Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against QFEX+0.435%7-day average — · 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−$399as in the Price arb table
costs, in and out, $10k−$4424.422% of the position
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: Gate is 0.435% dearer against QFEX than usual: you sell high and buy low, +$43 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX IBIT-USD | 48.290 | 0 | get 0.0000% / 1h | 33m 53s | $1.2M | $5.7M | 10x |
| Short | Gate IBIT_USDT | 48.500 | 0 | get 0.0000% / 8h | 1h 33m | $100K | $20K | 20x |
Funding 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
- $0
- Price spread: +0.435% → 0.000%
- $43.49
- Slippage, 4 orders
- −$417.17
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$398.69
- Costs to cover
- 4.422%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 10 min ago; Gate: live order book, 48 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, 10 min ago | 2.07 bp | 9.1 bp −$9 | 15.7 bp −$157 | doesn't fit | doesn't fit |
| Sell Gate live order book, 48 min ago | 12.37 bp | 221.0 bp −$221 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX IBIT-USDlong | 0.0000% | 1h | 48.290 | long leg | $1.2M | $5.7M | 10x | |
| Gate IBIT_USDTshort | 0.0000% | 8h | 48.500 | +0.435% | $100K | $20K | 20x | |
| Bitget IBITUSDT | 0.0000% | 8h | 48.324 | +0.070% | $19K | $83K | 20x | as long as short |
| HTX IBIT-USDT | 0.0000% | 8h | 48.490 | +0.414% | $1K | $30K | 20x | as long as short |
| Bybit IBITUSDT | +0.0197% | 8h | 48.410 | +0.248% | $111K | $771K | 25x | as long as short |
Gate IBIT_USDT
Bitget IBITUSDT
HTX IBIT-USDT
Bybit IBITUSDT