Funding you earn now, next payment 07:00 UTC−0.0208%/8h= −22.8% APRpaid last 24h +0.147%
Price spread now: OKX against QFEX+0.342%7-day average −0.927% · 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−$341as in the Price arb table
costs, in and out, $10k−$4674.675% of the position
Funding, last 4 days (all we have)+0.094%+$9 on $10k
+Price spread, last 4 days (all we have)−0.376%−$38 · spread now +0.342%, 7d avg −0.927%
=The price spread pays, funding is against you. OKX is 1.269% dearer against QFEX than usual: you sell high and buy low (spread +0.342% now, against its 7-day average of −0.927%): +$127 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 20 days. Mind the row above: over the last 4 days funding on this pair paid +0.094%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SHAZ-USD | 58.450 | 0 | get 0.0000% / 1h | 53m 49s | $1.2M | $1.6M | 10x |
| Short | OKX SHAZ-USDT-SWAP | 58.650 | −0.0208 | pay 0.0208% / 8h | 1h 53m | $440K | $259K | 10x |
QFEX SHAZ-USD
OKX SHAZ-USDT-SWAPFunding 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
- −$43.78
- Price spread: +0.342% → −0.927%
- $126.87
- Slippage, 4 orders
- −$447.49
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$384.39
- Costs to cover
- 4.675%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; OKX: live order book, 52 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, 3 min ago | 145.82 bp | 150.8 bp −$151 | 153.6 bp −$1,536 | doesn't fit | doesn't fit |
| Sell OKX live order book, 52 min ago | 10.91 bp | 78.2 bp −$78 | doesn't fit | 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 | −0.3630% | 1h | 58.573 | +0.210% | $1.2M | $275K | 10x | as long as short |
| Binance SHAZUSDT | −0.1708% | 8h | 58.570 | +0.205% | $473K | $1.8M | 10x | as long as short |
| Variational Omni SHAZ | −0.1460% | 8h | 58.610 | +0.273% | $20K | $29K | — | as long as short |
| Bybit SHAZUSDT | −0.0983% | 8h | 58.660 | +0.359% | $153K | $232K | 25x | as long as short |
| KuCoin SHAZUSDTM | −0.0414% | 8h | 58.720 | +0.462% | $73K | $350K | 20x | as long as short |
| OKX SHAZ-USDT-SWAPshort | −0.0208% | 8h | 58.650 | +0.342% | $440K | $259K | 10x | |
| edgeX SHAZUSDC | −0.0160% | 4h | 58.730 | +0.480% | $16K | $289K | 10x | as long as short |
| QFEX SHAZ-USDlong | 0.0000% | 1h | 58.450 | long leg | $1.2M | $1.6M | 10x | |
| Gate SHAZ_USDT | 0.0000% | 8h | 58.770 | +0.547% | $182K | $39K | 20x | as long as short |
| Bitget SHAZUSDT | 0.0000% | 8h | 58.600 | +0.257% | $200K | $150K | 20x | as long as short |
tradeXYZ xyz:SHAZ
Binance SHAZUSDT
Variational Omni SHAZ
Bybit SHAZUSDT
KuCoin SHAZUSDTM
edgeX SHAZUSDC
Gate SHAZ_USDT
Bitget SHAZUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SHAZ-USDT | 0.0000% | 8h | 58.838 | +0.664% | $6K | $40K | 10x | as long as short |
HTX SHAZ-USDT