Funding you earn now, next payment 04:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: tradeXYZ against QFEX−0.015%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 4 days (all we have)+0.062%+$6 on $10k
+Price spread, last 7 days−0.059%−$6 · spread now −0.015%, 7d avg −0.024%
=Together, before fees+0.004%+ Points / potential airdroptradeXYZ: Active · farm board$0 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BE-USD | 275.43 | 0.0052 | pay 0.0006% / 1h | 33m 55s | $1.3M | $2.7M | 10x |
| Short | tradeXYZ xyz:BE | 275.39 | 0.0050 | get 0.0006% / 1h | 33m 55s | $5.9M | $2.6M | 10x |
Funding 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
- −$0.32
- Price spread: −0.015% → −0.024%
- $0.96
- Slippage, 4 orders
- −$19.15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$46.51
- Costs to cover
- 0.471%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 4 min ago; tradeXYZ: live order book, 4 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 | 1.63 bp | 7.7 bp −$8 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 1.82 bp | 16.3 bp −$16 | doesn't fit | 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 | 275.34 | −0.032% | $346K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 275.10 | −0.120% | $1.5M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 275.36 | −0.025% | $1.7M | $2.5M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 275.54 | +0.040% | $6K | $163K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 275.44 | +0.004% | $1K | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.68 | +0.091% | $13K | $34K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 275.26 | −0.062% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 275.44 | +0.004% | $251K | $291K | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0040% | 1h | 273.08 | −0.853% | $473K | $129K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 275.37 | −0.022% | $115K | $109K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BE-USD-PERP | +0.0046% | 1h | 275.45 | +0.007% | — | — | 10x | as long as short |
| tradeXYZ xyz:BEshort | +0.0050% | 1h | 275.39 | −0.015% | $5.9M | $2.6M | 10x | |
| QFEX BE-USDlong | +0.0052% | 1h | 275.43 | long leg | $1.3M | $2.7M | 10x | |
| Binance BEUSDT | +0.0070% | 8h | 275.41 | −0.007% | $8.5M | $36.4M | 25x | as long as short |
| Extended BE-USD | +0.0072% | 1h | 275.34 | −0.032% | $49K | $261K | 10x | as long as short |
| Bybit BEUSDT | +0.0084% | 8h | 275.50 | +0.025% | $2.0M | $1.2M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 275.50 | +0.025% | $371K | $21K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 275.46 | +0.011% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0138% | 8h | 275.58 | +0.054% | $2.7M | $6.8M | 25x | as long as short |
| BloFin BE-USDT | +0.0190% | 8h | 275.57 | +0.051% | $45K | $142K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0259% | 1h | 275.43 | 0.000% | $7K | $4K | 10x | as long as short |
tradeXYZ xyz:BE
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Coinbase International BE-PERP-INTX
Binance BEUSDT
Extended BE-USD
Bybit BEUSDT
KuCoin BEUSDTM
OKX BE-USDT-SWAP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL