Funding you earn now, next payment 08:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.06 per $10,000 · paid last 24h +0.014%
Price spread now: Extended against QFEX−0.024%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−$31as in the Price arb table
costs, in and out, $10k−$310.305% of the position
Funding, last 4 days (all we have)+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now −0.024%, 7d avg −0.024%
=Together, before fees−0.078%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX COIN-USD | 195.60 | 0.0065 | pay 0.0008% / 1h | 9m 25s | $1.3M | $2.9M | 10x |
| Short | Extended COIN_24_5-USD | 195.55 | 0.0016 | get 0.0002% / 1h | 9m 25s | $104K | $860K | 10x |
QFEX COIN-USD
Extended COIN_24_5-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
- −$10.37
- Price spread: −0.024% → −0.024%
- −$0.03
- Slippage, 4 orders
- −$15.53
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$40.93
- Costs to cover
- 0.305%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 4 min ago; Extended: live order book, 29 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 | 1.28 bp | 6.3 bp −$6 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell Extended live order book, 29 min ago | 1.02 bp | 9.0 bp −$9 | 56.2 bp −$562 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.56 | −0.020% | $43K | $48K | 30x | as long as short |
| Bitget COINUSDT | −0.0341% | 8h | 195.78 | +0.092% | $6.3M | $10.5M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.0046% | 1h | 195.13 | −0.240% | — | $326K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.46 | −0.069% | $341K | $890K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.55 | −0.026% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.60 | 0.000% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.66 | +0.031% | $1.2M | $7.4M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.51 | −0.046% | $692K | $991K | — | as long as short |
| GRVT COIN_USDT_Perp | +0.0001% | 8h | 195.57 | −0.015% | $15K | $2.9M | 10x | as long as short |
| Extended COIN_24_5-USDshort | +0.0016% | 1h | 195.55 | −0.024% | $104K | $860K | 10x |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COINUSDT | +0.0020% | 8h | 195.55 | −0.024% | $15.0M | $82.1M | 20x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.54 | −0.031% | $465K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.74 | +0.072% | $17K | $58K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.37 | −0.118% | $15.1M | $12.9M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.49 | −0.056% | $135K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.58 | −0.010% | $82 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.36 | −0.123% | $450K | $2.8M | 10x | as long as short |
| QFEX COIN-USDlong | +0.0065% | 1h | 195.60 | long leg | $1.3M | $2.9M | 10x | |
| BloFin COIN-USDT | +0.0077% | 8h | 195.57 | −0.015% | $187K | $434K | 20x | as long as short |
| Lighter COIN | +0.0096% | 1h | 195.55 | −0.024% | $364K | $2.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.41 | −0.097% | $985K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.44 | −0.082% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.60 | 0.000% | $566 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.61 | +0.005% | $115 | — | 10x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.44 | −0.082% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0681% | 4h | 195.50 | −0.053% | $50K | $294K | 10x | as long as short |
Binance COINUSDT
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
BloFin COIN-USDT
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
edgeX COINUSDC