Funding you earn now, next payment 03:00 UTC−0.1209%/8h= −132.4% APRpaid last 24h −0.242%
Price spread now: OKX against Extended+0.278%7-day average +0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$333as in the Funding arb table
Net, price: spread back to 7d avg − costs−$298as in the Price arb table
costs, in and out, $10k−$3113.106% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.278%, 7d avg +0.152%
=Together, before fees−0.368%+ Points / potential airdropExtended: Active · farm board−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.125% dearer against Extended than usual: you sell high and buy low (spread +0.278% now, against its 7-day average of +0.152%): +$13 on $10k if it goes back. Holding the pair costs −$36 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.229% in total) that is about 3.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.229% in total (about -11.9% a year). A funding rate is set anew for every payment. 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 | Extended QNT-USD | 51.726 | 0.1872 | pay 0.0234% / 1h | 6m 16s | $8K | $157K | 10x |
| Short | OKX QNT-USDT-SWAP | 51.870 | 0.0663 | get 0.0663% / 8h | 5h 06m | $748K | $306K | 20x |
Extended QNT-USD
OKX QNT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Extended. 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
- −$253.94
- Price spread: +0.278% → +0.152%
- $12.54
- Slippage, 4 orders
- −$295.58
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$551.99
- Costs to cover
- 3.106%
- Break-even
- never at this rate
Slippage from Extended: live order book, 55 min ago; OKX: live order book, 55 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 Extended live order book, 55 min ago | 10.34 bp | 58.8 bp −$59 | 398.4 bp −$3,984 | doesn't fit | doesn't fit |
| Sell OKX live order book, 55 min ago | 1.92 bp | 114.0 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
QNT on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:QNT | −0.0747% | 1h | 51.731 | +0.009% | $1.2M | $336K | 10x | as long as short |
| Lighter QNT | +0.0032% | 1h | 51.370 | −0.689% | — | — | 5x | as long as short |
| Arcus QNT-USD | +0.0040% | 1h | 51.720 | −0.012% | $3K | $4K | 10x | as long as short |
| OKX QNT-USDT-SWAPshort | +0.0663% | 8h | 51.870 | +0.278% | $748K | $306K | 20x | |
| Extended QNT-USDlong | +0.1872% | 1h | 51.726 | long leg | $8K | $157K | 10x |
tradeXYZ xyz:QNT
Lighter QNT
Arcus QNT-USD