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

PURR

RWAall PURR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against OKX−0.371%7-day average +0.160% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$415as in the Price arb table
costs, in and out, $10k−$3623.621% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.001%$0 on $10k
Price spread, last 7 days+0.076%+$8 · spread now −0.371%, 7d avg +0.160%
Together, before fees+0.077%+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.530% cheaper against OKX than usual: you would sell low and buy high, −$53 on $10k if it goes back to its 7-day average of +0.160%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PURR-USDT-SWAP13.4900get 0.0000% / 8h49m 30s$601K$1.3M20x
ShortQFEX PURR-USD13.4400get 0.0000% / 1h49m 30s$1.3M$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against OKX. 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
$0
Price spread: −0.371% → +0.160%
−$53.03
Slippage, 4 orders
−$342.14
Fee OKX: 5 bp × 2 orders
−$10
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$415.17
Costs to cover
3.621%
Break-even
never at this rate
Slippage from OKX: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago3.71 bp66.1 bp −$66301.9 bp −$3,019doesn't fitdoesn't fit
Sell QFEX live order book, 2 min ago97.01 bp103.8 bp −$104118.3 bp −$1,183doesn't fitdoesn't fit

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−0.0191%8h13.468−0.163%$385K$2.0M20xas long as short
Bybit PURRUSDT0.0000%8h13.484−0.044%$574K$876K25xas long as short
OKX PURR-USDT-SWAPlong0.0000%8h13.490long leg$601K$1.3M20x
QFEX PURR-USDshort0.0000%1h13.440−0.371%$1.3M$1.8M10x
Gate PURR_USDT0.0000%8h13.464−0.193%$52K$10K20xas long as short
HTX PURR-USDT0.0000%1h13.517+0.200%$6K$342K20xas long as short
Ondo Perps PURR-USD.P+0.0562%1h13.460−0.222%$9K$55K5xas long as short
Extended PURR-USD+0.2168%1h13.490−0.002%$193K$242K10xas long as short