Funding you earn now, next payment 03:00 UTC−0.0403%/8h= −44.1% APRnext payment −$0.50 per $10,000 · paid last 24h −0.284%
Price spread now: QFEX against tradeXYZ−0.339%7-day average +0.739% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.889%−$89 on $10k
+Price spread, last 4 days (all we have)+0.362%+$36 · spread now −0.339%, 7d avg +0.739%
=Together, before fees−0.527%+ Points / potential airdroptradeXYZ: Active · farm board−$53 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and QFEX is 1.078% cheaper against tradeXYZ than usual: you would sell low and buy high (−$108 if the spread goes back to its 7-day average of +0.739%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NCLD | 25.065 | 0.0403 | pay 0.0050% / 1h | 51m 29s | $243K | $249K | 10x |
| Short | QFEX NCLD-USD | 24.980 | 0 | get 0.0000% / 1h | 51m 29s | $1.1M | $553K | 10x |
tradeXYZ xyz:NCLD
QFEX NCLD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against tradeXYZ. 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
- −$84.62
- Price spread: −0.339% → +0.739%
- −$107.77
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$220.39
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 55 min ago; QFEX: live order book, 9 min ago. Net counts fees only.
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 tradeXYZ live order book, 55 min ago | 61.71 bp | 150.7 bp −$151 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 9 min ago | 254.25 bp | 307.2 bp −$307 | 314.0 bp −$3,140 | doesn't fit | doesn't fit |
NCLD on 4 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 NCLDUSDT | 0.0000% | 8h | 25.070 | +0.020% | $170K | $84K | 25x | as long as short |
| QFEX NCLD-USDshort | 0.0000% | 1h | 24.980 | −0.339% | $1.1M | $553K | 10x | |
| Polymarket Perps NCLD-USD | +0.0050% | 1h | 25.045 | −0.080% | $19K | $183K | 10x | as long as short |
| tradeXYZ xyz:NCLDlong | +0.0403% | 1h | 25.065 | long leg | $243K | $249K | 10x |
Bybit NCLDUSDT
Polymarket Perps NCLD-USD