Settings8H · net · $10k
Funding arb · Price arb /

Q

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0844%/8h= −92.4% APRpaid last 24h −0.089%
Price spread now: Gate against Extended−0.130%7-day average −0.200% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.330%−$33 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.130%, 7d avg −0.200%
Together, before fees−0.387%+ Points / potential airdropExtended: Active · farm board−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.070% dearer against Extended than usual: you sell high and buy low (spread −0.130% now, against its 7-day average of −0.200%): +$7 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.330% in total) that is about 35 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.330% in total (about -17.2% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended Q-USD0.025270.0944pay 0.0118% / 1h18m 48s$10K$160K5x
ShortGate Q_USDT0.025240.0100get 0.0050% / 4h2h 18m$1.2M$291K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$177.24
Price spread: −0.130% → −0.200%
$6.97
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$190.27
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 47 min ago; Gate: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 47 min ago11.20 bp98.6 bp −$99831.8 bp −$8,318doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago12.28 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

Q on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate Q_USDTshort+0.0100%4h0.02524−0.130%$1.2M$291K10x
KuCoin QUSDTM+0.0100%4h0.02523−0.169%$668K$19K20xas long as short
Bitget QUSDT+0.0100%4h0.02528+0.021%$2.2M$124K20xas long as short
Bybit QUSDT+0.0336%4h0.02526−0.063%$1.5M$354K13xas long as short
Variational Omni Q+0.0432%4h0.02527−0.026%$610$2Kas long as short
Aster QUSDT+0.0880%4h0.02525−0.099%$58K$52K5xas long as short
BingX Q-USDT+0.0928%4h0.02523−0.165%$1.3Mas long as short
MEXC Q_USDT+0.0942%4h0.02528+0.024%$122K$87K50xas long as short
Binance QUSDT+0.0943%4h0.02528+0.021%$7.0M$1.4M20xas long as short
Extended Q-USDlong+0.0944%1h0.02527long leg$10K$160K5x