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

COST

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Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.009%+$1 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate COST_USDT900.230get 0.0000% / 8h4h 09m$522K$9K25x
ShortQFEX COST-USD899.810.0020get 0.0003% / 1h9m 33s$1.1M$2.3M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 30 min ago12.93 bp30.9 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 6 min ago1.11 bp6.9 bp −$7doesn't fitdoesn't fitdoesn't fit

COST on 15 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster COSTUSDT0.0000%8h900.66+0.048%$45K$13320xas long as short
Binance COSTUSDT0.0000%8h900.03−0.022%$1.1M$1.2M20xas long as short
Bybit COSTUSDT0.0000%8h900.76+0.059%$565K$142K25xas long as short
OKX COST-USDT-SWAP0.0000%8h900.44+0.023%$447K$133K10xas long as short
Gate COST_USDTlong0.0000%8h900.23long leg$522K$9K25x
Bitget COSTUSDT0.0000%8h900.10−0.014%$411K$81K25xas long as short
Variational Omni COST0.0000%8h900.230.000%$40K$13Kas long as short
SunX COST-USDT0.0000%8h899.80−0.048%$1K$2.7M10xas long as short
HTX COST-USDT0.0000%8h902.48+0.250%$10K$40K10xas long as short
QFEX COST-USDshort+0.0020%1h899.81−0.047%$1.1M$2.3M10x
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective COST/USDC PERP+0.0033%1h891.98−0.916%$2K$28K12xas long as short
Extended COST-USD+0.0040%1h899.75−0.053%10xas long as short
Vest COST-USD-PERP+0.0046%1h899.80−0.048%25xas long as short
tradeXYZ xyz:COST+0.0050%1h899.66−0.063%$1.8M$524K20xas long as short
KuCoin COSTUSDTM+0.0100%8h899.30−0.103%$49K$1.1M20xas long as short