Funding you earn now, next payment 23:00 UTC+0.0016%/8h= +1.7% APRpaid last 24h +0.011%
Price spread now: QFEX against Bitget−0.060%7-day average −0.061% · 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−$35as in the Price arb table
costs, in and out, $10k−$350.350% of the position
Funding, last 3 days (all we have)+0.015%+$2 on $10k
+Price spread, last 7 days+0.082%+$8 · spread now −0.060%, 7d avg −0.061%
=The price spread sits at its 7-day average of −0.061%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COINUSDT | 201.60 | 0 | get 0.0000% / 8h | 1h 28m | $6.9M | $9.9M | 20x |
| Short | QFEX COIN-USD | 201.48 | 0.0016 | get 0.0002% / 1h | 28m 29s | $1.4M | $3.9M | 10x |
Bitget COINUSDT
QFEX COIN-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
- $3.31
- Price spread: −0.060% → −0.061%
- $0.12
- Slippage, 4 orders
- −$13.03
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$31.6
- Costs to cover
- 0.350%
- Break-even
- 73.8 days
Slippage from Bitget: live order book, 5 min ago; QFEX: 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 Bitget live order book, 5 min ago | 1.49 bp | 12.0 bp −$12 | 24.1 bp −$241 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.49 bp | 6.5 bp −$6 | 10.2 bp −$102 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 200.90 | −0.347% | $44K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.56 | −0.018% | $370K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.51 | −0.046% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.55 | −0.026% | $15.6M | $76.8M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.49 | −0.055% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.53 | −0.035% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.51 | −0.045% | $1.3M | $7.0M | 50x | as long as short |
| Bitget COINUSDTlong | 0.0000% | 8h | 201.60 | long leg | $6.9M | $9.9M | 20x | |
| Variational Omni COIN | 0.0000% | 8h | 201.63 | +0.015% | $799K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.66 | +0.030% | $16K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USDshort | +0.0016% | 1h | 201.48 | −0.060% | $1.4M | $3.9M | 10x | |
| Lighter COIN | +0.0032% | 1h | 201.50 | −0.048% | $367K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.47 | −0.064% | $434K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 201.64 | +0.020% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.32 | −0.139% | — | $513K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 201.42 | −0.089% | $16.3M | $13.1M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.38 | −0.109% | $146K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.41 | −0.094% | $87 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.37 | −0.114% | $362K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.62 | +0.010% | $1.0M | $145K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.80 | +0.099% | $91K | $346K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.40 | −0.099% | $582 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.42 | −0.088% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.59 | −0.005% | $199K | $341K | 20x | as long as short |
| Phoenix COIN | +0.0198% | 1h | 201.52 | −0.040% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0698% | 4h | 201.78 | +0.091% | $52K | $294K | 10x | as long as short |
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC