Funding you earn now, next payment 04:00 UTC−0.0037%/8h= −4.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.008%
Price spread now: QFEX against SoDEX+0.015%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
The price spread sits at zero (this spread has no 7-day history yet), 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 | SoDEX COIN-USD | 197.15 | 0.0050 | pay 0.0006% / 1h | 10m 17s | $67 | $3K | 10x |
| Short | QFEX COIN-USD | 197.18 | 0.0013 | get 0.0002% / 1h | 10m 17s | $1.3M | $3.2M | 10x |
SoDEX COIN-USD
QFEX COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against SoDEX. 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
- −$7.83
- Price spread: +0.015% → 0.000%
- $1.52
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$24.31
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; QFEX: live order book, 3 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 3 min ago | 1.78 bp | 6.9 bp −$7 | 8.4 bp −$84 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0758% | 8h | 197.26 | +0.056% | $6.3M | $10.3M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.89 | −0.132% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0214% | 8h | 197.21 | +0.030% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0105% | 1h | 196.61 | −0.274% | — | $271K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.45 | +0.152% | $345K | $885K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.17 | +0.013% | $117K | $695K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.20 | +0.025% | $14.8M | $79.4M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.21 | +0.030% | $4.8M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.25 | +0.051% | $3.0M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.03 | −0.062% | $680K | $935K | — | 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 | 197.12 | −0.015% | $19K | $2.3M | 10x | as long as short |
| QFEX COIN-USDshort | +0.0013% | 1h | 197.18 | +0.015% | $1.3M | $3.2M | 10x | |
| Lighter COIN | +0.0032% | 1h | 197.17 | +0.011% | $347K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.18 | +0.015% | $448K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.12 | −0.015% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.11 | −0.020% | $15.4M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.09 | −0.030% | $134K | $1.2M | 10x | as long as short |
| SoDEX COIN-USDlong | +0.0050% | 1h | 197.15 | long leg | $67 | $3K | 10x | |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.87 | −0.142% | $349K | $2.7M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.11 | −0.020% | $993K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.95 | −0.101% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.16 | +0.005% | $570 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.17 | +0.010% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.04 | −0.056% | $188K | $392K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 196.92 | −0.117% | $4K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0591% | 4h | 197.04 | −0.058% | $51K | $296K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC