Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 363.40 | 0 | 0.0000% / 1h | 56m 20s | $1.5M | $5K | 10x | Long QFEX10% back | |
| SHORT | 365.26 | 0 | 0.0000% / 8h | 3h 56m | $58K | $255K | 20x | Short OKX |
Price gap+0.512%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$39 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid +0.005% over the last 7D
Price+$39spread +0.512% now, avg +0.125% → +0.386% if it goes back
Costs−$2,72727.267% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.512%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPANW on 13 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size1287.8 / 109.1 bpAt $10k entering QFEX costs 1287.8 bp, fee and slippage, 11.8× OKX’s.
- Note: Margin at max leverage$1,000 + $500QFEX 10x, OKX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long QFEX: 24 payments, $0.00; short OKX: 3 payments, $0.00.
- OK: Entry gap works for you+0.512% vs +0.125%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$58K vs $1.5M OIOKX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX No · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0002%/8h × 21 periods+$0.48
Price spread+0.512% → +0.125% (7d avg)+$38.64
Slippage, 4 orderslive order books−$2,696.66
Fee QFEX bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$2,687.54
Costs to cover27.267%Break-even38956.9 days
Slippage: QFEX: live order book, 3 min ago; OKX: live order book, 23 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX1100.201287.8 bp−$1,288doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX5.06109.1 bp−$109doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-27 09:00 | KuCoin | Listing | new market PANWUSDTM ($PANW) seen by our collector |
| 10-22 09:44 | OKX | Listing | new market PANW-USDT-SWAP ($PANW) seen by our collector |
| 09-28 16:43 | Avantis | Other | 2/ Software and cybersecurity $PANW $FTNT $ADBE $ADSK $INTU $DDOG $WDAY $SHOP $PYPL $MELI $PDD $TTWO $DASH Application layer where the spend actually lives, is AI helping or harming these companies? @verantaxyz on X ↗ |
| 09-24 14:11 | Avantis | Listing | new market PANW/USD ($PANW) seen by our collector |

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