Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 61.460 | 0 | 0.0000% / 1h | 25m 11s | $156K | $78K | 10x | Long QFEX | |
| SHORT | 61.520 | 0 | 0.0000% / 8h | 6h 25m | $152K | $17K | 20x | Short Gate |
Price gap+0.098%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$3 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 23 hours (all we have)
Price+$3spread +0.098% now, avg +0.065% → +0.033% if it goes back
Costs−$1411.415% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.098%
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
/8hHPE on 11 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size29.5 / 51.9 bpAt $10k entering Gate costs 51.9 bp, fee and slippage, 1.8× QFEX’s.
- Note: Margin at max leverage$1,000 + $500QFEX 10x, Gate 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long QFEX: 24 payments, $0.00; short Gate: 3 payments, $0.00.
- OK: Entry gap works for you+0.098% vs +0.065%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$152K vs $156K OIGate sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX No · Gate YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods−$0.08
Price spread+0.098% → +0.065% (7d avg)+$3.29
Slippage, 4 orderslive order books−$106.47
Fee QFEX bp × 2 orders−$20.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$138.26
Costs to cover1.415%Break-evennever at this rate
Slippage: QFEX: live order book, 1 min ago; Gate: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX1.6329.5 bp−$2936.0 bp−$360doesn’t fitdoesn’t fit
SELL · SHORTGate22.7951.9 bp−$52doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 15:29 | QFEX | Other | $HPE - Hewlett Packard Enterprise Company is now trading 24/7 @QFEX on X ↗ |
| 09-29 11:02 | QFEX | Listing | new market HPE-USD ($HPE) seen by our collector |