QFEX market making. Inside Vesper.
Vesper now brings its market-making workflow to QFEX. The current release focuses on SNDK-USD with Risk core: connect a dedicated account key, configure your size and supervise the session from one interface.
One integration. A defined market.
QFEX is a derivatives venue; Vesper is the software operating your selected trading account. The current QFEX integration lives in the Vesper beta interface and supports SNDK-USD, a perpetual contract referencing SanDisk. This is not ownership of SanDisk shares.
The exchange offers other products, but an exchange listing does not automatically make a market available to this bot. GOLD and TAIEX remain marked Soon in the reviewed interface. Do not apply the SNDK setup to another market or confuse this mode with EXITE on Entropy.
What Risk core is designed to do
The mode evaluates the order book and recent trading conditions before entering. Its interface describes adjustments for spread, rapid price moves and bursts of trading: it can reduce entry size or pause new entries. An entry pause is different from a completed Stop, and an exit attempt is not a promise of a fill.
A resting quote can fill just before the market moves against it. Inventory, execution delays and liquidity still matter. We do not publish a target CPM, expected profit or win rate on this page: the launch alone does not establish repeatable economics.
Account access is a separate decision
In the released flow, you connect a wallet to Vesper and supply a dedicated QFEX API key for one selected account. The wallet identifies and signs Vesper controls; the exchange key supplies the trading access. They are not interchangeable.
Use only the required execution and view permissions, without withdrawal access. A trading key can still place loss-making trades. Read the setup and Stop guide before connecting; never send a secret to support chat or put it in a URL.
Read costs before reading the score
The current QFEX card reports a cycle estimate that excludes fees and funding. A negative cycle CPM is favourable under that calculation, but is not proof of positive net account P&L. Check actual fills and account charges separately.
QFEX fees depend on the account tier and product. A zero-maker label is not a promise that every user pays zero or that exits will be maker fills. Funding and adverse price movement can affect a session even when a quoted fee is zero.
Go from reading to a checked session
The guide walks through the actual controls: API-key creation, wallet binding, margin and size inputs, Save settings, signed Start, session states, signed Stop and verification of the account afterwards. It also explains what is not known when the UI displays unavailable data.
Reviewed 26 September 2026 against the public Vesper QFEX interface. Venue rules can change: consult the contract specifications, fee schedule and funding documentation. Check eligibility and account requirements directly with QFEX.
Questions
Which QFEX market does Vesper currently support?
The reviewed release supports SNDK-USD with Risk core. GOLD and TAIEX are shown as Soon, not enabled markets.
Is QFEX mode the same as EXITE?
No. They share parts of the Vesper interface, but QFEX has its own market, connection flow, settings and accounting limits. EXITE on Entropy is a different integration.
Does a negative QFEX CPM mean net profit?
Not necessarily. The current display is a cycle estimate excluding fees and funding. Reconcile actual account charges and any remaining position before judging net results.