Funding you earn now, next payment 09:00 UTC−0.1373%/8h= −150.4% APRpaid last 24h −0.245%
Price spread now: KuCoin against QFEX−0.309%7-day average +0.012% · 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)−0.205%−$21 on $10k
+Price spread, last 4 days (all we have)+0.167%+$17 · spread now −0.309%, 7d avg +0.012%
=Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and KuCoin is 0.321% cheaper against QFEX than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.205% in total (about -19.9% 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 | QFEX BOT-USD | 29.130 | −0.0076 | get 0.0009% / 1h | 28m 47s | $1.2M | $481K | 10x |
| Short | KuCoin BOTUSDTM | 29.040 | −0.1449 | pay 0.1449% / 8h | 7h 28m | $92K | $457K | 20x |
QFEX BOT-USD
KuCoin BOTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$288.38
- Price spread: −0.309% → +0.012%
- −$32.13
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$342.51
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 2 min ago; KuCoin: live order book, 64 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, 2 min ago | 129.24 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 64 min ago | 17.19 bp | 329.5 bp −$329 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BOTUSDT | −0.4953% | 8h | 29.010 | −0.412% | $520K | $579K | 25x | as long as short |
| OKX BOT-USDT-SWAP | −0.2459% | 8h | 29.000 | −0.446% | $231K | $237K | 20x | as long as short |
| Lighter BOT | −0.1528% | 1h | 29.205 | +0.257% | $67K | $1K | 3x | as long as short |
| KuCoin BOTUSDTMshort | −0.1449% | 8h | 29.040 | −0.309% | $92K | $457K | 20x | |
| Binance BOTUSDT | −0.1210% | 8h | 29.020 | −0.378% | $453K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.1025% | 8h | 29.025 | −0.360% | $33K | $12K | — | as long as short |
| tradeXYZ xyz:BOT | −0.0579% | 1h | 29.028 | −0.350% | $3.0M | $790K | 10x | as long as short |
| QFEX BOT-USDlong | −0.0076% | 1h | 29.130 | long leg | $1.2M | $481K | 10x | |
| Bitget BOTUSDT | −0.0054% | 8h | 29.070 | −0.206% | $241K | $129K | 5x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.090 | −0.137% | $250K | $225K | 20x | as long as short |
Bybit BOTUSDT
OKX BOT-USDT-SWAP
Lighter BOT
Binance BOTUSDT
Variational Omni BOT
tradeXYZ xyz:BOT
Bitget BOTUSDT
Gate BOT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | +0.0040% | 1h | 29.050 | −0.275% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.034 | −0.330% | $3K | $35K | 10x | as long as short |
Arcus BOT-USD
HTX BOT-USDT