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

BOT

RWAall BOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h −0.100%
Price spread now: Arcus against QFEX−0.136%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Arcus is 0.136% cheaper against QFEX than usual: you would sell low and buy high (spread −0.136% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 7.0 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BOT-USD29.480−0.0024get 0.0003% / 1h25m 19s$1.2M$523K10x
ShortArcus BOT-USD29.4400.0040get 0.0005% / 1h25m 19s$3K$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus 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
$13.48
Price spread: −0.136% → 0.000%
−$13.57
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$14.59
Costs to cover
0.145%
Break-even
14.6 days
Slippage unknown: QFEX: live order book, 1 min ago; Arcus: no order-book sample. Net counts fees only.

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 ago54.27 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Arcus no order-book sample
Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BOT on 12 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
KuCoin BOTUSDTM−0.1131%8h29.490+0.034%$95K$281K20xas long as short
Binance BOTUSDT−0.0844%8h29.500+0.068%$449K$1.2M10xas long as short
Variational Omni BOT−0.0806%8h29.475−0.018%$31K$21Kas long as short
OKX BOT-USDT-SWAP−0.0596%8h29.470−0.034%$235K$222K20xas long as short
QFEX BOT-USDlong−0.0024%1h29.480long leg$1.2M$523K10x
Bybit BOTUSDT0.0000%8h29.470−0.034%$533K$542K25xas long as short
Gate BOT_USDT0.0000%8h29.530+0.170%$255K$237K20xas long as short
Bitget BOTUSDT0.0000%8h29.540+0.204%$248K$117K5xas long as short
Lighter BOT+0.0032%1h29.596+0.393%$68K$1K3xas long as short
Arcus BOT-USDshort+0.0040%1h29.440−0.136%$3K$9K5x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:BOT+0.0050%1h29.478−0.007%$3.1M$800K10xas long as short
HTX BOT-USDT+0.0100%8h29.525+0.153%$3K$34K10xas long as short