Funding you earn now, next payment 07:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.024%
Price spread now: OKX against QFEX+0.008%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−$463as in the Price arb table
costs, in and out, $10k−$4364.361% of the position
Funding, last 4 days (all we have)+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)+0.242%+$24 · spread now +0.008%, 7d avg +0.280%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.272% cheaper against QFEX than usual: you would sell low and buy high, −$27 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 | QFEX UNH-USD | 377.62 | −0.0001 | get 0.0000% / 1h | 42m 13s | $1.1M | $2.2M | 10x |
| Short | OKX UNH-USDT-SWAP | 377.65 | 0 | get 0.0000% / 8h | 1h 42m | $131K | $87K | 20x |
QFEX UNH-USD
OKX UNH-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
- $0.17
- Price spread: +0.008% → +0.280%
- −$27.22
- Slippage, 4 orders
- −$416.15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$463.2
- Costs to cover
- 4.361%
- Break-even
- 19307.0 days
Slippage from QFEX: live order book, 5 min ago; OKX: live order book, 63 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, 5 min ago | 152.01 bp | 158.4 bp −$158 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 63 min ago | 7.94 bp | 58.9 bp −$59 | 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-USDlong | −0.0001% | 1h | 377.62 | long leg | $1.1M | $2.2M | 10x | |
| Bybit UNHUSDT | 0.0000% | 8h | 380.41 | +0.739% | $180K | $35K | 25x | as long as short |
| OKX UNH-USDT-SWAPshort | 0.0000% | 8h | 377.65 | +0.008% | $131K | $87K | 20x | |
| Gate UNH_USDT | 0.0000% | 8h | 378.44 | +0.217% | $93K | $12K | 25x | as long as short |
| Bitget UNHUSDT | 0.0000% | 8h | 377.75 | +0.034% | $274K | $79K | 20x | as long as short |
| HTX UNH-USDT | 0.0000% | 8h | 379.98 | +0.625% | $6K | $390K | 10x | as long as short |
Bybit UNHUSDT
Gate UNH_USDT
Bitget UNHUSDT
HTX UNH-USDT