Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | GateOURA_USDT | 52.260 | 0 | get 0.0000% / 8h | 6h 01m | $477K | $294K | 10x | Long Gate |
| SHORT | QFEXOURA-USD | 51.120 | −0.0005 | pay 0.0001% / 1h | 1m 19s | $1.1M | $558K | 10x | Short QFEX |
Price gap−2.181%
Funding gap−0.0005% /8h
Funding is ≈ 0 and the gap is 1.341% under its 7d average: the price leg works against you, −$134 on $10k if it goes back.
Funding you earn now−0.0005% /8hpaid last 24h 0.000% · next 10:00 UTC
Price spread now−2.181%7d average −0.840% · you buy dearer than you sell
Net 7d · $10k—Paid 7d $016h − costs $570 · under 7 days of funding history
Net, price · $10k−$704spread back to 7d avg − costs · as in Price arb
Costs, in and out · $10k−$5705.697% of a $10k position
Funding, last
16 hours, all we have0.000%$0 on $10kPrice spread, last 18 hours of 7D (all we have)+1.198%+$120 · now −2.181%, avg −0.840%
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
QFEX price against Gatenow
RANGE STATS · 7D
Now−2.181%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hOURA on 12 exchanges
lowest funding first| Exchange | Funding /8h | Every | Price | vs long leg | OI | Vol 24h | Lev | KYC | Use as | |
|---|---|---|---|---|---|---|---|---|---|---|
| LighterOURA | −0.0176% · 1h | 1h | 52.395 | +0.258% | $100K | $183K | 5x | No | 52.395 · +0.258% · OI $100K · 5x · KYC No | longshort |
| tradeXYZxyz:OURA | −0.0017% · 1h | 1h | 50.966 | −2.476% | $218K | $1.0M | 5x | No | 50.966 · −2.476% · OI $218K · 5x · KYC No | longshort |
| QFEXOURA-USD | −0.0005% · 1h | 1h | 51.120 | −2.181% | $1.1M | $558K | 10x | No | 51.120 · −2.181% · OI $1.1M · 10x · KYC No | SHORT |
| OKXOURA-USDT-SWAP | 0.0000% · 8h | 8h | 51.007 | −2.398% | $122K | $1.3M | 20x | Yes | 51.007 · −2.398% · OI $122K · 20x · KYC Yes | longshort |
| GateOURA_USDT | 0.0000% · 8h | 8h | 52.260 | long leg | $477K | $294K | 10x | Yes | 52.260 · long leg · OI $477K · 10x · KYC Yes | LONG |
| BitgetOURAUSDT | 0.0000% · 8h | 8h | 50.966 | −2.476% | $1.5M | $11.0M | 20x | Yes | 50.966 · −2.476% · OI $1.5M · 20x · KYC Yes | longshort |
| SunXOURA-USDT | 0.0000% · 8h | 8h | 50.820 | −2.755% | — | $2.3M | 10x | No | 50.820 · −2.755% · OI — · 10x · KYC No | longshort |
| HTXOURA-USDT | 0.0000% · 8h | 8h | 51.440 | −1.569% | $11K | $393K | 10x | Limited | 51.440 · −1.569% · OI $11K · 10x · KYC Limited | longshort |
| BloFinOURA-USDT | +0.0047% · 8h | 8h | 51.150 | −2.124% | $47K | $25K | 20x | Limited | 51.150 · −2.124% · OI $47K · 20x · KYC Limited | longshort |
| AsterOURAUSD1 | +0.0050% · 8h | 8h | 50.972 | −2.464% | $100K | $73K | 20x | No | 50.972 · −2.464% · OI $100K · 20x · KYC No | longshort |
| BinanceOURAUSDT | +0.0050% · 8h | 8h | 51.129 | −2.164% | $796K | $3.8M | 20x | Yes | 51.129 · −2.164% · OI $796K · 20x · KYC Yes | longshort |
| KuCoinOURAUSDTM | +0.0050% · 8h | 8h | 51.400 | −1.646% | $14K | $3.3M | 20x | Yes | 51.400 · −1.646% · OI $14K · 20x · KYC Yes | longshort |
Before you open
0 ok · 5 to watch- Watch: Thin at this size383.8 / 20.9 bpAt $10k Gate’s book costs 383.8 bp to enter, 18.4× QFEX’s.
- Note: Margin at max leverage$1,000 + $1,000Gate 10x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.14Long Gate: 3 payments, $0.00; short QFEX: 24 payments, −$0.14.
- Watch: Gap narrower than usual−2.181% vs −0.840%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$477K vs $1.1M OIGate sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · QFEX NoKYC 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$0.00
Price spread−2.181% → −0.840% (7d avg)−$134.12
Slippage, 4 orderslive order books−$544.69
Fee Gate bp × 2 orders−$15.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k−$703.81
Costs to cover5.697%Break-evennever at this rate
Slippage: Gate: live order book, 14 min ago; QFEX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate36.54383.8 bp−$384doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTQFEX2.9420.9 bp−$21doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.