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

BA

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against QFEX+0.020%46s7-day average +0.308% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2162.157% 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)+0.024%+$2 · spread now +0.020%, 7d avg +0.308%
Together, before fees+0.024%+$2 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: Bitget is 0.288% cheaper against QFEX than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of +0.308%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BA-USD201.340get 0.0000% / 1h35m 46s$1.1M$1.6M10x
ShortBitget BAUSDT201.380get 0.0000% / 8h1h 35m$398K$79K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against QFEX. 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
Price spread: +0.020% → +0.308%
−$28.8
Slippage, 4 orders
−$193.71
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$244.51
Costs to cover
2.157%
Break-even
never at this rate
Slippage from QFEX: live order book, 1 min ago; Bitget: live order book, 40 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 QFEX live order book, 1 min ago77.48 bp86.2 bp −$8687.0 bp −$870doesn't fitdoesn't fit
Sell Bitget live order book, 40 min ago14.64 bp21.9 bp −$2258.0 bp −$580doesn'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
QFEX BA-USDlong0.0000%1h201.34long leg$1.1M$1.6M10x
Gate BA_USDT0.0000%8h201.92+0.288%$159K$3K25xas long as short
Bitget BAUSDTshort0.0000%8h201.38+0.020%$398K$79K20x
Injective BA/USDC PERP+0.0033%1h199.43−0.949%$28K12xas long as short