Funding you earn now, next payment 08:00 UTC+0.0862%/8h= +94.3% APRpaid last 24h +0.175%
Price spread now: QFEX against KuCoin0.000%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$782as in the Price arb table
costs, in and out, $10k−$7837.830% of the position
Funding, last 4 days (all we have)+0.114%+$11 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now 0.000%, 7d avg −0.013%
=The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: +$26 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.114% in total (about 11.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BOTUSDTM | 29.080 | −0.0874 | get 0.0874% / 8h | 18m 12s | $93K | $407K | 20x |
| Short | QFEX BOT-USD | 29.080 | −0.0012 | pay 0.0002% / 1h | 18m 12s | $1.2M | $485K | 10x |
KuCoin BOTUSDTM
QFEX BOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against KuCoin. 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
- $180.92
- Price spread: 0.000% → −0.013%
- $1.32
- Slippage, 4 orders
- −$761.03
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$600.78
- Costs to cover
- 7.830%
- Break-even
- 30.2 days
Slippage from KuCoin: live order book, 15 min ago; QFEX: live order book, 8 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 KuCoin live order book, 15 min ago | 17.19 bp | 313.7 bp −$314 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 8 min ago | 55.02 bp | 69.6 bp −$70 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX BOT-USDT-SWAP | −0.1863% | 8h | 29.110 | +0.103% | $232K | $222K | 20x | as long as short |
| tradeXYZ xyz:BOT | −0.1000% | 1h | 29.052 | −0.096% | $3.0M | $800K | 10x | as long as short |
| KuCoin BOTUSDTMlong | −0.0874% | 8h | 29.080 | long leg | $93K | $407K | 20x | |
| Binance BOTUSDT | −0.0680% | 8h | 29.100 | +0.069% | $457K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.0579% | 8h | 29.080 | 0.000% | $33K | $16K | — | as long as short |
| Bitget BOTUSDT | −0.0133% | 8h | 29.170 | +0.309% | $242K | $130K | 5x | as long as short |
| QFEX BOT-USDshort | −0.0012% | 1h | 29.080 | 0.000% | $1.2M | $485K | 10x | |
| Bybit BOTUSDT | 0.0000% | 8h | 29.060 | −0.069% | $511K | $576K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.170 | +0.309% | $250K | $230K | 20x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.299 | +0.753% | $67K | $1K | 3x | as long as short |
OKX BOT-USDT-SWAP
tradeXYZ xyz:BOT
Binance BOTUSDT
Variational Omni BOT
Bitget BOTUSDT
Bybit BOTUSDT
Gate BOT_USDT
Lighter BOTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | +0.0040% | 1h | 29.040 | −0.138% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.094 | +0.048% | $4K | $34K | 10x | as long as short |
Arcus BOT-USD
HTX BOT-USDT