Funding you earn now, next payment 01:00 UTC+0.1132%/8h= +124.0% APRpaid last 24h +0.076%
Price spread now: Extended against Bitget+0.229%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2802.796% of the position
Funding, last 7 days+0.317%+$32 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.229%, 7d avg +0.120%
=Together, before fees+0.230%+ Points / potential airdropExtended: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Extended is 0.109% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.120%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.317% in total (about 16.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget QUSDT | 0.02534 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $2.3M | $128K | 20x |
| Short | Extended Q-USD | 0.02539 | 0.1232 | get 0.0154% / 1h | 46m 22s | $8K | $166K | 5x |
Bitget QUSDT
Extended Q-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bitget. 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
- $237.72
- Price spread: +0.229% → +0.120%
- $10.87
- Slippage, 4 orders
- −$262.61
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$31.02
- Costs to cover
- 2.796%
- Break-even
- 7.9 days
Slippage from Bitget: live order book, 1 min ago; Extended: live order book, 25 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 Bitget live order book, 1 min ago | 7.29 bp | 26.4 bp −$26 | 458.7 bp −$4,587 | doesn't fit | doesn't fit |
| Sell Extended live order book, 25 min ago | 10.17 bp | 114.6 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
Q on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDT | +0.0100% | 4h | 0.02534 | +0.024% | $1.2M | $285K | 10x | as long as short |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02530 | −0.130% | $670K | $20K | 20x | as long as short |
| Bitget QUSDTlong | +0.0100% | 4h | 0.02534 | long leg | $2.3M | $128K | 20x | |
| Variational Omni Q | +0.0199% | 4h | 0.02538 | +0.158% | $2K | $1K | — | as long as short |
| Bybit QUSDT | +0.0668% | 4h | 0.02538 | +0.170% | $1.5M | $357K | 13x | as long as short |
| Aster QUSDT | +0.1031% | 4h | 0.02532 | −0.054% | $58K | $52K | 5x | as long as short |
| BingX Q-USDT | +0.1168% | 4h | 0.02538 | +0.158% | — | $1.3M | — | as long as short |
| BloFin Q-USDT | +0.1204% | 4h | 0.02540 | +0.245% | $376K | $74K | 40x | as long as short |
| Extended Q-USDshort | +0.1232% | 1h | 0.02539 | +0.229% | $8K | $166K | 5x | |
| MEXC Q_USDT | +0.1234% | 4h | 0.02540 | +0.245% | $122K | $86K | 50x | as long as short |
Gate Q_USDT
KuCoin QUSDTM
Variational Omni Q
Bybit QUSDT
Aster QUSDT
BingX Q-USDT
BloFin Q-USDT
MEXC Q_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance QUSDT | +0.1235% | 4h | 0.02540 | +0.242% | $7.0M | $1.4M | 20x | as long as short |
Binance QUSDT