Funding you earn now, next payment 05:00 UTC+0.0928%/8h= +101.6% APRnext payment +$1.16 per $10,000 · paid last 24h +0.016%
Price spread now: Extended against QFEX+0.169%7-day average −0.667% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1811.807% of the position
Funding, last 4 days (all we have)−0.080%−$8 on $10k
+Price spread, last 4 days (all we have)−0.609%−$61 · spread now +0.169%, 7d avg −0.667%
=Together, before fees−0.689%+ Points / potential airdropExtended: Active · farm board−$69 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Extended is 0.837% dearer against QFEX than usual: you sell high and buy low: +$84 more if the spread goes back to its 7-day average of −0.667%. Mind the row above: over the last 4 days funding on this pair cost −0.080%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.080% in total (about -8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.16 per $10,000. 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 | QFEX PURR-USD | 13.310 | 0.0008 | pay 0.0001% / 1h | 20m 10s | $1.3M | $1.7M | 10x |
| Short | Extended PURR-USD | 13.333 | 0.0936 | get 0.0117% / 1h | 20m 10s | $190K | $242K | 10x |
QFEX PURR-USD
Extended PURR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against QFEX. 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
- $194.93
- Price spread: +0.169% → −0.667%
- $83.67
- Slippage, 4 orders
- −$165.72
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $97.88
- Costs to cover
- 1.807%
- Break-even
- 3.5 days
Slippage from QFEX: live order book, 2 min ago; Extended: live order book, 32 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 QFEX live order book, 2 min ago | 22.51 bp | 27.5 bp −$28 | 40.5 bp −$405 | doesn't fit | doesn't fit |
| Sell Extended live order book, 32 min ago | 9.68 bp | 53.7 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
PURR on 8 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 PURRUSDT | −0.0658% | 8h | 13.359 | +0.368% | $377K | $1.9M | 20x | as long as short |
| Bybit PURRUSDT | 0.0000% | 8h | 13.300 | −0.075% | $583K | $871K | 25x | as long as short |
| OKX PURR-USDT-SWAP | 0.0000% | 8h | 13.350 | +0.301% | $582K | $1.2M | 20x | as long as short |
| Gate PURR_USDT | 0.0000% | 8h | 13.343 | +0.248% | $51K | $37K | 20x | as long as short |
| HTX PURR-USDT | 0.0000% | 1h | 13.347 | +0.278% | $6K | $346K | 20x | as long as short |
| QFEX PURR-USDlong | +0.0008% | 1h | 13.310 | long leg | $1.3M | $1.7M | 10x | |
| Ondo Perps PURR-USD.P | +0.0050% | 1h | 13.274 | −0.270% | $8K | $52K | 5x | as long as short |
| Extended PURR-USDshort | +0.0936% | 1h | 13.333 | +0.169% | $190K | $242K | 10x |
Bitget PURRUSDT
Bybit PURRUSDT
OKX PURR-USDT-SWAP
Gate PURR_USDT
HTX PURR-USDT
Ondo Perps PURR-USD.P