Funding you earn now, next payment 12:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.007%
Price spread now: QFEX against Gate−0.047%7-day average −0.028% · 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−$128as in the Price arb table
costs, in and out, $10k−$1261.260% of the position
Funding, last 4 days (all we have)+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.047%, 7d avg −0.028%
=The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COST_USDT | 900.23 | 0 | get 0.0000% / 8h | 4h 09m | $522K | $9K | 25x |
| Short | QFEX COST-USD | 899.81 | 0.0020 | get 0.0003% / 1h | 9m 33s | $1.1M | $2.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Gate. 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
- $4.2
- Price spread: −0.047% → −0.028%
- −$1.83
- Slippage, 4 orders
- −$101.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$123.65
- Costs to cover
- 1.260%
- Break-even
- 213.1 days
Slippage from Gate: live order book, 30 min ago; QFEX: live order book, 6 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 Gate live order book, 30 min ago | 12.93 bp | 30.9 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 1.11 bp | 6.9 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
COST on 15 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COSTUSDT | 0.0000% | 8h | 900.66 | +0.048% | $45K | $133 | 20x | as long as short |
| Binance COSTUSDT | 0.0000% | 8h | 900.03 | −0.022% | $1.1M | $1.2M | 20x | as long as short |
| Bybit COSTUSDT | 0.0000% | 8h | 900.76 | +0.059% | $565K | $142K | 25x | as long as short |
| OKX COST-USDT-SWAP | 0.0000% | 8h | 900.44 | +0.023% | $447K | $133K | 10x | as long as short |
| Gate COST_USDTlong | 0.0000% | 8h | 900.23 | long leg | $522K | $9K | 25x | |
| Bitget COSTUSDT | 0.0000% | 8h | 900.10 | −0.014% | $411K | $81K | 25x | as long as short |
| Variational Omni COST | 0.0000% | 8h | 900.23 | 0.000% | $40K | $13K | — | as long as short |
| SunX COST-USDT | 0.0000% | 8h | 899.80 | −0.048% | $1K | $2.7M | 10x | as long as short |
| HTX COST-USDT | 0.0000% | 8h | 902.48 | +0.250% | $10K | $40K | 10x | as long as short |
| QFEX COST-USDshort | +0.0020% | 1h | 899.81 | −0.047% | $1.1M | $2.3M | 10x |
Show all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective COST/USDC PERP | +0.0033% | 1h | 891.98 | −0.916% | $2K | $28K | 12x | as long as short |
| Extended COST-USD | +0.0040% | 1h | 899.75 | −0.053% | — | — | 10x | as long as short |
| Vest COST-USD-PERP | +0.0046% | 1h | 899.80 | −0.048% | — | — | 25x | as long as short |
| tradeXYZ xyz:COST | +0.0050% | 1h | 899.66 | −0.063% | $1.8M | $524K | 20x | as long as short |
| KuCoin COSTUSDTM | +0.0100% | 8h | 899.30 | −0.103% | $49K | $1.1M | 20x | as long as short |
Gate COST_USDT
Aster COSTUSDT
Binance COSTUSDT
Bybit COSTUSDT
OKX COST-USDT-SWAP
Bitget COSTUSDT
Variational Omni COST
SunX COST-USDT
HTX COST-USDT
Injective COST/USDC PERP
Extended COST-USD
tradeXYZ xyz:COST
KuCoin COSTUSDTM