Funding you earn now, next payment 04:00 UTC−0.0051%/8h= −5.6% APRpaid last 24h −0.029%
Price spread now: Gate against QFEX+0.006%7-day average −0.007% · 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−$215as in the Price arb table
costs, in and out, $10k−$2162.159% of the position
Funding, last 4 days (all we have)−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.006%, 7d avg −0.007%
=The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CAT-USD | 819.85 | 0.0051 | pay 0.0006% / 1h | 45m 43s | $1.1M | $4.8M | 10x |
| Short | Gate CAT_USDT | 819.90 | 0 | get 0.0000% / 8h | 4h 45m | $176K | $23K | 20x |
QFEX CAT-USD
Gate CAT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$10.74
- Price spread: +0.006% → −0.007%
- $1.31
- Slippage, 4 orders
- −$190.94
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$225.36
- Costs to cover
- 2.159%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; Gate: live order book, 5 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 QFEX live order book, 3 min ago | 6.71 bp | 21.8 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 15.86 bp | 91.1 bp −$91 | 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_USDTshort | 0.0000% | 8h | 819.90 | +0.006% | $176K | $23K | 20x | |
| Bitget CATUSDT | 0.0000% | 8h | 819.66 | −0.023% | $488K | $142K | 20x | as long as short |
| Variational Omni CAT | 0.0000% | 8h | 819.82 | −0.004% | $84K | $38K | — | as long as short |
| QFEX CAT-USDlong | +0.0051% | 1h | 819.85 | long leg | $1.1M | $4.8M | 10x | |
| Binance CATUSDT | +0.0158% | 8h | 819.85 | 0.000% | $446K | $415K | 25x | as long as short |
Bitget CATUSDT
Variational Omni CAT
Binance CATUSDT