COIN

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0022%/8h= +2.5% APRnext payment +$0.03 per $10,000 · paid last 24h +0.008%

Price spread now: SoDEX against QFEX−0.121%7-day average — · you buy dearer than you sell

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

Long on QFEX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. SoDEX is 0.121% cheaper against QFEX than usual: you would sell low and buy high (spread −0.121% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 18 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX COIN-USD	197.62	0.0028	pay 0.0003% / 1h	37m 00s	$1.3M	$3.7M	10x
Short	SoDEX COIN-USD	197.38	0.0050	get 0.0006% / 1h	37m 00s	$96	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against QFEX. 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 QFEXbpFee SoDEXbpOrdersPrice spread, now −0.121%Rate

Funding earned: $4.7
Price spread: −0.121% → 0.000%: −$12.14
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$25.44
Costs to cover: 0.180%
Break-even: 44.9 days

Slippage unknown: QFEX: live order book, 6 min ago; SoDEX: no order-book sample. 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 QFEX live order book, 6 min ago	2.02 bp	7.5 bp −$8	10.8 bp −$108	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Injective COIN/USDC PERP	−0.0440%	1h	197.14	−0.243%	$43K	$48K	30x	as long as short
Bitget COINUSDT	−0.0182%	8h	197.73	+0.056%	$6.5M	$10.3M	20x	as long as short
Aster COINUSDT	0.0000%	8h	197.73	+0.054%	$360K	$851K	20x	as long as short
Extended COIN_24_5-USD	0.0000%	1h	197.57	−0.025%	$117K	$699K	10x	as long as short
Binance COINUSDT	0.0000%	8h	197.59	−0.014%	$14.9M	$78.2M	20x	as long as short
Bybit COINUSDT	0.0000%	8h	197.60	−0.010%	$4.9M	$6.0M	50x	as long as short
OKX COIN-USDT-SWAP	0.0000%	8h	197.54	−0.040%	$3.1M	$4.5M	20x	as long as short
Gate COIN_USDT	0.0000%	8h	197.56	−0.030%	$1.3M	$6.9M	50x	as long as short
Variational Omni COIN	0.0000%	8h	197.93	+0.159%	$820K	$1.0M	—	as long as short
GRVT COIN_USDT_Perp	0.0000%	8h	197.51	−0.056%	$17K	$2.0M	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest COIN-USD-PERP	+0.0003%	1h	197.11	−0.258%	—	$289K	25x	as long as short
QFEX COIN-USDlong	+0.0028%	1h	197.62	long leg	$1.3M	$3.7M	10x
Lighter COIN	+0.0032%	1h	197.53	−0.045%	$388K	$2.0M	10x	as long as short
Lighter RH COIN	+0.0032%	1h	197.49	−0.066%	$428K	$1.5M	10x	as long as short
Arcus COIN-USD	+0.0040%	1h	197.69	+0.035%	$16K	$53K	5x	as long as short
tradeXYZ xyz:COIN	+0.0050%	1h	197.58	−0.020%	$15.9M	$13.4M	10x	as long as short
Polymarket Perps COIN-USD	+0.0050%	1h	197.61	−0.005%	$127K	$1.2M	10x	as long as short
SoDEX COIN-USDshort	+0.0050%	1h	197.38	−0.121%	$96	$3K	10x
Ondo Perps COIN-USD.P	+0.0050%	1h	197.16	−0.233%	$349K	$3.2M	10x	as long as short
KuCoin COINUSDTM	+0.0100%	8h	197.56	−0.030%	$982K	$138K	20x	as long as short
ApeX Omni COINUSDT	+0.0100%	1h	197.35	−0.137%	$89K	$287K	50x	as long as short
Orderly PERP_COIN_USDC_mythos	+0.0100%	8h	197.61	−0.005%	$571	$4K	10x	as long as short
Aevo COIN-PERP	+0.0104%	1h	197.50	−0.060%	$117	—	10x	as long as short
BloFin COIN-USDT	+0.0120%	8h	199.02	+0.708%	$198K	$377K	20x	as long as short
Phoenix COIN	+0.0160%	1h	198.09	+0.238%	$5K	$251K	10x	as long as short
edgeX COINUSDC	+0.0344%	4h	197.30	−0.160%	$51K	$294K	10x	as long as short