Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.6% APRpaid last 24h +0.037%
Price spread now: Binance against QFEX+0.023%7-day average +0.070% · 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−$75as in the Price arb table
costs, in and out, $10k−$700.701% of the position
Funding, last 4 days (all we have)+0.029%+$3 on $10k
+Price spread, last 7 days+0.047%+$5 · spread now +0.023%, 7d avg +0.070%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.047% cheaper against QFEX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX LRCX-USD | 299.74 | −0.0006 | get 0.0001% / 1h | 55m 10s | $1.1M | $2.6M | 10x |
| Short | Binance LRCXUSDT | 299.81 | 0 | get 0.0000% / 8h | 55m 10s | $803K | $2.7M | 20x |
QFEX LRCX-USD
Binance LRCXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $1.19
- Price spread: +0.023% → +0.070%
- −$4.69
- Slippage, 4 orders
- −$50.14
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$73.64
- Costs to cover
- 0.701%
- Break-even
- 439.2 days
Slippage from QFEX: live order book, 3 min ago; Binance: live order book, 10 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, 3 min ago | 2.17 bp | 12.3 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 4.34 bp | 22.8 bp −$23 | 78.3 bp −$783 | doesn't fit | doesn't fit |
LRCX on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX LRCX-USDlong | −0.0006% | 1h | 299.74 | long leg | $1.1M | $2.6M | 10x | |
| Binance LRCXUSDTshort | 0.0000% | 8h | 299.81 | +0.023% | $803K | $2.7M | 20x | |
| Bybit LRCXUSDT | 0.0000% | 8h | 299.89 | +0.050% | $280K | $499K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 300.45 | +0.237% | $377K | $290K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 300.00 | +0.087% | $240K | $472K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 300.23 | +0.163% | $313K | $192K | 20x | as long as short |
| BloFin LRCX-USDT | +0.0021% | 8h | 299.58 | −0.053% | $63K | $34K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 299.88 | +0.048% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 299.85 | +0.037% | — | $4K | 10x | as long as short |
| KuCoin LRCXUSDTM | +0.0100% | 8h | 299.21 | −0.177% | $178K | $593K | 20x | as long as short |
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
Bitget LRCXUSDT
BloFin LRCX-USDT
Extended LRCX_24_5-USD
Vest LRCX-USD-PERP
KuCoin LRCXUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LRCX-USDT | +0.0100% | 8h | 299.78 | +0.013% | $9K | $358K | 10x | as long as short |
| Paragon para:LRCX | +0.0376% | 1h | 299.81 | +0.022% | $110K | $210K | 10x | as long as short |
HTX LRCX-USDT
Paragon para:LRCX