Funding you earn now, next payment 06:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h +0.027%
Price spread now: QFEX against Bitget−0.167%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1091.090% of the position
Funding, last 4 days (all we have)+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.167%, 7d avg −0.074%
=Funding pays, the price is against you. QFEX is 0.093% cheaper against Bitget than usual: you would sell low and buy high (spread −0.167% now, against its 7-day average of −0.074%). If the spread goes back, that is −$9 on $10k: about 9.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CATUSDT | 819.66 | 0 | get 0.0000% / 8h | 2h 55m | $486K | $142K | 20x |
| Short | QFEX CAT-USD | 818.29 | 0.0034 | get 0.0004% / 1h | 55m 43s | $1.2M | $4.0M | 10x |
Bitget CATUSDT
QFEX CAT-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
- $7.19
- Price spread: −0.167% → −0.074%
- −$9.3
- Slippage, 4 orders
- −$87.05
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$111.16
- Costs to cover
- 1.090%
- Break-even
- 115.2 days
Slippage from Bitget: live order book, 50 min ago; QFEX: live order book, 3 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 Bitget live order book, 50 min ago | 12.21 bp | 51.4 bp −$51 | 75.8 bp −$758 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 6.84 bp | 19.6 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
CAT on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CAT_USDT | 0.0000% | 8h | 819.00 | −0.081% | $175K | $23K | 20x | as long as short |
| Bitget CATUSDTlong | 0.0000% | 8h | 819.66 | long leg | $486K | $142K | 20x | |
| Variational Omni CAT | 0.0000% | 8h | 818.21 | −0.177% | $84K | $30K | — | as long as short |
| QFEX CAT-USDshort | +0.0034% | 1h | 818.29 | −0.167% | $1.2M | $4.0M | 10x | |
| Binance CATUSDT | +0.0118% | 8h | 818.37 | −0.158% | $444K | $395K | 25x | as long as short |
Gate CAT_USDT
Variational Omni CAT
Binance CATUSDT