Funding you earn now, next payment 00:00 UTC−0.0015%/8h= −1.7% APRpaid last 24h −0.015%
Price spread now: QFEX against Binance−0.006%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 3 days (all we have)−0.010%−$1 on $10k
+Price spread, last 2 days (all we have)+0.011%+$1 · spread now −0.006%, 7d avg −0.025%
=The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BEUSDT | 274.17 | 0.0088 | pay 0.0088% / 8h | 40m 31s | $8.5M | $37.0M | 25x |
| Short | QFEX BE-USD | 274.15 | 0.0073 | get 0.0009% / 1h | 40m 31s | $1.3M | $3.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Binance. 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
- −$3.21
- Price spread: −0.006% → −0.025%
- $1.93
- Slippage, 4 orders
- −$15.19
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$36.47
- Costs to cover
- 0.352%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; QFEX: live order book, 3 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 Binance live order book, 1 min ago | 1.09 bp | 10.4 bp −$10 | 24.6 bp −$246 | 97.7 bp −$9,774 | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.82 bp | 9.0 bp −$9 | 13.6 bp −$136 | doesn't fit | doesn't fit |
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 274.53 | +0.134% | $345K | $118K | 20x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 274.11 | −0.020% | $2.0M | $1.2M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.00 | −0.060% | $1.5M | $3.7M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.05 | −0.042% | $1.7M | $2.7M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.16 | −0.002% | $1K | $2.6M | 10x | as long as short |
| Deribit BE_USDC-PERPETUAL | 0.0000% | 1h | 274.13 | −0.013% | $7K | $4K | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.18 | +0.005% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.05 | −0.042% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.09 | −0.028% | $250K | $380K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 273.94 | −0.082% | $114K | $122K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BE-USD-PERP | +0.0046% | 1h | 274.19 | +0.009% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 274.03 | −0.049% | $5.9M | $2.9M | 10x | as long as short |
| QFEX BE-USDshort | +0.0073% | 1h | 274.15 | −0.006% | $1.3M | $3.8M | 10x | |
| Extended BE-USD | +0.0088% | 1h | 274.10 | −0.023% | $46K | $270K | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0088% | 1h | 274.13 | −0.013% | $469K | $123K | 10x | as long as short |
| Binance BEUSDTlong | +0.0088% | 8h | 274.17 | long leg | $8.5M | $37.0M | 25x | |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.16 | −0.002% | $370K | $23K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.12 | −0.015% | — | — | 10x | as long as short |
| GRVT BE_USDT_Perp | +0.0142% | 8h | 274.12 | −0.017% | $6K | $183K | 10x | as long as short |
| BloFin BE-USDT | +0.0209% | 8h | 274.16 | −0.002% | $45K | $141K | 20x | as long as short |
| OKX BE-USDT-SWAP | +0.0232% | 8h | 274.28 | +0.042% | $2.6M | $6.8M | 25x | as long as short |
Binance BEUSDT
Aster BEUSDT
Bybit BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
Deribit BE_USDC-PERPETUAL
HTX BE-USDT
Lighter BE
Lighter RH BE
tradeXYZ xyz:BE
Extended BE-USD
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
GRVT BE_USDT_Perp
BloFin BE-USDT
OKX BE-USDT-SWAP