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

Q

all Q markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0848%/8h= +92.9% APRnext payment +$4.24 per $10,000 · paid last 24h −0.022%
Price spread now: BloFin against Variational Omni−0.070%71s7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. BloFin is 0.070% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.070% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 7 hours of funding at the current rate (+$25 a day). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni Q0.025470.0383pay 0.0192% / 4h3h 18m$2K$1K
ShortBloFin Q-USDT0.025450.1231get 0.0616% / 4h3h 18m$378K$73K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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
$178.09
Price spread: −0.070% → 0.000%
−$6.99
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$159.1
Costs to cover
0.120%
Break-even
0.7 days
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 52 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 Variational Omni no order-book sample
Sell BloFin live order book, 52 min ago0.20 bp28.2 bp −$28doesn't fitdoesn't fitdoesn't fit
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

Q on 11 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_USDT+0.0100%4h0.02538−0.364%$1.2M$291K10xas long as short
KuCoin QUSDTM+0.0100%4h0.02538−0.341%$672K$19K20xas long as short
Bitget QUSDT+0.0100%4h0.02543−0.141%$2.3M$125K20xas long as short
Variational Omni Qlong+0.0383%4h0.02547long leg$2K$1K
Bybit QUSDT+0.0723%4h0.02542−0.207%$1.5M$353K13xas long as short
BingX Q-USDT+0.1115%4h0.02540−0.270%$1.3Mas long as short
Aster QUSDT+0.1158%4h0.02544−0.112%$59K$52K5xas long as short
Extended Q-USD+0.1168%1h0.02543−0.169%$8K$165K5xas long as short
Binance QUSDT+0.1171%4h0.02543−0.144%$7.0M$1.4M20xas long as short
MEXC Q_USDT+0.1174%4h0.02544−0.129%$122K$87K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin Q-USDTshort+0.1231%4h0.02545−0.070%$378K$73K40x