BE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0259%/8h= +28.4% APRnext payment +$0.32 per $10,000 · paid last 24h +0.099%

Price spread now: Deribit against QFEX−0.087%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Deribit is 0.087% cheaper against QFEX than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 27 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX BE-USD	275.13	0.0037	pay 0.0005% / 1h	52m 25s	$1.3M	$3.8M	10x
Short	Deribit BE_USDC-PERPETUAL	274.89	0.0296	get 0.0037% / 1h	52m 25s	$7K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee QFEXbpFee DeribitbpOrdersPrice spread, now −0.087%Rate

Funding earned: $54.39
Price spread: −0.087% → 0.000%: −$8.72
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $28.67
Costs to cover: 0.170%
Break-even: 3.3 days

Slippage unknown: QFEX: live order book, 11 min ago; Deribit: no order-book sample. Net counts fees only.

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, 11 min ago	2.19 bp	9.3 bp −$9	14.1 bp −$141	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	274.77	−0.131%	$346K	$119K	20x	as long as short
Gate BE_USDT	0.0000%	8h	274.80	−0.120%	$1.5M	$3.4M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	275.05	−0.029%	$1.7M	$2.6M	20x	as long as short
SunX BE-USDT	0.0000%	8h	274.85	−0.102%	$1K	$2.5M	10x	as long as short
HTX BE-USDT	0.0000%	8h	274.78	−0.127%	$13K	$33K	20x	as long as short
Lighter BE	+0.0032%	1h	274.99	−0.051%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	275.06	−0.025%	$251K	$299K	10x	as long as short
QFEX BE-USDlong	+0.0037%	1h	275.13	long leg	$1.3M	$3.8M	10x
Arcus BE-USD	+0.0040%	1h	274.56	−0.207%	$115K	$116K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	275.04	−0.033%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BEUSDT	+0.0094%	8h	275.14	+0.003%	$8.6M	$36.6M	25x	as long as short
Extended BE-USD	+0.0096%	1h	275.00	−0.046%	$46K	$269K	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	275.00	−0.047%	$372K	$22K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	274.31	−0.298%	—	—	10x	as long as short
Bybit BEUSDT	+0.0117%	8h	275.21	+0.029%	$2.0M	$1.2M	25x	as long as short
Coinbase International BE-PERP-INTX	+0.0128%	1h	273.32	−0.658%	$467K	$112K	10x	as long as short
BloFin BE-USDT	+0.0214%	8h	274.82	−0.113%	$45K	$142K	20x	as long as short
OKX BE-USDT-SWAP	+0.0254%	8h	275.30	+0.062%	$2.6M	$6.9M	25x	as long as short
Deribit BE_USDC-PERPETUALshort	+0.0296%	1h	274.89	−0.087%	$7K	$4K	10x
GRVT BE_USDT_Perp	+0.0488%	8h	274.84	−0.106%	$6K	$182K	10x	as long as short
tradeXYZ xyz:BE	+0.0602%	1h	275.11	−0.007%	$5.9M	$2.9M	10x	as long as short