Funding you earn now, next payment 09:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h −0.073%
Price spread now: QFEX against OKX+0.807%54s7-day average +0.858% · 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—prices read too far apart to compare
costs, in and out, $10k−$1,37213.715% of the position
Funding, last 4 days (all we have)−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)−0.584%−$58 · spread now +0.807%, 7d avg +0.858%
=Funding pays, the price is against you. QFEX is 0.052% cheaper against OKX than usual: you would sell low and buy high (spread +0.807% now, against its 7-day average of +0.858%). If the spread goes back, that is −$5 on $10k: about 5.0 days of funding at the current rate (+$1 a day). Mind the row above: over the last 4 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SHAZ-USDT-SWAP | 58.270 | −0.0034 | get 0.0034% / 8h | 7h 42m | $437K | $257K | 10x |
| Short | QFEX SHAZ-USD | 58.740 | 0 | get 0.0000% / 1h | 42m 48s | $1.1M | $1.8M | 10x |
OKX SHAZ-USDT-SWAP
QFEX SHAZ-USDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.18
- Price spread: +0.807% → +0.858%
- −$5.15
- Slippage, 4 orders
- −$1,351.54
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$1,369.51
- Costs to cover
- 13.715%
- Break-even
- 1341.3 days
Slippage from OKX: live order book, 53 min ago; QFEX: live order book, 4 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 OKX live order book, 53 min ago | 9.35 bp | 288.4 bp −$288 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 253.66 bp | 458.8 bp −$459 | 463.7 bp −$4,637 | doesn't fit | doesn't fit |
SHAZ on 11 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:SHAZ | −0.2323% | 1h | 58.357 | +0.149% | $1.2M | $296K | 10x | as long as short |
| Binance SHAZUSDT | −0.2152% | 8h | 58.310 | +0.069% | $472K | $2.0M | 10x | as long as short |
| Variational Omni SHAZ | −0.1863% | 8h | 58.390 | +0.207% | $24K | $34K | — | as long as short |
| KuCoin SHAZUSDTM | −0.0705% | 8h | 58.430 | +0.275% | $71K | $391K | 20x | as long as short |
| edgeX SHAZUSDC | −0.0262% | 4h | 58.391 | +0.208% | $16K | $292K | 10x | as long as short |
| OKX SHAZ-USDT-SWAPlong | −0.0034% | 8h | 58.270 | long leg | $437K | $257K | 10x | |
| QFEX SHAZ-USDshort | 0.0000% | 1h | 58.740 | +0.807% | $1.1M | $1.8M | 10x | |
| Gate SHAZ_USDT | 0.0000% | 8h | 58.300 | +0.051% | $180K | $39K | 20x | as long as short |
| Bitget SHAZUSDT | 0.0000% | 8h | 58.280 | +0.017% | $199K | $158K | 20x | as long as short |
| HTX SHAZ-USDT | 0.0000% | 8h | 58.290 | +0.034% | $6K | $40K | 10x | as long as short |
tradeXYZ xyz:SHAZ
Binance SHAZUSDT
Variational Omni SHAZ
KuCoin SHAZUSDTM
edgeX SHAZUSDC
Gate SHAZ_USDT
Bitget SHAZUSDT
HTX SHAZ-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SHAZUSDT | +0.2273% | 8h | 58.390 | +0.206% | $153K | $436K | 25x | as long as short |
Bybit SHAZUSDT