Funding you earn now, next payment 02:00 UTC−0.0026%/8h= −2.8% APRpaid last 24h −0.011%
Price spread now: Bitget against QFEX−0.015%56s7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.498% of the position
Funding, last 3 days (all we have)−0.016%−$2 on $10k
+Price spread, last 7 days+0.010%+$1 · spread now −0.015%, 7d avg +0.026%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.040% cheaper against QFEX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.026%). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BE-USD | 274.30 | 0.0026 | pay 0.0003% / 1h | 50m 46s | $1.3M | $3.4M | 10x |
| Short | Bitget BEUSDT | 274.26 | 0 | get 0.0000% / 8h | 6h 50m | $1.7M | $2.6M | 20x |
QFEX BE-USD
Bitget BEUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.41
- Price spread: −0.015% → +0.026%
- −$4.03
- Slippage, 4 orders
- −$27.83
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$59.27
- Costs to cover
- 0.498%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 7 min ago; Bitget: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 7 min ago | 2.00 bp | 8.4 bp −$8 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.83 bp | 15.4 bp −$15 | 43.4 bp −$434 | doesn't fit | doesn't fit |
BE on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 274.20 | −0.038% | $345K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.10 | −0.073% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDTshort | 0.0000% | 8h | 274.26 | −0.015% | $1.7M | $2.6M | 20x | |
| SunX BE-USDT | 0.0000% | 8h | 274.32 | +0.007% | $2K | $2.5M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.33 | +0.011% | $13K | $33K | 20x | as long as short |
| Bybit BEUSDT | +0.0019% | 8h | 274.29 | −0.004% | $2.0M | $1.1M | 25x | as long as short |
| QFEX BE-USDlong | +0.0026% | 1h | 274.30 | long leg | $1.3M | $3.4M | 10x | |
| Lighter BE | +0.0032% | 1h | 274.06 | −0.087% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.19 | −0.040% | $250K | $290K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.05 | −0.091% | $114K | $112K | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
SunX BE-USDT
HTX BE-USDT
Bybit BEUSDT
Lighter BE
Lighter RH BE
Arcus BE-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BE-USD-PERP | +0.0046% | 1h | 274.33 | +0.011% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 274.30 | 0.000% | $5.9M | $2.9M | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.23 | −0.026% | $370K | $23K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.09 | −0.078% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0112% | 1h | 273.63 | −0.244% | $473K | $131K | 10x | as long as short |
| Extended BE-USD | +0.0184% | 1h | 274.25 | −0.019% | $46K | $264K | 10x | as long as short |
| Binance BEUSDT | +0.0185% | 8h | 274.32 | +0.006% | $8.5M | $36.3M | 25x | as long as short |
| OKX BE-USDT-SWAP | +0.0238% | 8h | 274.24 | −0.022% | $2.6M | $6.8M | 25x | as long as short |
| GRVT BE_USDT_Perp | +0.0280% | 8h | 274.11 | −0.069% | $7K | $169K | 10x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0297% | 1h | 274.21 | −0.033% | $7K | $4K | 10x | as long as short |
| BloFin BE-USDT | +0.0307% | 8h | 274.36 | +0.022% | $45K | $141K | 20x | as long as short |
Vest BE-USD-PERP
tradeXYZ xyz:BE
KuCoin BEUSDTM
Aevo BE-PERP
Coinbase International BE-PERP-INTX
Extended BE-USD
Binance BEUSDT
OKX BE-USDT-SWAP
GRVT BE_USDT_Perp
Deribit BE_USDC-PERPETUAL
BloFin BE-USDT