Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Bitget−0.072%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.072% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IBITUSDT | 48.495 | 0 | get 0.0000% / 8h | 3h 35m | $17K | $78K | 20x |
| Short | QFEX IBIT-USD | 48.460 | 0 | get 0.0000% / 1h | 35m 47s | $1.1M | $6.5M | 10x |
Bitget IBITUSDT
QFEX IBIT-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
- $0
- Price spread: −0.072% → 0.000%
- −$7.22
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$29.22
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Bitget: no order-book sample; QFEX: live order book, 8 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 8 min ago | 3.09 bp | 10.1 bp −$10 | 15.5 bp −$155 | doesn't fit | doesn't fit |
Bitget: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
IBIT on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit IBITUSDT | 0.0000% | 8h | 48.510 | +0.031% | $114K | $773K | 25x | as long as short |
| QFEX IBIT-USDshort | 0.0000% | 1h | 48.460 | −0.072% | $1.1M | $6.5M | 10x | |
| Gate IBIT_USDT | 0.0000% | 8h | 48.600 | +0.217% | $96K | $18K | 20x | as long as short |
| Bitget IBITUSDTlong | 0.0000% | 8h | 48.495 | long leg | $17K | $78K | 20x | |
| HTX IBIT-USDT | 0.0000% | 8h | 48.490 | −0.010% | $1K | $31K | 20x | as long as short |
Bybit IBITUSDT
Gate IBIT_USDT
HTX IBIT-USDT