Settings8H · net · $10k
Funding arb · Price arb /

GS

RWAall GS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.048%
Price spread now: Binance against QFEX−0.065%7-day average +0.287% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1181.179% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.048%+$5 on $10k
Price spread, last 2 days (all we have)+0.716%+$72 · spread now −0.065%, 7d avg +0.287%
Together, before fees+0.764%+$76 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.352% cheaper against QFEX than usual: you would sell low and buy high, −$35 on $10k if it goes back to its 7-day average of +0.287%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX GS-USD960.050get 0.0000% / 1h20m 05s$1.1M$2.5M10x
ShortBinance GSUSDT959.430get 0.0000% / 8h6h 20m$428K$357K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against QFEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.065% → +0.287%
−$35.25
Slippage, 4 orders
−$97.92
Fee QFEX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$153.16
Costs to cover
1.179%
Break-even
never at this rate
Slippage from QFEX: live order book, 2 min ago; Binance: live order book, 72 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 2 min ago1.82 bp36.2 bp −$3639.9 bp −$399doesn't fitdoesn't fit
Sell Binance live order book, 72 min ago5.09 bp20.3 bp −$2098.8 bp −$988doesn't fitdoesn't fit

GS on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance GSUSDTshort0.0000%8h959.43−0.065%$428K$357K20x
Bybit GSUSDT0.0000%8h959.18−0.091%$287K$44K25xas long as short
QFEX GS-USDlong0.0000%1h960.05long leg$1.1M$2.5M10x
Gate GS_USDT0.0000%8h959.60−0.047%$227K$9K20xas long as short
Bitget GSUSDT0.0000%8h960.92+0.091%$355K$35K20xas long as short
GRVT GS_USDT_Perp0.0000%8h959.62−0.045%$345$118K10xas long as short
HTX GS-USDT0.0000%8h959.65−0.042%$9K$38K10xas long as short
edgeX GSUSDC+0.0158%4h960.55+0.052%$26K$243K10xas long as short
Injective GS/USDC PERP+0.0220%1h983.38+2.430%$11K$39K12xas long as short