Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h +0.011%
Price spread now: QFEX against Gate+0.072%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1751.747% of the position
Funding, last 4 days (all we have)+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.072%, 7d avg +0.027%
=The price spread pays, funding is against you. QFEX is 0.045% dearer against Gate than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of +0.027%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FLEX_USDT | 110.79 | 0 | get 0.0000% / 8h | 1m 56s | $175K | $124K | 20x |
| Short | QFEX FLEX-USD | 110.87 | −0.0024 | pay 0.0003% / 1h | 1m 56s | $1.1M | $2.9M | 10x |
Gate FLEX_USDT
QFEX FLEX-USDFunding 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
- −$5.04
- Price spread: +0.072% → +0.027%
- $4.48
- Slippage, 4 orders
- −$149.74
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$175.3
- Costs to cover
- 1.747%
- Break-even
- never at this rate
Slippage from Gate: live order book, 29 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, 29 min ago | 38.31 bp | 47.2 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 11.29 bp | 23.9 bp −$24 | 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 | −0.0024% | 1h | 110.87 | +0.072% | $1.1M | $2.9M | 10x | |
| Binance FLEXUSDT | 0.0000% | 8h | 110.88 | +0.081% | $302K | $272K | 25x | as long as short |
| Bybit FLEXUSDT | 0.0000% | 8h | 110.91 | +0.108% | $129K | $67K | 25x | as long as short |
| Gate FLEX_USDTlong | 0.0000% | 8h | 110.79 | long leg | $175K | $124K | 20x | |
| Bitget FLEXUSDT | 0.0000% | 8h | 110.69 | −0.090% | $131K | $70K | 20x | as long as short |
| HTX FLEX-USDT | +0.0100% | 8h | 110.76 | −0.027% | $3K | $12K | 10x | as long as short |
Binance FLEXUSDT
Bybit FLEXUSDT
Bitget FLEXUSDT
HTX FLEX-USDT