Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 16.840 | 0 | 0.0000% / 1h | 30m 07s | $369K | $59K | 30x | Long QFEX | |
| SHORT | 16.840 | 0 | 0.0000% / 8h | 5h 30m | $916 | $250K | 10x | Short SunX≤10% back |
Price gap0.000%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$184 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 5 days (all we have)
Price+$184spread 0.000% now, avg −1.837% → +1.837% if it goes back
Costs−$3173.171% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now0.000%
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
/8hUVXY on 16 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size68.8 / 92.0 bpAt $10k entering SunX costs 92.0 bp, fee and slippage, 1.3× QFEX’s.
- Note: Margin at max leverage$333 + $1,000QFEX 30x, SunX 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: $0.00Long QFEX: 24 payments, $0.00; short SunX: 3 payments, $0.00.
- OK: Entry gap works for you0.000% vs −1.837%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$916 vs $369K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legQFEX No · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods−$0.01
Price spread0.000% → −1.837% (7d avg)+$183.69
Slippage, 4 orderslive order books−$299.06
Fee QFEX bp × 2 orders−$10.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k−$133.37
Costs to cover3.171%Break-evennever at this rate
Slippage: QFEX: live order book, 46 min ago; SunX: live order book, 45 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.9668.8 bp−$69doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTSunX50.4392.0 bp−$92doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.