Funding you earn now, next payment 05:00 UTC+0.0764%/8h= +83.6% APRpaid last 24h +0.161%
Price spread now: edgeX against QFEX+0.109%7-day average +0.010% · 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−$25as in the Price arb table
costs, in and out, $10k−$350.350% of the position
Funding, last 4 days (all we have)+0.531%+$53 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.109%, 7d avg +0.010%
=Together, before fees+0.479%+ Points / potential airdropedgeX: Active · farm board+$48 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and edgeX is 0.099% dearer against QFEX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX COIN-USD | 196.72 | 0.0020 | pay 0.0002% / 1h | 41m 38s | $1.3M | $3.2M | 10x |
| Short | edgeX COINUSDC | 196.93 | 0.0784 | get 0.0392% / 4h | 3h 41m | $51K | $294K | 10x |
QFEX COIN-USD
edgeX COINUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $160.36
- Price spread: +0.109% → +0.010%
- $9.91
- Slippage, 4 orders
- −$16.04
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $135.23
- Costs to cover
- 0.350%
- Break-even
- 1.1 days
Slippage from QFEX: live order book, 11 min ago; edgeX: live order book, 11 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, 11 min ago | 1.77 bp | 6.8 bp −$7 | 7.5 bp −$75 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 11 min ago | 5.82 bp | 10.8 bp −$11 | 16.6 bp −$166 | doesn't fit | doesn't fit |
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 | −0.0683% | 8h | 196.85 | +0.066% | $6.2M | $10.4M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.08 | +0.183% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0225% | 8h | 196.74 | +0.010% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0110% | 1h | 196.30 | −0.214% | — | $266K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.84 | +0.063% | $343K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.65 | −0.034% | $117K | $689K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.70 | −0.012% | $14.7M | $79.9M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.71 | −0.005% | $4.8M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.74 | +0.010% | $3.0M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.02 | +0.153% | $685K | $939K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.00 | +0.143% | $12K | $2.4M | 10x | as long as short |
| QFEX COIN-USDlong | +0.0020% | 1h | 196.72 | long leg | $1.3M | $3.2M | 10x | |
| Lighter RH COIN | +0.0032% | 1h | 196.72 | 0.000% | $451K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.04 | +0.163% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.67 | −0.025% | $15.4M | $13.6M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.67 | −0.025% | $134K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.79 | +0.036% | $81 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.54 | −0.092% | $350K | $2.7M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.76 | +0.020% | $992K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.96 | +0.122% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.73 | +0.005% | $569 | $4K | 10x | as long as short |
| Lighter COIN | +0.0104% | 1h | 196.72 | −0.003% | $340K | $2.0M | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.73 | +0.005% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.01 | +0.147% | $188K | $393K | 20x | as long as short |
| Phoenix COIN | +0.0122% | 1h | 196.93 | +0.107% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDCshort | +0.0784% | 4h | 196.93 | +0.109% | $51K | $294K | 10x |
GRVT COIN_USDT_Perp
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Lighter COIN
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN