OURA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	tradeXYZxyz:OURA	51.148	−0.0010	get 0.0001% / 1h	59m 12s	$221K	$1.0M	5x	Long tradeXYZ
SHORT	QFEXOURA-USD	51.150	−0.0014	pay 0.0002% / 1h	59m 12s	$1.1M	$562K	10x	Short QFEX

Price gap+0.004%

Funding gap−0.0004% /8h

Funding is ≈ 0 and the gap is 0.059% under its 7d average: the price leg works against you, −$6 on $10k if it goes back.

Funding you earn now−0.0004% /8hpaid last 24h +0.002% · next 10:00 UTC

Price spread now+0.004%7d average +0.063% · you sell dearer than you buy

Net 7d · $10k—Paid 7d $016h − costs $195 · under 7 days of funding history

Net, price · $10k−$201spread back to 7d avg − costs · as in Price arb

Costs, in and out · $10k−$1951.951% of a $10k position

Funding, last

16 hours, all we have+0.002%$0 on $10k

Price spread, last 18 hours of 7D (all we have)+0.207%+$21 · now +0.004%, avg +0.063%

Together, before fees+0.209%+$21+ Points / potential airdroptradeXYZ: points · farm boardWith 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

QFEX price against tradeXYZnow

RANGE STATS · 7D

Now+0.004%

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	−0.0176% · 1h	1h	52.395	+2.438%	$102K	$186K	5x	No	52.395 · +2.438% · OI $102K · 5x · KYC No	long short
QFEXOURA-USD	−0.0014% · 1h	1h	51.150	+0.004%	$1.1M	$562K	10x	No	51.150 · +0.004% · OI $1.1M · 10x · KYC No	SHORT
tradeXYZxyz:OURA	−0.0010% · 1h	1h	51.148	long leg	$221K	$1.0M	5x	No	51.148 · long leg · OI $221K · 5x · KYC No	LONG
OKXOURA-USDT-SWAP	0.0000% · 8h	8h	51.075	−0.143%	$126K	$1.3M	20x	Yes	51.075 · −0.143% · OI $126K · 20x · KYC Yes	long short
GateOURA_USDT	0.0000% · 8h	8h	52.270	+2.194%	$501K	$309K	10x	Yes	52.270 · +2.194% · OI $501K · 10x · KYC Yes	long short
BitgetOURAUSDT	0.0000% · 8h	8h	51.004	−0.282%	$1.5M	$10.9M	20x	Yes	51.004 · −0.282% · OI $1.5M · 20x · KYC Yes	long short
SunXOURA-USDT	0.0000% · 8h	8h	50.880	−0.524%	—	$2.3M	10x	No	50.880 · −0.524% · OI — · 10x · KYC No	long short
HTXOURA-USDT	0.0000% · 8h	8h	51.360	+0.414%	$11K	$393K	10x	Limited	51.360 · +0.414% · OI $11K · 10x · KYC Limited	long short
BloFinOURA-USDT	+0.0047% · 8h	8h	51.150	+0.004%	$47K	$25K	20x	Limited	51.150 · +0.004% · OI $47K · 20x · KYC Limited	long short
AsterOURAUSD1	+0.0050% · 8h	8h	50.972	−0.343%	$100K	$73K	20x	No	50.972 · −0.343% · OI $100K · 20x · KYC No	long short
BinanceOURAUSDT	+0.0050% · 8h	8h	51.152	+0.008%	$798K	$3.8M	20x	Yes	51.152 · +0.008% · OI $798K · 20x · KYC Yes	long short
KuCoinOURAUSDTM	+0.0050% · 8h	8h	51.330	+0.356%	$14K	$3.3M	20x	Yes	51.330 · +0.356% · OI $14K · 20x · KYC Yes	long short

Before you open

3 ok · 3 to watch

Watch: Thin at this size65.9 / 20.9 bp
At $10k tradeXYZ’s book costs 65.9 bp to enter, 3.2× QFEX’s.
Note: Margin at max leverage$2,000 + $1,000
tradeXYZ 5x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$0.12Long tradeXYZ: 24 payments, +$0.29; short QFEX: 24 payments, −$0.42.
Watch: Gap narrower than usual+0.004% vs +0.063%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$221K vs $1.1M OI
tradeXYZ sets your exit cost. Check its book before closing.
OK: Points on a legtradeXYZ points
Volume here counts toward the points program.
OK: No KYC on either legtradeXYZ No · QFEX 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 earned+0.0010%/8h × 21 periods+$2.18

Price spread+0.004% → +0.063% (7d avg)−$5.88

Slippage, 4 orderslive order books−$167.06

Fee tradeXYZ bp × 2 orders−$18.00

Fee QFEX bp × 2 orders−$10.00

Net · 7 days · $10k−$198.75

Costs to cover1.951%Break-even645.0 days

Slippage: tradeXYZ: live order book, 12 min ago; QFEX: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGtradeXYZ49.2665.9 bp−$66218.5 bp−$2,185doesn’t fitdoesn’t fit

SELL · SHORTQFEX2.9420.9 bp−$21doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.