Funding you earn now, next payment 00:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.065%
Price spread now: QFEX against Bitget−0.442%7-day average −0.357% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.442%, 7d avg −0.357%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.084% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.357%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BOTUSDT | 29.440 | 0 | get 0.0000% / 8h | 4m 59s | $250K | $138K | 5x |
| Short | QFEX BOT-USD | 29.310 | −0.0080 | pay 0.0010% / 1h | 4m 59s | $1.1M | $524K | 10x |
Bitget BOTUSDT
QFEX BOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bitget. 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
- −$16.8
- Price spread: −0.442% → −0.357%
- −$8.42
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$47.22
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 65 min ago; QFEX: live order book, 5 min ago. Net counts fees only.
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 Bitget live order book, 65 min ago | 22.06 bp | 105.0 bp −$105 | 129.1 bp −$1,291 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 78.50 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
BOT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | −0.1927% | 1h | 29.310 | −0.442% | $3K | $8K | 5x | as long as short |
| KuCoin BOTUSDTM | −0.1627% | 8h | 29.330 | −0.374% | $95K | $322K | 20x | as long as short |
| Binance BOTUSDT | −0.1391% | 8h | 29.330 | −0.374% | $454K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.1327% | 8h | 29.311 | −0.438% | $32K | $20K | — | as long as short |
| OKX BOT-USDT-SWAP | −0.0898% | 8h | 29.320 | −0.408% | $236K | $231K | 20x | as long as short |
| tradeXYZ xyz:BOT | −0.0891% | 1h | 29.301 | −0.472% | $3.1M | $832K | 10x | as long as short |
| Lighter BOT | −0.0728% | 1h | 29.453 | +0.044% | $67K | $14K | 3x | as long as short |
| Bybit BOTUSDT | −0.0448% | 8h | 29.350 | −0.306% | $530K | $325K | 25x | as long as short |
| QFEX BOT-USDshort | −0.0080% | 1h | 29.310 | −0.442% | $1.1M | $524K | 10x | |
| Gate BOT_USDT | 0.0000% | 8h | 29.400 | −0.136% | $251K | $244K | 20x | as long as short |
Arcus BOT-USD
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
OKX BOT-USDT-SWAP
tradeXYZ xyz:BOT
Lighter BOT
Bybit BOTUSDT
Gate BOT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BOTUSDTlong | 0.0000% | 8h | 29.440 | long leg | $250K | $138K | 5x | |
| HTX BOT-USDT | +0.0100% | 8h | 29.330 | −0.374% | $3K | $34K | 10x | as long as short |
HTX BOT-USDT