Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against QFEX+0.586%7-day average −0.174% · 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−$121as in the Price arb table
costs, in and out, $10k−$1971.971% of the position
Funding, last 3 days (all we have)−0.001%$0 on $10k
+Price spread, last 7 days−0.587%−$59 · spread now +0.586%, 7d avg −0.174%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.760% dearer against QFEX than usual: you sell high and buy low, +$76 on $10k if it goes back to its 7-day average of −0.174%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX PURR-USD | 13.660 | 0 | get 0.0000% / 1h | 15m 17s | $1.3M | $2.3M | 10x |
| Short | OKX PURR-USDT-SWAP | 13.740 | 0 | get 0.0000% / 8h | 15m 17s | $569K | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: +0.586% → −0.174%
- $75.97
- Slippage, 4 orders
- −$177.11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$121.14
- Costs to cover
- 1.971%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 2 min ago; OKX: live order book, 1 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 | 3.66 bp | 30.1 bp −$30 | 38.4 bp −$384 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 3.65 bp | 69.2 bp −$69 | 350.9 bp −$3,509 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PURRUSDT | 0.0000% | 8h | 13.680 | +0.146% | $630K | $921K | 25x | as long as short |
| OKX PURR-USDT-SWAPshort | 0.0000% | 8h | 13.740 | +0.586% | $569K | $1.3M | 20x | |
| QFEX PURR-USDlong | 0.0000% | 1h | 13.660 | long leg | $1.3M | $2.3M | 10x | |
| Gate PURR_USDT | 0.0000% | 8h | 13.724 | +0.469% | $53K | $36K | 20x | as long as short |
| Bitget PURRUSDT | 0.0000% | 8h | 13.711 | +0.373% | $331K | $2.0M | 20x | as long as short |
| HTX PURR-USDT | 0.0000% | 1h | 13.747 | +0.637% | $7K | $332K | 20x | as long as short |
| Ondo Perps PURR-USD.P | +0.0182% | 1h | 13.640 | −0.146% | $7K | $49K | 5x | as long as short |
| Extended PURR-USD | +0.0776% | 1h | 13.678 | +0.134% | $203K | $244K | 10x | as long as short |
OKX PURR-USDT-SWAP
Bybit PURRUSDT
Gate PURR_USDT
Bitget PURRUSDT
HTX PURR-USDT
Extended PURR-USD