Funding you earn now, next payment 09:00 UTC−0.0160%/8h= −17.5% APRpaid last 24h +0.011%
Price spread now: QFEX against Bitget−0.055%7-day average +0.071% · 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−$136as in the Price arb table
costs, in and out, $10k−$1241.236% of the position
Funding, last 4 days (all we have)+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.055%, 7d avg +0.071%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and QFEX is 0.125% cheaper against Bitget than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.071%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FLEXUSDT | 110.04 | 0 | get 0.0000% / 8h | 7h 23m | $131K | $70K | 20x |
| Short | QFEX FLEX-USD | 109.98 | −0.0160 | pay 0.0020% / 1h | 23m 03s | $1.1M | $3.0M | 10x |
Bitget FLEXUSDT
QFEX FLEX-USDFunding 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
- −$33.6
- Price spread: −0.055% → +0.071%
- −$12.53
- Slippage, 4 orders
- −$101.63
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$169.76
- Costs to cover
- 1.236%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 53 min ago; QFEX: live order book, 10 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, 53 min ago | 8.58 bp | 50.5 bp −$51 | 136.2 bp −$1,362 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 10 min ago | 2.72 bp | 16.9 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
FLEX on 6 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 FLEX-USDshort | −0.0160% | 1h | 109.98 | −0.055% | $1.1M | $3.0M | 10x | |
| Binance FLEXUSDT | 0.0000% | 8h | 110.21 | +0.154% | $299K | $270K | 25x | as long as short |
| Bybit FLEXUSDT | 0.0000% | 8h | 109.93 | −0.100% | $127K | $67K | 25x | as long as short |
| Gate FLEX_USDT | 0.0000% | 8h | 110.21 | +0.154% | $174K | $120K | 20x | as long as short |
| Bitget FLEXUSDTlong | 0.0000% | 8h | 110.04 | long leg | $131K | $70K | 20x | |
| HTX FLEX-USDT | +0.0100% | 8h | 110.21 | +0.154% | $3K | $12K | 10x | as long as short |
Binance FLEXUSDT
Bybit FLEXUSDT
Gate FLEX_USDT
HTX FLEX-USDT