Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,413.8 | +0.0720 | pay 0.0090% / 1h | 56m 49s | $1.6M | $424K | 10x | Long QFEX10% back | |
| SHORT | 1,399.3 | +0.0100 | get 0.0013% / 1h | 56m 49s | $11K | $71K | 20x | Short TxFlow5% off |
Price gap−1.026%
Funding gap−0.0620% /8h
Both sides work against this direction now: funding costs $19 a day on $10k and the gap is 1.026% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$34−0.0620% /8h now · paid −0.338% over the last 7D
Price—spread −1.026% now · no price history on both exchanges yet
Costsno datano order book for TxFlow
Result, before costs—+ Points / potential airdropTxFlow: points · farm boardneeds both price histories
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.338% in total, about −0.0161%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−1.026%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hOPENAI on 26 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for TxFlow: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $500QFEX 10x, TxFlow 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$18.60Long QFEX: 24 payments, −$21.60; short TxFlow: 24 payments, +$3.00.
- Note: No 7-day spread history−1.026%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$11K vs $1.6M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legQFEX No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0161%/8h × 21 periods−$33.84
Price spread−1.026% → 0−$102.63
Slippage, 4 ordersno data for TxFlow—
Fee QFEX bp × 2 orders−$20.00
Fee TxFlow bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$165.47
Costs to cover0.290%Break-evennever at this rate
Slippage: QFEX: live order book, 9 min ago; TxFlow: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.2312.2 bp−$1222.9 bp−$229doesn’t fitdoesn’t fit
SELL · SHORTTxFlow—————
Closing costs about the same again.
TxFlow: no data.
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