Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | SunXOURA-USDT | 50.860 | 0 | get 0.0000% / 8h | 6h 00m | — | $2.3M | 10x | Long SunX≤10% back |
| SHORT | QFEXOURA-USD | 51.150 | −0.0005 | pay 0.0001% / 1h | 0m 38s | $1.1M | $562K | 10x | Short QFEX |
Price gap+0.570%
Funding gap−0.0005% /8h
Funding is ≈ 0, so this is a price-spread trade: +$22 on $10k if the gap goes back to its 7d average.
Funding you earn now−0.0005% /8hpaid last 24h 0.000% · next 10:00 UTC
Price spread now+0.570%7d average +0.350% · you sell dearer than you buy
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
16 hours, all we have0.000%$0 on $10kPrice spread, last 18 hours of 7D (all we have)−0.087%−$9 · now +0.570%, avg +0.350%
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 SunXnow
RANGE STATS · 7D
Now+0.570%
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 | +3.018% | $101K | $185K | 5x | No | 52.395 · +3.018% · OI $101K · 5x · KYC No | longshort |
| tradeXYZxyz:OURA | −0.0017% · 1h | 1h | 51.148 | +0.566% | $219K | $1.0M | 5x | No | 51.148 · +0.566% · OI $219K · 5x · KYC No | longshort |
| QFEXOURA-USD | −0.0005% · 1h | 1h | 51.150 | +0.570% | $1.1M | $562K | 10x | No | 51.150 · +0.570% · OI $1.1M · 10x · KYC No | SHORT |
| OKXOURA-USDT-SWAP | 0.0000% · 8h | 8h | 51.075 | +0.423% | $123K | $1.3M | 20x | Yes | 51.075 · +0.423% · OI $123K · 20x · KYC Yes | longshort |
| GateOURA_USDT | 0.0000% · 8h | 8h | 52.230 | +2.694% | $480K | $299K | 10x | Yes | 52.230 · +2.694% · OI $480K · 10x · KYC Yes | longshort |
| BitgetOURAUSDT | 0.0000% · 8h | 8h | 50.976 | +0.228% | $1.5M | $11.0M | 20x | Yes | 50.976 · +0.228% · OI $1.5M · 20x · KYC Yes | longshort |
| SunXOURA-USDT | 0.0000% · 8h | 8h | 50.860 | long leg | — | $2.3M | 10x | No | 50.860 · long leg · OI — · 10x · KYC No | LONG |
| HTXOURA-USDT | 0.0000% · 8h | 8h | 51.340 | +0.944% | $11K | $393K | 10x | Limited | 51.340 · +0.944% · OI $11K · 10x · KYC Limited | longshort |
| BloFinOURA-USDT | +0.0047% · 8h | 8h | 51.150 | +0.570% | $47K | $25K | 20x | Limited | 51.150 · +0.570% · OI $47K · 20x · KYC Limited | longshort |
| AsterOURAUSD1 | +0.0050% · 8h | 8h | 50.972 | +0.221% | — | $73K | 20x | No | 50.972 · +0.221% · OI — · 20x · KYC No | longshort |
| BinanceOURAUSDT | +0.0050% · 8h | 8h | 51.140 | +0.551% | — | $3.8M | 20x | Yes | 51.140 · +0.551% · OI — · 20x · KYC Yes | longshort |
| KuCoinOURAUSDTM | +0.0050% · 8h | 8h | 51.390 | +1.042% | $14K | $3.3M | 20x | Yes | 51.390 · +1.042% · OI $14K · 20x · KYC Yes | longshort |
Before you open
2 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 + $1,000SunX 10x, 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: −$0.14Long SunX: 3 payments, $0.00; short QFEX: 24 payments, −$0.14.
- OK: Entry gap works for you+0.570% vs +0.350%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner— vs $1.1M OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legSunX No · QFEX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spread+0.570% → +0.350% (7d avg)+$21.99
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 4 min ago; QFEX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX901.39doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTQFEX2.9420.9 bp−$21doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.