Funding you earn now, next payment 09:00 UTC−0.0311%/8h= −34.1% APRpaid last 24h +0.106%
Price spread now: QFEX against edgeX−0.593%7-day average −0.680% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$428as in the Price arb table
costs, in and out, $10k−$4374.367% of the position
Funding, last 4 days (all we have)+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)+0.205%+$21 · spread now −0.593%, 7d avg −0.680%
=Together, before fees+0.241%+ Points / potential airdropedgeX: Active · farm board+$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.087% dearer against edgeX than usual: you sell high and buy low (spread −0.593% now, against its 7-day average of −0.680%): +$9 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 22 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.036% in total (about 3.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX OUSTUSDC | 37.713 | 0.0311 | pay 0.0156% / 4h | 3h 38m | $39K | $268K | 10x |
| Short | QFEX OUST-USD | 37.490 | 0 | get 0.0000% / 1h | 38m 42s | $1.1M | $532K | 10x |
edgeX OUSTUSDC
QFEX OUST-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$65.36
- Price spread: −0.593% → −0.680%
- $8.7
- Slippage, 4 orders
- −$417.71
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$493.37
- Costs to cover
- 4.367%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 59 min ago; QFEX: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 59 min ago | 15.79 bp | 32.8 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 77.35 bp | 185.1 bp −$185 | doesn't fit | doesn't fit | doesn't fit |
OUST on 7 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget OUSTUSDT | −0.0586% | 8h | 37.700 | −0.036% | $421K | $261K | 20x | as long as short |
| Bybit OUSTUSDT | 0.0000% | 8h | 37.800 | +0.229% | $533K | $394K | 25x | as long as short |
| QFEX OUST-USDshort | 0.0000% | 1h | 37.490 | −0.593% | $1.1M | $532K | 10x | |
| Gate OUST_USDT | 0.0000% | 8h | 37.810 | +0.256% | $78K | $19K | 20x | as long as short |
| OKX OUST-USDT-SWAP | +0.0014% | 8h | 37.690 | −0.062% | $104K | $240K | 20x | as long as short |
| HTX OUST-USDT | +0.0100% | 8h | 37.460 | −0.672% | $5K | $339K | 20x | as long as short |
| edgeX OUSTUSDClong | +0.0311% | 4h | 37.713 | long leg | $39K | $268K | 10x |
Bitget OUSTUSDT
Bybit OUSTUSDT
Gate OUST_USDT
OKX OUST-USDT-SWAP
HTX OUST-USDT