Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | OKXOURA-USDT-SWAP | 51.061 | 0 | get 0.0000% / 8h | 5h 59m | $126K | $1.3M | 20x | Long OKX |
| SHORT | QFEXOURA-USD | 51.150 | −0.0014 | pay 0.0002% / 1h | 59m 36s | $1.1M | $562K | 10x | Short QFEX |
Price gap+0.174%
Funding gap−0.0014% /8h
The gap pays +$17 on $10k if it goes back to its 7d average, but funding costs $0 a day and eats that in about 40 days. At the last 7 days' pace that is about years.
Funding you earn now−0.0014% /8hpaid last 24h 0.000% · next 10:00 UTC
Price spread now+0.174%7d average +0.008% · you sell dearer than you buy
Net 7d · $10k—Paid 7d $016h − costs $161 · under 7 days of funding history
Net, price · $10k−$144spread back to 7d avg − costs · as in Price arb
Costs, in and out · $10k−$1611.606% of a $10k position
Funding, last
16 hours, all we have0.000%$0 on $10kPrice spread, last 18 hours of 7D (all we have)−0.127%−$13 · now +0.174%, avg +0.008%
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
QFEX price against OKXnow
RANGE STATS · 7D
Now+0.174%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hOURA on 12 exchanges
lowest funding first| Exchange | Funding /8h | Every | Price | vs long leg | OI | Vol 24h | Lev | KYC | Use as | |
|---|---|---|---|---|---|---|---|---|---|---|
| LighterOURA | −0.0176% · 1h | 1h | 52.395 | +2.613% | $102K | $186K | 5x | No | 52.395 · +2.613% · OI $102K · 5x · KYC No | longshort |
| QFEXOURA-USD | −0.0014% · 1h | 1h | 51.150 | +0.174% | $1.1M | $562K | 10x | No | 51.150 · +0.174% · OI $1.1M · 10x · KYC No | SHORT |
| tradeXYZxyz:OURA | −0.0010% · 1h | 1h | 51.148 | +0.170% | $221K | $1.0M | 5x | No | 51.148 · +0.170% · OI $221K · 5x · KYC No | longshort |
| OKXOURA-USDT-SWAP | 0.0000% · 8h | 8h | 51.061 | long leg | $126K | $1.3M | 20x | Yes | 51.061 · long leg · OI $126K · 20x · KYC Yes | LONG |
| GateOURA_USDT | 0.0000% · 8h | 8h | 52.270 | +2.368% | $495K | $297K | 10x | Yes | 52.270 · +2.368% · OI $495K · 10x · KYC Yes | longshort |
| BitgetOURAUSDT | 0.0000% · 8h | 8h | 51.003 | −0.114% | $1.5M | $10.9M | 20x | Yes | 51.003 · −0.114% · OI $1.5M · 20x · KYC Yes | longshort |
| SunXOURA-USDT | 0.0000% · 8h | 8h | 50.860 | −0.394% | — | $2.3M | 10x | No | 50.860 · −0.394% · OI — · 10x · KYC No | longshort |
| HTXOURA-USDT | 0.0000% · 8h | 8h | 51.340 | +0.546% | $11K | $393K | 10x | Limited | 51.340 · +0.546% · OI $11K · 10x · KYC Limited | longshort |
| BloFinOURA-USDT | +0.0047% · 8h | 8h | 51.150 | +0.174% | $47K | $25K | 20x | Limited | 51.150 · +0.174% · OI $47K · 20x · KYC Limited | longshort |
| AsterOURAUSD1 | +0.0050% · 8h | 8h | 50.972 | −0.173% | $100K | $73K | 20x | No | 50.972 · −0.173% · OI $100K · 20x · KYC No | longshort |
| BinanceOURAUSDT | +0.0050% · 8h | 8h | 51.153 | +0.180% | $798K | $3.8M | 20x | Yes | 51.153 · +0.180% · OI $798K · 20x · KYC Yes | longshort |
| KuCoinOURAUSDTM | +0.0050% · 8h | 8h | 51.390 | +0.644% | $14K | $3.3M | 20x | Yes | 51.390 · +0.644% · OI $14K · 20x · KYC Yes | longshort |
Before you open
1 ok · 4 to watch- Watch: Thin at this size57.8 / 20.9 bpAt $10k OKX’s book costs 57.8 bp to enter, 2.8× QFEX’s.
- Note: Margin at max leverage$500 + $1,000OKX 20x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.42Long OKX: 3 payments, $0.00; short QFEX: 24 payments, −$0.42.
- OK: Entry gap works for you+0.174% vs +0.008%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$126K vs $1.1M OIOKX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCOKX Yes · QFEX NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spread+0.174% → +0.008% (7d avg)+$16.66
Slippage, 4 orderslive order books−$140.57
Fee OKX bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k−$143.91
Costs to cover1.606%Break-evennever at this rate
Slippage: OKX: live order book, 3 min ago; QFEX: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX11.0857.8 bp−$58249.1 bp−$2,491doesn’t fitdoesn’t fit
SELL · SHORTQFEX2.9420.9 bp−$21doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.