Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | QFEXOURA-USD | 51.110 | −0.0005 | get 0.0001% / 1h | 3m 01s | $1.1M | $556K | 10x | Long QFEX |
| SHORT | BitgetOURAUSDT | 50.953 | 0 | get 0.0000% / 8h | 6h 03m | $1.5M | $11.0M | 20x | Short Bitget |
Price gap−0.307%
Funding gap+0.0005% /8h
Funding is ≈ 0, so this is a price-spread trade: +$10 on $10k if the gap goes back to its 7d average.
Funding you earn now+0.0005% /8hpaid last 24h 0.000% · next 10:00 UTC
Price spread now−0.307%7d average −0.410% · you buy dearer than you sell
Net 7d · $10k—Paid 7d $016h − costs $87 · under 7 days of funding history
Net, price · $10k−$77spread back to 7d avg − costs · as in Price arb
Costs, in and out · $10k−$870.873% of a $10k position
Funding, last
16 hours, all we have0.000%$0 on $10kPrice spread, last 18 hours of 7D (all we have)−0.175%−$18 · now −0.307%, avg −0.410%
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
Bitget price against QFEXnow
RANGE STATS · 7D
Now−0.307%
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 | +2.514% | $97K | $180K | 5x | No | 52.395 · +2.514% · OI $97K · 5x · KYC No | longshort |
| tradeXYZxyz:OURA | −0.0017% · 1h | 1h | 51.137 | +0.053% | $219K | $1.0M | 5x | No | 51.137 · +0.053% · OI $219K · 5x · KYC No | longshort |
| QFEXOURA-USD | −0.0005% · 1h | 1h | 51.110 | long leg | $1.1M | $556K | 10x | No | 51.110 · long leg · OI $1.1M · 10x · KYC No | LONG |
| OKXOURA-USDT-SWAP | 0.0000% · 8h | 8h | 50.966 | −0.282% | $122K | $1.3M | 20x | Yes | 50.966 · −0.282% · OI $122K · 20x · KYC Yes | longshort |
| GateOURA_USDT | 0.0000% · 8h | 8h | 52.170 | +2.074% | $468K | $283K | 10x | Yes | 52.170 · +2.074% · OI $468K · 10x · KYC Yes | longshort |
| BitgetOURAUSDT | 0.0000% · 8h | 8h | 50.953 | −0.307% | $1.5M | $11.0M | 20x | Yes | 50.953 · −0.307% · OI $1.5M · 20x · KYC Yes | SHORT |
| SunXOURA-USDT | 0.0000% · 8h | 8h | 50.770 | −0.665% | — | $2.3M | 10x | No | 50.770 · −0.665% · OI — · 10x · KYC No | longshort |
| HTXOURA-USDT | 0.0000% · 8h | 8h | 51.400 | +0.567% | $11K | $393K | 10x | Limited | 51.400 · +0.567% · OI $11K · 10x · KYC Limited | longshort |
| BloFinOURA-USDT | +0.0041% · 8h | 8h | 51.050 | −0.117% | $46K | $25K | 20x | Limited | 51.050 · −0.117% · OI $46K · 20x · KYC Limited | longshort |
| AsterOURAUSD1 | +0.0050% · 8h | 8h | 50.960 | −0.293% | $100K | $73K | 20x | No | 50.960 · −0.293% · OI $100K · 20x · KYC No | longshort |
| BinanceOURAUSDT | +0.0050% · 8h | 8h | 51.106 | −0.007% | $788K | $3.8M | 20x | Yes | 51.106 · −0.007% · OI $788K · 20x · KYC Yes | longshort |
| KuCoinOURAUSDTM | +0.0050% · 8h | 8h | 51.370 | +0.509% | $14K | $3.3M | 20x | Yes | 51.370 · +0.509% · OI $14K · 20x · KYC Yes | longshort |
Before you open
1 ok · 3 to watch- Watch: Thin at this size20.6 / 33.3 bpAt $10k Bitget’s book costs 33.3 bp to enter, 1.6× QFEX’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: +$0.14Long QFEX: 24 payments, +$0.14; short Bitget: 3 payments, $0.00.
- OK: Entry gap works for you−0.307% vs −0.410%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Long leg is thinner$1.1M vs $1.5M OIBoth legs are deep; QFEX is the smaller one.
- 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 earned0.0000%/8h × 21 periods$0.00
Price spread−0.307% → −0.410% (7d avg)+$10.26
Slippage, 4 orderslive order books−$65.34
Fee QFEX bp × 2 orders−$10.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$77.08
Costs to cover0.873%Break-even24185740465111396352.0 days
Slippage: QFEX: live order book, 3 min ago; Bitget: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.9420.6 bp−$21doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget3.4433.3 bp−$33142.8 bp−$1,428doesn’t fitdoesn’t fit
Closing costs about the same again.