Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 122.35 | 0 | 0.0000% / 8h | 7h 52m | $20K | $347K | 20x | Long Bitget | |
| SHORT | 120.86 | 0 | 0.0000% / 1h | 52m 09s | $1.6M | $37K | 10x | Short QFEX10% back |
Price gap−1.218%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 1.095% under its 7d average: the price leg works against you, −$110 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$60.0000% /8h now · paid −0.056% over the last 7D
Price−$110spread −1.218% now, avg −0.122% → −1.095% if it goes back
Costs−$2,34123.414% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−1.218%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hEBAY on 12 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size13.8 / 1408.8 bpAt $10k entering QFEX costs 1408.8 bp, fee and slippage, 101.8× Bitget’s.
- Note: Margin at max leverage$500 + $1,000Bitget 20x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long Bitget: 3 payments, $0.00; short QFEX: 24 payments, $0.00.
- Watch: Gap narrower than usual−1.218% vs −0.122%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$20K vs $1.6M OIBitget sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · QFEX NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0027%/8h × 21 periods−$5.58
Price spread−1.218% → −0.122% (7d avg)−$109.55
Slippage, 4 orderslive order books−$2,309.42
Fee Bitget bp × 2 orders−$12.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$2,456.55
Costs to cover23.414%Break-evennever at this rate
Slippage: Bitget: live order book, 20 min ago; QFEX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget5.3013.8 bp−$1444.0 bp−$440doesn’t fitdoesn’t fit
SELL · SHORTQFEX261.231408.8 bp−$1,4091427.4 bp−$14.3Kdoesn’t fitdoesn’t fit
Closing costs about the same again.
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