Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 11.360 | −0.0004 | get 0.0001% / 1h | 4m 02s | $733K | $244K | 10x | Long QFEX37% off | |
| SHORT | 11.329 | 0 | 0.0000% / 8h | 2h 04m | $163K | $445K | 20x | Short Bitget |
Price gap−0.273%53s
Funding gap+0.0004% /8h
Funding is ≈ 0 and the gap is 0.529% under its 7d average: the price leg works against you, −$53 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$89+0.0004% /8h now · paid +0.889% over the last 7D
Price—spread −0.273%53s now · prices read too far apart to compare
Costs−$3233.230% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
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−0.273%
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
/8hPL on 3 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size80.6 / 104.1 bpAt $10k entering Bitget costs 104.1 bp, fee and slippage, 1.3× 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: +$0.12Long QFEX: 24 payments, +$0.12; short Bitget: 3 payments, $0.00.
- Watch: Prices read 53 s apart−0.273% vs +0.256%Part of this gap may be the market moving.
- Watch: Short leg is thinner$163K vs $733K 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+0.0424%/8h × 21 periods+$88.94
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$290.98
Fee QFEX bp × 2 orders−$20.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$234.03
price spread not counted: prices read too far apartCosts to cover3.230%Break-even25.4 days
Slippage: QFEX: live order book, 44 min ago; Bitget: live order book, 49 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX70.6180.6 bp−$8180.6 bp−$806doesn’t fitdoesn’t fit
SELL · SHORTBitget12.31104.1 bp−$104119.0 bp−$1,190doesn’t fitdoesn’t fit
Closing costs about the same again.