Funding you earn now, next payment 06:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.22 per $10,000 · paid last 24h +0.126%
Price spread now: tradeXYZ against QFEX+0.249%7-day average +0.034% · 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−$102as in the Price arb table
costs, in and out, $10k−$1241.240% of the position
Funding, last 4 days (all we have)+0.201%+$20 on $10k
+Price spread, last 7 days−0.320%−$32 · spread now +0.249%, 7d avg +0.034%
=Together, before fees−0.118%+ Points / potential airdroptradeXYZ: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.215% dearer against QFEX than usual: you sell high and buy low (spread +0.249% now, against its 7-day average of +0.034%): +$22 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 4.1 days. Mind the row above: over the last 4 days funding on this pair paid +0.201%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BB-USD | 8.6000 | 0.0027 | pay 0.0003% / 1h | 9m 17s | $1.1M | $175K | 10x |
| Short | tradeXYZ xyz:BB | 8.6214 | −0.0150 | pay 0.0019% / 1h | 9m 17s | $10.9M | $3.1M | 10x |
QFEX BB-USD
tradeXYZ xyz:BBFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$37.06
- Price spread: +0.249% → +0.034%
- $21.53
- Slippage, 4 orders
- −$96.02
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$139.55
- Costs to cover
- 1.240%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 1 min ago; tradeXYZ: live order book, 10 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, 1 min ago | 34.84 bp | 39.8 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 0.06 bp | 20.6 bp −$21 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Extended BB-USD | −0.0168% | 1h | 8.6206 | +0.240% | $9K | $11K | 10x | as long as short |
| tradeXYZ xyz:BBshort | −0.0150% | 1h | 8.6214 | +0.249% | $10.9M | $3.1M | 10x | |
| Bitget BBSTOCKUSDT | 0.0000% | 8h | 8.6050 | +0.058% | $50K | $16K | 20x | as long as short |
| QFEX BB-USDlong | +0.0027% | 1h | 8.6000 | long leg | $1.1M | $175K | 10x | |
| Vest BB-USD-PERP | +0.0046% | 1h | 8.5700 | −0.349% | — | $875 | 10x | as long as short |
| Ondo Perps BB-USD.P | +0.0050% | 1h | 8.5963 | −0.043% | $493K | $442K | 10x | as long as short |
| OKX BB-USDT-SWAP | +0.0326% | 8h | 8.6250 | +0.291% | $214K | $526K | 20x | as long as short |
| MEXC BBSTOCK_USDT | +0.0498% | 8h | 8.6000 | 0.000% | $312K | $108K | 50x | as long as short |
| Lighter BB | +0.1552% | 1h | 8.5803 | −0.229% | $188K | $145K | 10x | as long as short |
Extended BB-USD
Bitget BBSTOCKUSDT
Vest BB-USD-PERP
Ondo Perps BB-USD.P
OKX BB-USDT-SWAP
MEXC BBSTOCK_USDT
Lighter BB