Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 79.000 | 0 | 0.0000% / 8h | 6h 59m | $116K | $23 | 20x | Long Gate | |
| SHORT | 77.960 | 0 | 0.0000% / 1h | 59m 29s | $173K | $660 | 10x | Short QFEX10% back |
Price gap−1.316%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 1.657% under its 7d average: the price leg works against you, −$166 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 6 days (all we have)
Price−$166spread −1.316% now, avg +0.340% → −1.657% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$166−1.66%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−1.316%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCCJ on 4 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than Gate’s order book right now.
- Note: Margin at max leverage$500 + $1,000Gate 20x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long Gate: 3 payments, $0.00; short QFEX: 24 payments, $0.00.
- Watch: Gap narrower than usual−1.316% vs +0.340%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$116K vs $173K OIGate sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · QFEX NoKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods+$0.05
Price spread−1.316% → +0.340% (7d avg)−$165.67
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Gate bp × 2 orders−$15.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: Gate: live order book, 15 min ago; QFEX: live order book, 23 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate216.01doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTQFEX252.75293.7 bp−$294doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.