Funding you earn now, next payment 03:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h +0.014%
Price spread now: OKX against QFEX+0.054%7-day average +0.042% · 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−$33as in the Price arb table
costs, in and out, $10k−$350.346% of the position
Funding, last 4 days (all we have)+0.009%+$1 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now +0.054%, 7d avg +0.042%
=The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BE-USD | 275.90 | 0.0012 | pay 0.0002% / 1h | 2m 37s | $1.3M | $2.7M | 10x |
| Short | OKX BE-USDT-SWAP | 276.05 | 0.0130 | get 0.0130% / 8h | 5h 02m | $2.6M | $6.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $24.72
- Price spread: +0.054% → +0.042%
- $1.28
- Slippage, 4 orders
- −$14.57
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$8.57
- Costs to cover
- 0.346%
- Break-even
- 9.4 days
Slippage from QFEX: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago | 2.17 bp | 7.5 bp −$8 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.09 bp | 11.5 bp −$11 | 49.2 bp −$492 | 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 | 275.79 | −0.039% | $347K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 275.60 | −0.109% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 275.85 | −0.018% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 276.00 | +0.038% | $6K | $164K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 275.98 | +0.029% | $1K | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 276.10 | +0.072% | $13K | $34K | 20x | as long as short |
| QFEX BE-USDlong | +0.0012% | 1h | 275.90 | long leg | $1.3M | $2.7M | 10x | |
| Coinbase International BE-PERP-INTX | +0.0016% | 1h | 273.08 | −1.022% | $473K | $129K | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 275.60 | −0.109% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 275.79 | −0.040% | $252K | $289K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BE-USD | +0.0040% | 1h | 275.64 | −0.094% | $115K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 275.84 | −0.022% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 275.75 | −0.054% | $5.9M | $2.7M | 10x | as long as short |
| Bybit BEUSDT | +0.0067% | 8h | 276.01 | +0.040% | $2.0M | $1.2M | 25x | as long as short |
| Extended BE-USD | +0.0072% | 1h | 275.86 | −0.014% | $46K | $259K | 10x | as long as short |
| Binance BEUSDT | +0.0074% | 8h | 275.97 | +0.025% | $8.5M | $36.3M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 275.83 | −0.025% | $373K | $20K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 275.85 | −0.019% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAPshort | +0.0130% | 8h | 276.05 | +0.054% | $2.6M | $6.8M | 25x | |
| BloFin BE-USDT | +0.0192% | 8h | 275.99 | +0.033% | $1K | $142K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0476% | 1h | 275.78 | −0.043% | $7K | $4K | 10x | as long as short |
OKX BE-USDT-SWAP
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Coinbase International BE-PERP-INTX
Lighter BE
Lighter RH BE
tradeXYZ xyz:BE
Bybit BEUSDT
Extended BE-USD
Binance BEUSDT
KuCoin BEUSDTM
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL