Funding you earn now, next payment 05:00 UTC−0.0656%/8h= −71.9% APRpaid last 24h −0.271%
Price spread now: Binance against QFEX−0.041%7-day average +0.049% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.248%−$25 on $10k
+Price spread, last 7 days+0.187%+$19 · spread now −0.041%, 7d avg +0.049%
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Binance is 0.090% cheaper against QFEX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.049%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BOT-USD | 29.460 | −0.0080 | get 0.0010% / 1h | 56m 41s | $1.2M | $518K | 10x |
| Short | Binance BOTUSDT | 29.448 | −0.0736 | pay 0.0736% / 8h | 3h 56m | $449K | $1.2M | 10x |
QFEX BOT-USD
Binance BOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$137.84
- Price spread: −0.041% → +0.049%
- −$9
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$166.84
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 4 min ago; Binance: live order book, 6 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 QFEX live order book, 4 min ago | 52.64 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 3.40 bp | 42.3 bp −$42 | 300.1 bp −$3,001 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BOT | −0.1441% | 1h | 29.436 | −0.081% | $3.1M | $775K | 10x | as long as short |
| KuCoin BOTUSDTM | −0.1071% | 8h | 29.460 | 0.000% | $95K | $284K | 20x | as long as short |
| OKX BOT-USDT-SWAP | −0.0849% | 8h | 29.480 | +0.068% | $235K | $218K | 20x | as long as short |
| Binance BOTUSDTshort | −0.0736% | 8h | 29.448 | −0.041% | $449K | $1.2M | 10x | |
| Variational Omni BOT | −0.0679% | 8h | 29.445 | −0.051% | $31K | $19K | — | as long as short |
| QFEX BOT-USDlong | −0.0080% | 1h | 29.460 | long leg | $1.2M | $518K | 10x | |
| Bybit BOTUSDT | 0.0000% | 8h | 29.430 | −0.102% | $510K | $554K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.520 | +0.204% | $255K | $233K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.550 | +0.305% | $247K | $119K | 5x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.626 | +0.563% | $68K | $1K | 3x | as long as short |
tradeXYZ xyz:BOT
KuCoin BOTUSDTM
OKX BOT-USDT-SWAP
Variational Omni BOT
Bybit BOTUSDT
Gate BOT_USDT
Bitget BOTUSDT
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 | 29.400 | −0.204% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.488 | +0.095% | $3K | $34K | 10x | as long as short |
Arcus BOT-USD
HTX BOT-USDT