Funding you earn now, next payment 07:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.024%
Price spread now: QFEX against OKX+0.074%7-day average −0.280% · 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−$99as in the Price arb table
costs, in and out, $10k−$1351.349% of the position
Funding, last 4 days (all we have)−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.325%−$32 · spread now +0.074%, 7d avg −0.280%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.354% dearer against OKX than usual: you sell high and buy low, +$35 on $10k if it goes back to its 7-day average of −0.280%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX UNH-USDT-SWAP | 377.29 | 0 | get 0.0000% / 8h | 1h 38m | $131K | $87K | 20x |
| Short | QFEX UNH-USD | 377.57 | −0.0001 | pay 0.0000% / 1h | 38m 48s | $1.1M | $2.2M | 10x |
OKX UNH-USDT-SWAP
QFEX UNH-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
- −$0.17
- Price spread: +0.074% → −0.280%
- $35.44
- Slippage, 4 orders
- −$114.85
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$99.58
- Costs to cover
- 1.349%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; QFEX: live order book, 3 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, 1 min ago | 11.91 bp | 63.2 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.85 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
UNH on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX UNH-USDshort | −0.0001% | 1h | 377.57 | +0.074% | $1.1M | $2.2M | 10x | |
| Bybit UNHUSDT | 0.0000% | 8h | 380.41 | +0.827% | $180K | $35K | 25x | as long as short |
| OKX UNH-USDT-SWAPlong | 0.0000% | 8h | 377.29 | long leg | $131K | $87K | 20x | |
| Gate UNH_USDT | 0.0000% | 8h | 378.38 | +0.289% | $93K | $12K | 25x | as long as short |
| Bitget UNHUSDT | 0.0000% | 8h | 377.73 | +0.117% | $274K | $79K | 20x | as long as short |
| HTX UNH-USDT | 0.0000% | 8h | 380.41 | +0.827% | $5K | $390K | 10x | as long as short |
Bybit UNHUSDT
Gate UNH_USDT
Bitget UNHUSDT
HTX UNH-USDT