Funding you earn now, next payment 03:00 UTC+0.0140%/8h= +15.4% APRpaid last 24h +0.039%
Price spread now: OKX against QFEX+0.349%7-day average +0.042% · 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−$71as in the Price arb table
costs, in and out, $10k−$1021.018% of the position
Funding, last 4 days (all we have)+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.349%, 7d avg +0.042%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.307% dearer against QFEX than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.042%.
| 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 | 1m 07s | $1.1M | $259K | 10x |
| Short | OKX BB-USDT-SWAP | 8.6200 | 0.0220 | get 0.0220% / 8h | 5h 01m | $220K | $524K | 20x |
QFEX BB-USD
OKX BB-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
- $29.48
- Price spread: +0.349% → +0.042%
- $30.67
- Slippage, 4 orders
- −$81.78
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$41.63
- Costs to cover
- 1.018%
- Break-even
- 16.9 days
Slippage from QFEX: live order book, 5 min ago; OKX: live order book, 60 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 | 11.65 bp | 16.7 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 60 min ago | 14.53 bp | 34.3 bp −$34 | doesn't fit | doesn't fit | 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 | 8.5750 | −0.175% | $49K | $23K | 20x | as long as short |
| Vest BB-USD-PERP | +0.0046% | 1h | 8.5900 | 0.000% | — | $1K | 10x | as long as short |
| Ondo Perps BB-USD.P | +0.0050% | 1h | 8.5905 | +0.006% | $468K | $438K | 10x | as long as short |
| QFEX BB-USDlong | +0.0080% | 1h | 8.5900 | long leg | $1.1M | $259K | 10x | |
| OKX BB-USDT-SWAPshort | +0.0220% | 8h | 8.6200 | +0.349% | $220K | $524K | 20x | |
| Extended BB-USD | +0.0288% | 1h | 8.6075 | +0.204% | $9K | $21K | 10x | as long as short |
| tradeXYZ xyz:BB | +0.0303% | 1h | 8.6093 | +0.225% | $10.7M | $3.5M | 10x | as long as short |
| MEXC BBSTOCK_USDT | +0.0513% | 8h | 8.5900 | 0.000% | $312K | $108K | 50x | as long as short |
| Lighter BB | +0.1520% | 1h | 8.6307 | +0.474% | $189K | $141K | 10x | as long as short |
Bitget BBSTOCKUSDT
Vest BB-USD-PERP
Ondo Perps BB-USD.P
Extended BB-USD
tradeXYZ xyz:BB
MEXC BBSTOCK_USDT
Lighter BB