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

BA

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Gate−0.268%7-day average −0.203% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$838as in the Price arb table
costs, in and out, $10k−$8318.311% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.229%+$23 · spread now −0.268%, 7d avg −0.203%
Together, before fees+0.230%+$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.064% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.203%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BA_USDT201.670get 0.0000% / 8h6h 24m$159K$4K25x
ShortQFEX BA-USD201.130.0000get 0.0000% / 1h24m 19s$1.1M$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$0.07
Price spread: −0.268% → −0.203%
−$6.45
Slippage, 4 orders
−$806.12
Fee Gate: 7.5 bp × 2 orders
−$15
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$837.5
Costs to cover
8.311%
Break-even
87246.3 days
Slippage from Gate: live order book, 37 min ago; QFEX: live order book, 2 min ago.

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, 37 min ago64.21 bp388.2 bp −$388doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 2 min ago2.24 bp12.1 bp −$1213.5 bp −$135doesn't fitdoesn't fit

BA on 4 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 BA_USDTlong0.0000%8h201.67long leg$159K$4K25x
Bitget BAUSDT0.0000%8h201.30−0.183%$401K$96K20xas long as short
QFEX BA-USDshort0.0000%1h201.13−0.268%$1.1M$1.5M10x
Injective BA/USDC PERP+0.0033%1h199.43−1.111%$28K12xas long as short