Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 11.880 | 0 | 0.0000% / 1h | 56m 10s | $378K | $101K | 10x | Long QFEX10% back | |
| SHORT | 11.972 | +0.2936 | get 0.2936% / 8h | 56m 10s | $53K | $104K | 20x | Short Bitget |
Price gap+0.774%
Funding gap+0.2936% /8h
Both sides work: funding pays +$88 a day on $10k, and the gap is 0.461% above its 7d average: +$46 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$30+0.2936% /8h now · paid +0.302% over the last 1 day (all we have)
Price+$46spread +0.774% now, avg +0.314% → +0.461% if it goes back
Costs−$5675.672% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 1 day it paid +0.302% in total, about +0.0753%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.774%
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
/8hNU on 5 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size239.4 / 10.4 bpAt $10k entering QFEX costs 239.4 bp, fee and slippage, 22.9× Bitget’s.
- Note: Margin at max leverage$1,000 + $500QFEX 10x, Bitget 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: +$88.08Long QFEX: 24 payments, $0.00; short Bitget: 3 payments, +$88.08.
- OK: Entry gap works for you+0.774% vs +0.314%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$53K vs $378K OIBitget sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX No · Bitget YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0753%/8h × 21 periods+$158.19
Price spread+0.774% → +0.314% (7d avg)+$46.06
Slippage, 4 orderslive order books−$535.15
Fee QFEX bp × 2 orders−$20.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$362.90
Costs to cover5.672%Break-even23.1 days
Slippage: QFEX: live order book, 22 min ago; Bitget: live order book, 31 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX176.32239.4 bp−$239doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget2.9210.4 bp−$1031.2 bp−$312doesn’t fitdoesn’t fit
Closing costs about the same again.
Gate