Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb · Price arb /

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 00:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h −0.011%
Price spread now: Bitget against QFEX+0.035%7-day average +0.063% · 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−$39as in the Price arb table
costs, in and out, $10k−$360.363% of the position
Long on QFEXShort on Bitget
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.015%−$2 on $10k
Price spread, last 7 days+0.012%+$1 · spread now +0.035%, 7d avg +0.063%
Together, before fees−0.003%$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.029% cheaper against QFEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.063%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX COIN-USD202.130.0021pay 0.0003% / 1h56m 07s$1.4M$4.0M10x
ShortBitget COINUSDT202.200get 0.0000% / 8h7h 56m$6.9M$9.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against QFEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$4.45
Price spread: +0.035% → +0.063%
−$2.86
Slippage, 4 orders
−$14.34
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$43.65
Costs to cover
0.363%
Break-even
never at this rate
Slippage from QFEX: live order book, 7 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 7 min ago1.49 bp6.5 bp −$78.9 bp −$89doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago2.22 bp11.1 bp −$1130.6 bp −$306doesn't fitdoesn't fit

COIN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective COIN/USDC PERP−0.0440%1h202.21+0.040%$45K$48K30xas long as short
Aster COINUSDT0.0000%8h202.04−0.044%$370K$839K20xas long as short
Extended COIN_24_5-USD0.0000%1h202.08−0.027%$119K$444K10xas long as short
Binance COINUSDT0.0000%8h201.88−0.122%$15.8M$76.3M20xas long as short
Bybit COINUSDT0.0000%8h202.03−0.049%$5.1M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h202.17+0.020%$3.3M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h202.14+0.005%$1.3M$6.8M50xas long as short
Bitget COINUSDTshort0.0000%8h202.20+0.035%$6.9M$9.7M20x
Variational Omni COIN0.0000%8h202.35+0.108%$842K$1.1M—as long as short
GRVT COIN_USDT_Perp0.0000%8h202.07−0.030%$22K$2.0M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USDlong+0.0021%1h202.13long leg$1.4M$4.0M10x
Arcus COIN-USD+0.0040%1h202.34+0.104%$16K$53K5xas long as short
Vest COIN-USD-PERP+0.0046%1h202.04−0.045%—$513K25xas long as short
Polymarket Perps COIN-USD+0.0050%1h202.130.000%$129K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h202.08−0.025%$91$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h202.14+0.005%$361K$3.3M10xas long as short
KuCoin COINUSDTM+0.0100%8h202.130.000%$1.0M$138K20xas long as short
ApeX Omni COINUSDT+0.0100%1h202.00−0.064%$91K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h202.14+0.005%$585$4K10xas long as short
Aevo COIN-PERP+0.0104%1h202.15+0.012%$119—10xas long as short
BloFin COIN-USDT+0.0120%8h202.48+0.173%$200K$343K20xas long as short
Phoenix COIN+0.0238%1h202.36+0.114%$5K$279K10xas long as short
edgeX COINUSDC+0.0348%4h202.25+0.060%$52K$292K10xas long as short
tradeXYZ xyz:COIN+0.0390%1h202.06−0.035%$16.6M$13.1M10xas long as short
Lighter RH COIN+0.0408%1h202.12−0.005%$435K$1.5M10xas long as short
Lighter COIN+0.0464%1h202.12−0.005%$377K$1.8M10xas long as short