Paragon against QFEX−0.248%7-day average +0.048% · 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−$100as in the Price arb table
costs, in and out, $10k−$700.704% of the position
Long on QFEXShort on Paragon
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.052%+$5 on $10k
Price spread, last 4 days (all we have)+0.105%+$11 · spread now −0.248%, 7d avg +0.048%
Together, before fees+0.157%+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Paragon is 0.295% cheaper against QFEX than usual: you would sell low and buy high (spread −0.248% now, against its 7-day average of +0.048%). If the spread goes back, that is −$30 on $10k: about 3.4 days of funding at the current rate (+$9 a day). At the pace of the last 4 days (+0.052% in total) that is about 21 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.052% in total (about 5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.37 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX LRCX-USD301.890.0056pay 0.0007% / 1h8m 42s$1.1M$2.5M10x
ShortParagon para:LRCX301.140.0349get 0.0044% / 1h8m 42s$429K$53K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon against QFEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$61.65
Price spread: −0.248% → +0.048%
−$29.54
Slippage, 4 orders
−$50.43
Fee QFEX: 5 bp × 2 orders
−$10
Fee Paragon: 5 bp × 2 orders
−$10
Net
−$38.32
Costs to cover
0.704%
Break-even
11.4 days
Slippage from QFEX: live order book, 4 min ago; Paragon: live order book, 67 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 4 min ago2.32 bp8.8 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Paragon live order book, 67 min ago21.27 bp26.3 bp −$2660.1 bp −$601doesn't fitdoesn't fit

LRCX on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LRCXUSDT0.0000%8h301.98+0.029%$813K$2.7M20xas long as short
Bybit LRCXUSDT0.0000%8h301.72−0.056%$279K$505K25xas long as short
OKX LRCX-USDT-SWAP0.0000%8h301.10−0.262%$379K$294K20xas long as short
Gate LRCX_USDT0.0000%8h301.70−0.063%$238K$463K20xas long as short
Bitget LRCXUSDT0.0000%8h301.59−0.099%$313K$190K20xas long as short
BloFin LRCX-USDT+0.0015%8h302.03+0.046%$63K$35K20xas long as short
Extended LRCX_24_5-USD+0.0040%1h300.71−0.391%——10xas long as short
Vest LRCX-USD-PERP+0.0046%1h300.89−0.331%—$4K10xas long as short
QFEX LRCX-USDlong+0.0056%1h301.89long leg$1.1M$2.5M10x
KuCoin LRCXUSDTM+0.0100%8h301.34−0.182%$179K$629K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX LRCX-USDT+0.0100%8h301.96+0.023%$9K$357K10xas long as short
Paragon para:LRCXshort+0.0349%1h301.14−0.248%$429K$53K10x