Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: QFEX against KuCoin+0.029%7-day average +0.034% · 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−$1,054as in the Price arb table
costs, in and out, $10k−$1,05410.540% of the position
Funding, last 4 days (all we have)+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.029%, 7d avg +0.034%
=The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NOWUSDTM | 137.71 | 0.0100 | pay 0.0100% / 8h | 5h 49m | $318K | $647K | 20x |
| Short | QFEX NOW-USD | 137.75 | 0 | get 0.0000% / 1h | 49m 55s | $1.1M | $1.9M | 10x |
KuCoin NOWUSDTM
QFEX NOW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against KuCoin. 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
- −$21
- Price spread: +0.029% → +0.034%
- −$0.5
- Slippage, 4 orders
- −$1,031.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$1,075.47
- Costs to cover
- 10.540%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 49 min ago; QFEX: live order book, 2 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 KuCoin live order book, 49 min ago | 6.16 bp | 327.1 bp −$327 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 2.54 bp | 7.6 bp −$8 | 14.7 bp −$147 | doesn't fit | doesn't fit |
NOW on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NOWUSDT | 0.0000% | 8h | 138.77 | +0.769% | $41K | $995 | 20x | as long as short |
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 138.01 | +0.218% | $489K | $228K | 20x | as long as short |
| QFEX NOW-USDshort | 0.0000% | 1h | 137.75 | +0.029% | $1.1M | $1.9M | 10x | |
| Gate NOW_USDT | 0.0000% | 8h | 137.93 | +0.160% | $245K | $365K | 20x | as long as short |
| Bitget NOWUSDT | 0.0000% | 8h | 137.93 | +0.160% | $781K | $234K | 20x | as long as short |
| SunX NOW-USDT | 0.0000% | 8h | 137.95 | +0.174% | $895 | $387K | 10x | as long as short |
| HTX NOW-USDT | 0.0000% | 8h | 138.07 | +0.261% | $5K | $30K | 20x | as long as short |
| Lighter NOW | +0.0032% | 1h | 137.88 | +0.123% | $5K | $178 | 5x | as long as short |
| Injective NOW/USDC PERP | +0.0033% | 1h | 139.80 | +1.518% | $3K | $101 | 12x | as long as short |
| Vest NOW-USD-PERP | +0.0046% | 1h | 137.77 | +0.044% | — | — | 25x | as long as short |
Aster NOWUSDT
OKX NOW-USDT-SWAP
Gate NOW_USDT
Bitget NOWUSDT
SunX NOW-USDT
HTX NOW-USDT
Lighter NOW
Injective NOW/USDC PERP
Vest NOW-USD-PERPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NOWUSDTMlong | +0.0100% | 8h | 137.71 | long leg | $318K | $647K | 20x | |
| Binance NOWUSDT | +0.0172% | 8h | 137.99 | +0.200% | $1.8M | $1.4M | 20x | as long as short |
| Bybit NOWUSDT | +0.0209% | 8h | 137.91 | +0.145% | $1.6M | $4.9M | 25x | as long as short |
| tradeXYZ xyz:NOW | +0.0418% | 1h | 137.81 | +0.073% | $2.1M | $229K | 10x | as long as short |
| GRVT NOW_USDT_Perp | +0.0590% | 8h | 137.98 | +0.196% | $280 | $152K | 10x | as long as short |
Binance NOWUSDT
Bybit NOWUSDT
tradeXYZ xyz:NOW
GRVT NOW_USDT_Perp