Funding you earn now, next payment 11:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h +0.005%
Price spread now: QFEX against OKX−0.053%7-day average −0.051% · 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−$66as in the Price arb table
costs, in and out, $10k−$650.654% of the position
Funding, last 4 days (all we have)+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.053%, 7d avg −0.051%
=The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX COST-USDT-SWAP | 902.01 | 0 | get 0.0000% / 8h | 5h 44m | $445K | $125K | 10x |
| Short | QFEX COST-USD | 901.53 | 0.0064 | get 0.0008% / 1h | 44m 47s | $1.1M | $2.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against OKX. 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
- $13.39
- Price spread: −0.053% → −0.051%
- −$0.25
- Slippage, 4 orders
- −$45.45
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$52.31
- Costs to cover
- 0.654%
- Break-even
- 34.3 days
Slippage from OKX: live order book, 64 min ago; QFEX: live order book, 6 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 OKX live order book, 64 min ago | 6.25 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 1.11 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
COST on 15 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COSTUSDT | 0.0000% | 8h | 901.65 | −0.040% | $45K | $133 | 20x | as long as short |
| Binance COSTUSDT | 0.0000% | 8h | 901.77 | −0.026% | $1.1M | $1.0M | 20x | as long as short |
| Bybit COSTUSDT | 0.0000% | 8h | 901.56 | −0.050% | $563K | $138K | 25x | as long as short |
| OKX COST-USDT-SWAPlong | 0.0000% | 8h | 902.01 | long leg | $445K | $125K | 10x | |
| Gate COST_USDT | 0.0000% | 8h | 901.67 | −0.038% | $522K | $8K | 25x | as long as short |
| Bitget COSTUSDT | 0.0000% | 8h | 901.65 | −0.040% | $411K | $78K | 25x | as long as short |
| Variational Omni COST | 0.0000% | 8h | 901.68 | −0.037% | $40K | $14K | — | as long as short |
| SunX COST-USDT | 0.0000% | 8h | 900.70 | −0.145% | $1K | $2.6M | 10x | as long as short |
| HTX COST-USDT | 0.0000% | 8h | 903.21 | +0.133% | $10K | $41K | 10x | as long as short |
| Injective COST/USDC PERP | +0.0033% | 1h | 891.98 | −1.112% | $2K | $28K | 12x | as long as short |
Show all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended COST-USD | +0.0040% | 1h | 901.25 | −0.085% | — | — | 10x | as long as short |
| Vest COST-USD-PERP | +0.0046% | 1h | 901.02 | −0.110% | — | — | 25x | as long as short |
| tradeXYZ xyz:COST | +0.0050% | 1h | 900.82 | −0.132% | $1.8M | $521K | 20x | as long as short |
| QFEX COST-USDshort | +0.0064% | 1h | 901.53 | −0.053% | $1.1M | $2.3M | 10x | |
| KuCoin COSTUSDTM | +0.0100% | 8h | 900.90 | −0.123% | $48K | $1.0M | 20x | as long as short |
OKX COST-USDT-SWAP
Aster COSTUSDT
Binance COSTUSDT
Bybit COSTUSDT
Gate COST_USDT
Bitget COSTUSDT
Variational Omni COST
SunX COST-USDT
HTX COST-USDT
Injective COST/USDC PERP
Extended COST-USD
tradeXYZ xyz:COST
KuCoin COSTUSDTM