Funding you earn now, next payment 20:00 UTC−0.0034%/8hpaid last 24h +0.010%
Price spread now: Binance against QFEX+0.131%53s7-day average +0.033% · 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—prices read too far apart to compare
costs, in and out, $10k−$520.519% of the position
Funding, last 3 days (all we have)+0.005%$0 on $10k
+Price spread, last 1 day (all we have)−0.103%−$10 · spread now +0.131%, 7d avg +0.033%
=The price spread pays, funding is against you. Binance is 0.099% dearer against QFEX than usual: you sell high and buy low (spread +0.131% now, against its 7-day average of +0.033%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.7 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX LRCX-USD | 304.72 | 0.0034 | pay 0.0004% / 1h | 23m 42s | $1.1M | $2.3M | 10x |
| Short | Binance LRCXUSDT | 305.12 | 0 | get 0.0000% / 8h | 4h 23m | $895K | $2.7M | 20x |
QFEX LRCX-USD
Binance LRCXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$7.09
- Price spread: +0.131% → +0.033%
- $9.87
- Slippage, 4 orders
- −$31.9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$49.12
- Costs to cover
- 0.519%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 8 min ago; Binance: 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 | 1.48 bp | 13.5 bp −$14 | 17.7 bp −$177 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 2.13 bp | 12.3 bp −$12 | 63.1 bp −$631 | doesn't fit | doesn't fit |
LRCX on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin LRCX-USDT | −0.0008% | 8h | 304.72 | 0.000% | $65K | $37K | 20x | as long as short |
| Binance LRCXUSDTshort | 0.0000% | 8h | 305.12 | +0.131% | $895K | $2.7M | 20x | |
| Bybit LRCXUSDT | 0.0000% | 8h | 304.99 | +0.089% | $419K | $563K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 304.68 | −0.013% | $404K | $313K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 304.70 | −0.007% | $261K | $446K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 304.94 | +0.072% | $313K | $209K | 20x | as long as short |
| QFEX LRCX-USDlong | +0.0034% | 1h | 304.72 | long leg | $1.1M | $2.3M | 10x | |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 304.82 | +0.033% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 304.62 | −0.033% | — | $4K | 10x | as long as short |
| KuCoin LRCXUSDTM | +0.0100% | 8h | 305.35 | +0.207% | $180K | $836K | 20x | as long as short |
BloFin LRCX-USDT
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
Bitget LRCXUSDT
Extended LRCX_24_5-USD
Vest LRCX-USD-PERP
KuCoin LRCXUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LRCX-USDT | +0.0100% | 8h | 304.88 | +0.053% | $8K | $349K | 10x | as long as short |
| Paragon para:LRCX | +0.0287% | 1h | 304.93 | +0.068% | $451K | $47K | 10x | as long as short |
HTX LRCX-USDT
Paragon para:LRCX