Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 36.170 | 0 | 0.0000% / 1h | 48m 47s | $1.3M | $15K | 10x | Long QFEX10% back | |
| SHORT | 36.430 | +0.0474 | get 0.0474% / 8h | 5h 48m | $358K | $167K | 10x | Short OKX |
Price gap+0.719%
Funding gap+0.0474% /8h
Both sides work: funding pays +$14 a day on $10k, and the gap is 0.647% above its 7d average: +$65 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$7+0.0474% /8h now · paid +0.070% over the last 7D
Price+$65spread +0.719% now, avg +0.072% → +0.647% if it goes back
Costs−$3213.209% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.070% in total, about +0.0034%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.719%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hQNT on 8 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size86.1 / 76.5 bpAt $10k entering QFEX costs 86.1 bp, fee and slippage, 1.1× OKX’s.
- Note: Margin at max leverage$1,000 + $1,000QFEX 10x, OKX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$14.23Long QFEX: 24 payments, $0.00; short OKX: 3 payments, +$14.23.
- OK: Entry gap works for you+0.719% vs +0.072%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$358K vs $1.3M OIOKX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX No · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0034%/8h × 21 periods+$7.04
Price spread+0.719% → +0.072% (7d avg)+$64.66
Slippage, 4 orderslive order books−$290.89
Fee QFEX bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$249.20
Costs to cover3.209%Break-even254.8 days
Slippage: QFEX: live order book, 7 min ago; OKX: live order book, 26 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX4.1286.1 bp−$86doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX9.6376.5 bp−$76doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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