OURA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	QFEXOURA-USD	51.430	−0.0014	get 0.0002% / 1h	19m 34s	$1.1M	$566K	10x	Long QFEX
SHORT	SunXOURA-USDT	51.240	0	get 0.0000% / 8h	5h 19m	—	$2.2M	10x	Short SunX≤10% back

Price gap−0.369%

Funding gap+0.0014% /8h

Funding trade: $0 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

Funding you earn now+0.0014% /8hpaid last 24h 0.000% · next 11:00 UTC

Price spread now−0.369%7d average −0.362% · you buy dearer than you sell

Net 7d · $10k—book too thin at $10k

Net, price · $10k—book too thin at $10k

Costs, in and out · $10kdoesn’t fitbook too thin at $10k

Funding, last

17 hours, all we have0.000%$0 on $10k

Price spread, last 18 hours of 7D (all we have)−0.096%−$10 · now −0.369%, avg −0.362%

Together, before fees−0.096%−$10no pointsWith fees, hour by hour → backtest

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

SunX price against QFEXnow

RANGE STATS · 7D

Now−0.369%

Average—

Range—

Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

OURA on 12 exchanges

lowest funding first

Exchange	Funding /8h	Every	Price	vs long leg	OI	Vol 24h	Lev	KYC	Use as
LighterOURA	−0.0216% · 1h	1h	52.395	+1.876%	$110K	$197K	5x	No	52.395 · +1.876% · OI $110K · 5x · KYC No	long short
QFEXOURA-USD	−0.0014% · 1h	1h	51.430	long leg	$1.1M	$566K	10x	No	51.430 · long leg · OI $1.1M · 10x · KYC No	LONG
OKXOURA-USDT-SWAP	0.0000% · 8h	8h	51.386	−0.086%	$132K	$1.1M	20x	Yes	51.386 · −0.086% · OI $132K · 20x · KYC Yes	long short
GateOURA_USDT	0.0000% · 8h	8h	52.520	+2.119%	$601K	$391K	10x	Yes	52.520 · +2.119% · OI $601K · 10x · KYC Yes	long short
BitgetOURAUSDT	0.0000% · 8h	8h	51.266	−0.319%	$1.6M	$10.0M	20x	Yes	51.266 · −0.319% · OI $1.6M · 20x · KYC Yes	long short
SunXOURA-USDT	0.0000% · 8h	8h	51.240	−0.369%	—	$2.2M	10x	No	51.240 · −0.369% · OI — · 10x · KYC No	SHORT
HTXOURA-USDT	0.0000% · 8h	8h	51.580	+0.292%	$12K	$393K	10x	Limited	51.580 · +0.292% · OI $12K · 10x · KYC Limited	long short
tradeXYZxyz:OURA	+0.0001% · 1h	1h	51.320	−0.214%	$226K	$1.0M	5x	No	51.320 · −0.214% · OI $226K · 5x · KYC No	long short
BloFinOURA-USDT	+0.0023% · 8h	8h	51.480	+0.097%	$46K	$26K	20x	Limited	51.480 · +0.097% · OI $46K · 20x · KYC Limited	long short
AsterOURAUSD1	+0.0050% · 8h	8h	51.146	−0.552%	$101K	$73K	20x	No	51.146 · −0.552% · OI $101K · 20x · KYC No	long short
BinanceOURAUSDT	+0.0050% · 8h	8h	51.435	+0.010%	$811K	$3.4M	20x	Yes	51.435 · +0.010% · OI $811K · 20x · KYC Yes	long short
KuCoinOURAUSDTM	+0.0050% · 8h	8h	51.650	+0.428%	$15K	$3.3M	20x	Yes	51.650 · +0.428% · OI $15K · 20x · KYC Yes	long short

Before you open

1 ok · 3 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than SunX’s order book right now.
Note: Margin at max leverage$1,000 + $1,000
QFEX 10x, SunX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$0.42Long QFEX: 24 payments, +$0.42; short SunX: 3 payments, $0.00.
Note: Gap at its usual level−0.369% vs −0.362%
The price leg adds little either way.
Watch: Short leg is thinner— vs $1.1M OI
SunX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legQFEX No · SunX No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned0.0000%/8h × 21 periods+$0.06

Price spread−0.369% → −0.362% (7d avg)−$0.79

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee QFEX bp × 2 orders−$10.00

Fee SunX bp × 2 orders−$8.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: QFEX: live order book, 3 min ago; SunX: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGQFEX2.9213.1 bp−$13doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTSunX901.10doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.