Funding you earn now, next payment 04:00 UTC+0.0502%/8h= +55.0% APRpaid last 24h +0.027%
Price spread now: MEXC against QFEX0.000%7-day average −0.120% · 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−$154as in the Price arb table
costs, in and out, $10k−$1661.659% of the position
Funding, last 4 days (all we have)+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)−0.191%−$19 · spread now 0.000%, 7d avg −0.120%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and MEXC is 0.120% dearer against QFEX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.120%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.023% in total (about 2.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BB-USD | 8.5900 | 0.0080 | pay 0.0010% / 1h | 37m 37s | $1.1M | $239K | 10x |
| Short | MEXC BBSTOCK_USDT | 8.5900 | 0.0582 | get 0.0582% / 8h | 4h 37m | $312K | $106K | 50x |
QFEX BB-USD
MEXC BBSTOCK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $105.42
- Price spread: 0.000% → −0.120%
- $12.03
- Slippage, 4 orders
- −$155.87
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$48.42
- Costs to cover
- 1.659%
- Break-even
- 10.2 days
Slippage from QFEX: live order book, 8 min ago; MEXC: live order book, 2 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, 8 min ago | 5.82 bp | 19.9 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 11.64 bp | 74.2 bp −$74 | 183.9 bp −$1,839 | 208.0 bp −$20.8K | doesn't fit |
BB on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BBSTOCKUSDT | 0.0000% | 8h | 8.5960 | +0.070% | $49K | $23K | 20x | as long as short |
| Vest BB-USD-PERP | +0.0046% | 1h | 8.5900 | 0.000% | — | $1K | 10x | as long as short |
| QFEX BB-USDlong | +0.0080% | 1h | 8.5900 | long leg | $1.1M | $239K | 10x | |
| OKX BB-USDT-SWAP | +0.0286% | 8h | 8.6270 | +0.431% | $220K | $525K | 20x | as long as short |
| Ondo Perps BB-USD.P | +0.0376% | 1h | 8.5965 | +0.076% | $469K | $436K | 10x | as long as short |
| Extended BB-USD | +0.0560% | 1h | 8.6164 | +0.308% | $9K | $21K | 10x | as long as short |
| tradeXYZ xyz:BB | +0.0571% | 1h | 8.6172 | +0.317% | $10.8M | $3.5M | 10x | as long as short |
| MEXC BBSTOCK_USDTshort | +0.0582% | 8h | 8.5900 | 0.000% | $312K | $106K | 50x | |
| Lighter BB | +0.1080% | 1h | 8.6271 | +0.432% | $189K | $141K | 10x | as long as short |
Bitget BBSTOCKUSDT
Vest BB-USD-PERP
OKX BB-USDT-SWAP
Ondo Perps BB-USD.P
Extended BB-USD
tradeXYZ xyz:BB
Lighter BB