COIN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0091%/8h= −10.0% APRnext payment −$0.11 per $10,000 · paid last 24h −0.018%

Price spread now: QFEX against Aevo+0.128%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. QFEX is 0.128% dearer against Aevo than usual: you sell high and buy low (spread +0.128% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo COIN-PERP	196.80	0.0104	pay 0.0013% / 1h	37m 21s	$116	—	10x
Short	QFEX COIN-USD	197.05	0.0013	get 0.0002% / 1h	37m 21s	$1.3M	$3.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Aevo. 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 AevobpFee QFEXbpOrdersPrice spread, now +0.128%Rate

Funding earned: −$19.17
Price spread: +0.128% → 0.000%: $12.82
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$32.35
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; QFEX: live order book, 11 min ago. 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 Aevo no order-book sample	—	—	—	—	—
Sell QFEX live order book, 11 min ago	2.03 bp	7.0 bp −$7	8.1 bp −$81	doesn't fit	doesn't fit

Aevo: 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.

COIN on 26 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
Bitget COINUSDT	−0.0743%	8h	197.03	+0.118%	$6.2M	$10.3M	20x	as long as short
Injective COIN/USDC PERP	−0.0440%	1h	196.96	+0.082%	$43K	$48K	30x	as long as short
Gate COIN_USDT	−0.0211%	8h	196.92	+0.062%	$1.2M	$7.1M	50x	as long as short
Vest COIN-USD-PERP	−0.0086%	1h	196.41	−0.197%	—	$277K	25x	as long as short
Aster COINUSDT	0.0000%	8h	197.20	+0.203%	$345K	$885K	20x	as long as short
Extended COIN_24_5-USD	0.0000%	1h	196.83	+0.017%	$119K	$694K	10x	as long as short
Binance COINUSDT	0.0000%	8h	196.89	+0.047%	$15.0M	$78.9M	20x	as long as short
Bybit COINUSDT	0.0000%	8h	196.80	+0.001%	$4.8M	$5.9M	50x	as long as short
OKX COIN-USDT-SWAP	0.0000%	8h	196.82	+0.011%	$3.0M	$4.6M	20x	as long as short
Variational Omni COIN	0.0000%	8h	197.11	+0.158%	$683K	$938K	—	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT COIN_USDT_Perp	0.0000%	8h	197.13	+0.171%	$17K	$2.2M	10x	as long as short
QFEX COIN-USDshort	+0.0013%	1h	197.05	+0.128%	$1.3M	$3.3M	10x
Lighter COIN	+0.0032%	1h	196.76	−0.020%	$350K	$2.0M	10x	as long as short
Lighter RH COIN	+0.0032%	1h	196.74	−0.029%	$450K	$1.4M	10x	as long as short
Arcus COIN-USD	+0.0040%	1h	197.18	+0.194%	$15K	$55K	5x	as long as short
tradeXYZ xyz:COIN	+0.0050%	1h	196.75	−0.024%	$15.4M	$13.4M	10x	as long as short
Polymarket Perps COIN-USD	+0.0050%	1h	196.84	+0.021%	$126K	$1.2M	10x	as long as short
SoDEX COIN-USD	+0.0050%	1h	196.86	+0.032%	$59	$3K	10x	as long as short
Ondo Perps COIN-USD.P	+0.0050%	1h	196.85	+0.027%	$348K	$2.8M	10x	as long as short
KuCoin COINUSDTM	+0.0100%	8h	196.94	+0.072%	$992K	$143K	20x	as long as short
ApeX Omni COINUSDT	+0.0100%	1h	196.91	+0.057%	$88K	$287K	50x	as long as short
Orderly PERP_COIN_USDC_mythos	+0.0100%	8h	196.87	+0.037%	$569	$4K	10x	as long as short
Aevo COIN-PERPlong	+0.0104%	1h	196.80	long leg	$116	—	10x
BloFin COIN-USDT	+0.0120%	8h	196.98	+0.093%	$188K	$391K	20x	as long as short
Phoenix COIN	+0.0121%	1h	197.00	+0.103%	$4K	$281K	10x	as long as short
edgeX COINUSDC	+0.0267%	4h	197.13	+0.168%	$51K	$294K	10x	as long as short