Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h −0.001%
Price spread now: Extended against QFEX+0.019%55s7-day average −0.012% · 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−$470.471% of the position
Funding, last 3 days (all we have)−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.019%, 7d avg −0.012%
=Together, before fees−0.134%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.031% dearer against QFEX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.012%. The two prices were read 55 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 BE-USD | 275.77 | 0.0037 | pay 0.0005% / 1h | 48m 43s | $1.3M | $3.8M | 10x |
| Short | Extended BE-USD | 275.82 | 0.0104 | get 0.0013% / 1h | 48m 43s | $46K | $287K | 10x |
QFEX BE-USD
Extended BE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $14.08
- Price spread: +0.019% → −0.012%
- $3.1
- Slippage, 4 orders
- −$32.08
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$29.9
- Costs to cover
- 0.471%
- Break-even
- 21.9 days
Slippage from QFEX: live order book, 4 min ago; Extended: live order book, 24 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, 4 min ago | 1.45 bp | 6.8 bp −$7 | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell Extended live order book, 24 min ago | 2.37 bp | 16.1 bp −$16 | 203.4 bp −$2,034 | 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 | 275.29 | −0.176% | $346K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 275.50 | −0.098% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 275.72 | −0.018% | $1.7M | $2.6M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 275.51 | −0.094% | $978 | $2.5M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.50 | −0.098% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 275.50 | −0.098% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 275.71 | −0.022% | $252K | $300K | 10x | as long as short |
| QFEX BE-USDlong | +0.0037% | 1h | 275.77 | long leg | $1.3M | $3.8M | 10x | |
| Arcus BE-USD | +0.0040% | 1h | 275.17 | −0.218% | $115K | $116K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 275.75 | −0.007% | — | — | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Arcus BE-USD
Vest BE-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BEUSDTM | +0.0100% | 8h | 275.50 | −0.098% | $372K | $22K | 20x | as long as short |
| Extended BE-USDshort | +0.0104% | 1h | 275.82 | +0.019% | $46K | $287K | 10x | |
| Aevo BE-PERP | +0.0104% | 1h | 275.29 | −0.175% | — | — | 10x | as long as short |
| Binance BEUSDT | +0.0110% | 8h | 275.80 | +0.011% | $8.6M | $36.6M | 25x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0128% | 1h | 275.44 | −0.120% | $471K | $117K | 10x | as long as short |
| Bybit BEUSDT | +0.0138% | 8h | 275.81 | +0.015% | $2.0M | $1.2M | 25x | as long as short |
| BloFin BE-USDT | +0.0224% | 8h | 275.80 | +0.011% | $45K | $143K | 20x | as long as short |
| OKX BE-USDT-SWAP | +0.0264% | 8h | 275.73 | −0.015% | $2.6M | $6.9M | 25x | as long as short |
| GRVT BE_USDT_Perp | +0.0351% | 8h | 274.92 | −0.309% | $7K | $179K | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0368% | 1h | 275.56 | −0.076% | $5.9M | $2.9M | 10x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0766% | 1h | 275.81 | +0.015% | $7K | $4K | 10x | as long as short |
KuCoin BEUSDTM
Aevo BE-PERP
Binance BEUSDT
Coinbase International BE-PERP-INTX
Bybit BEUSDT
BloFin BE-USDT
OKX BE-USDT-SWAP
GRVT BE_USDT_Perp
tradeXYZ xyz:BE
Deribit BE_USDC-PERPETUAL