Funding you earn now, next payment 07:00 UTC+0.0006%/8h= +0.6% APRpaid last 24h −0.011%
Price spread now: Gate against QFEX+0.180%7-day average −0.026% · 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−$331as in the Price arb table
costs, in and out, $10k−$3523.520% of the position
Funding, last 4 days (all we have)−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.180%, 7d avg −0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.206% dearer against QFEX than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX FLEX-USD | 111.08 | −0.0006 | get 0.0001% / 1h | 38m 53s | $1.1M | $2.8M | 10x |
| Short | Gate FLEX_USDT | 111.28 | 0 | get 0.0000% / 8h | 1h 38m | $176K | $123K | 20x |
QFEX FLEX-USD
Gate FLEX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against QFEX. 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
- $1.24
- Price spread: +0.180% → −0.026%
- $20.61
- Slippage, 4 orders
- −$326.98
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$330.12
- Costs to cover
- 3.520%
- Break-even
- 1865.8 days
Slippage from QFEX: live order book, 4 min ago; Gate: live order book, 62 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 QFEX live order book, 4 min ago | 15.75 bp | 26.7 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 62 min ago | 17.90 bp | 163.4 bp −$163 | 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-USDlong | −0.0006% | 1h | 111.08 | long leg | $1.1M | $2.8M | 10x | |
| Binance FLEXUSDT | 0.0000% | 8h | 111.30 | +0.198% | $296K | $262K | 25x | as long as short |
| Bybit FLEXUSDT | 0.0000% | 8h | 111.08 | 0.000% | $127K | $231K | 25x | as long as short |
| Gate FLEX_USDTshort | 0.0000% | 8h | 111.28 | +0.180% | $176K | $123K | 20x | |
| Bitget FLEXUSDT | 0.0000% | 8h | 110.90 | −0.162% | $123K | $63K | 20x | as long as short |
| HTX FLEX-USDT | +0.0100% | 8h | 111.14 | +0.054% | $4K | $11K | 10x | as long as short |
Binance FLEXUSDT
Bybit FLEXUSDT
Bitget FLEXUSDT
HTX FLEX-USDT