Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG257.4400.0000% / 1h49m 12s$635K$1K10xLong QFEX10% back
SHORT254.9700.0000% / 8h4h 49m$202K$116K20xShort Binance
Price gap−0.959%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 1.045% under its 7d average: the price leg works against you, −$105 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding$00.0000% /8h now · paid −0.003% over the last 7D
Price−$105spread −0.959% now, avg +0.086% → −1.045% if it goes back
Costs−$4944.936% of $10k · taker + slippage, in and out

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.959%
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

/8h

ZS on 9 exchanges

lowest funding first

Before you open

0 ok · 5 to watch
  • Watch: Thin at this size221.3 / 18.6 bp
    At $10k entering QFEX costs 221.3 bp, fee and slippage, 11.9× Binance’s.
  • Note: Margin at max leverage$1,000 + $500
    QFEX 10x, Binance 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments 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 Binance: 3 payments, $0.00.
  • Watch: Gap narrower than usual−0.959% vs +0.086%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$202K vs $635K OI
    Binance sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCQFEX No · Binance Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0001%/8h × 21 periods−$0.27
Price spread−0.959% → +0.086% (7d avg)−$104.51
Slippage, 4 orderslive order books−$465.60
Fee QFEX bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$598.38
Costs to cover4.936%Break-evennever at this rate
Slippage: QFEX: live order book, 13 min ago; Binance: live order book, 22 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGQFEX2.51221.3 bp−$221228.7 bp−$2,287doesn’t fitdoesn’t fit
SELL · SHORTBinance10.0318.6 bp−$1983.5 bp−$835doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

ZS news

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