Funding you earn now, next payment 03:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h 0.000%
Price spread now: QFEX against Bitget−0.026%7-day average +1.146% · 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−$362as in the Price arb table
costs, in and out, $10k−$2452.448% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now −0.026%, 7d avg +1.146%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 1.172% cheaper against Bitget than usual: you would sell low and buy high, −$117 on $10k if it goes back to its 7-day average of +1.146%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget DXYZUSDT | 30.978 | 0 | get 0.0000% / 8h | 5h 10m | $132K | $23K | 20x |
| Short | QFEX DXYZ-USD | 30.970 | −0.0005 | pay 0.0001% / 1h | 10m 14s | $1.1M | $178K | 10x |
Funding 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
- −$1.01
- Price spread: −0.026% → +1.146%
- −$117.18
- Slippage, 4 orders
- −$222.75
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$362.94
- Costs to cover
- 2.448%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 44 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, 44 min ago | 29.53 bp | 36.8 bp −$37 | 47.7 bp −$477 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 80.72 bp | 85.7 bp −$86 | 90.5 bp −$905 | doesn't fit | doesn't fit |
DXYZ on 2 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX DXYZ-USDshort | −0.0005% | 1h | 30.970 | −0.026% | $1.1M | $178K | 10x | |
| Bitget DXYZUSDTlong | 0.0000% | 8h | 30.978 | long leg | $132K | $23K | 20x |
Bitget DXYZUSDT