Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 52.230 | −0.0002 | 0.0000% / 1h | 0m 08s | $984K | $1.1M | 10x | Long QFEX37% off | |
| SHORT | 51.780 | +0.1137 | get 0.1137% / 8h | 5h 00m | $659K | $2.4M | 20x | Short Bitget |
Price gap−0.862%
Funding gap+0.1139% /8h
Funding pays +$34 a day on $10k, but the gap is 1.317% under its 7d average: −$132 if it goes back, about 3.9 days of funding. At the last 7 days' pace that is about 46 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$20+0.1139% /8h now · paid +0.202% over the last 7D
Price−$132spread −0.862% now, avg +0.455% → −1.317% if it goes back
Costs−$1791.785% of $10k · taker + slippage, in and out
Result−$290−2.90%no points
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.202% in total, about +0.0096%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.862%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hAEHR on 7 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size46.1 / 54.7 bpAt $10k entering Bitget costs 54.7 bp, fee and slippage, 1.2× QFEX’s.
- Note: Margin at max leverage$1,000 + $500QFEX 10x, Bitget 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$34.17Long QFEX: 24 payments, +$0.06; short Bitget: 3 payments, +$34.11.
- Watch: Gap narrower than usual−0.862% vs +0.455%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$659K vs $984K OIBitget sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX No · Bitget YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0096%/8h × 21 periods+$20.24
Price spread−0.862% → +0.455% (7d avg)−$131.70
Slippage, 4 orderslive order books−$146.50
Fee QFEX bp × 2 orders−$20.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$289.97
Costs to cover1.785%Break-even107.3 days
Slippage: QFEX: live order book, 4 min ago; Bitget: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX35.4646.1 bp−$46doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget7.7254.7 bp−$55135.1 bp−$1,351doesn’t fitdoesn’t fit
Closing costs about the same again.