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

Q

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Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0748%/8h= +81.9% APRpaid last 24h +0.128%
Price spread now: Extended against Gate+0.194%7-day average +0.195% · you sell dearer than you buy
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+0.374%+$37 on $10k
Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.194%, 7d avg +0.195%
Together, before fees+0.325%+ Points / potential airdropExtended: Active · farm board+$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.195%, so right now this pair is about funding alone: +$22 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.374% in total (about 19.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate Q_USDT0.025540.0100pay 0.0050% / 4h2h 21m$1.2M$295K10x
ShortExtended Q-USD0.025590.0848get 0.0106% / 1h21m 56s$9K$179K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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
$157.08
Price spread: +0.194% → +0.195%
−$0.07
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$137.01
Costs to cover
0.200%
Break-even
0.9 days
Slippage unknown: Gate: live order book, 3 min ago; Extended: live order book, 26 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 Gate live order book, 3 min ago7.64 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 26 min ago9.41 bp106.2 bp −$106doesn't fitdoesn't fitdoesn't fit

Q on 11 exchanges

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_USDTlong+0.0100%4h0.02554long leg$1.2M$295K10x
KuCoin QUSDTM+0.0100%4h0.02552−0.059%$680K$16K20xas long as short
Bitget QUSDT+0.0100%4h0.02556+0.070%$2.3M$125K20xas long as short
Variational Omni Q+0.0100%4h0.02555+0.050%$616$2Kas long as short
Aster QUSDT+0.0388%4h0.02555+0.046%$59K$45K5xas long as short
Bybit QUSDT+0.0408%4h0.02555+0.051%$1.5M$381K13xas long as short
BingX Q-USDT+0.0798%4h0.02558+0.172%$1.3Mas long as short
BloFin Q-USDT+0.0820%4h0.02556+0.078%$389K$70K40xas long as short
MEXC Q_USDT+0.0842%4h0.02560+0.235%$122K$88K50xas long as short
Binance QUSDT+0.0848%4h0.02560+0.235%$7.1M$1.3M20xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended Q-USDshort+0.0848%1h0.02559+0.194%$9K$179K5x