Settings8H · net · $10k
Funding arb · Price arb /

PURR

RWAall PURR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0008%/8h= +0.8% APRpaid last 24h 0.000%
Price spread now: QFEX against Gate−0.172%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.172% cheaper against Gate than usual: you would sell low and buy high, −$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PURR_USDT13.3430get 0.0000% / 8h3h 25m$51K$37K20x
ShortQFEX PURR-USD13.3200.0008get 0.0001% / 1h25m 50s$1.3M$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.63
Price spread: −0.172% → 0.000%
−$17.24
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$40.61
Costs to cover
0.250%
Break-even
181.4 days
Slippage unknown: Gate: no order-book sample; QFEX: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate no order-book sample
Sell QFEX live order book, 6 min ago3.76 bp25.5 bp −$2540.1 bp −$401doesn't fitdoesn't fit
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PURR on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PURRUSDT−0.0649%8h13.361+0.135%$376K$2.0M20xas long as short
Bybit PURRUSDT0.0000%8h13.342−0.007%$584K$874K25xas long as short
OKX PURR-USDT-SWAP0.0000%8h13.390+0.352%$582K$1.3M20xas long as short
Gate PURR_USDTlong0.0000%8h13.343long leg$51K$37K20x
HTX PURR-USDT0.0000%1h13.377+0.255%$7K$346K20xas long as short
QFEX PURR-USDshort+0.0008%1h13.320−0.172%$1.3M$1.7M10x
Ondo Perps PURR-USD.P+0.0050%1h13.329−0.105%$8K$52K5xas long as short
Extended PURR-USD+0.0936%1h13.327−0.122%$190K$242K10xas long as short