Funding you earn now, next payment 10:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h 0.000%
Price spread now: QFEX against Bitget−0.059%7-day average +0.152% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$404as in the Price arb table
costs, in and out, $10k−$3833.833% of the position
Funding, last 4 days (all we have)+0.001%$0 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now −0.059%, 7d avg +0.152%
=Funding pays, the price is against you. QFEX is 0.210% cheaper against Bitget than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of +0.152%). If the spread goes back, that is −$21 on $10k: about 33 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.001% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PURRUSDT | 13.668 | 0 | get 0.0000% / 8h | 6h 17m | $417K | $1.9M | 20x |
| Short | QFEX PURR-USD | 13.660 | 0.0021 | get 0.0003% / 1h | 17m 56s | $1.3M | $1.7M | 10x |
Bitget PURRUSDT
QFEX PURR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bitget. 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
- $4.5
- Price spread: −0.059% → +0.152%
- −$21.03
- Slippage, 4 orders
- −$361.29
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$399.82
- Costs to cover
- 3.833%
- Break-even
- 628.6 days
Slippage from Bitget: live order book, 2 min ago; QFEX: live order book, 2 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 Bitget live order book, 2 min ago | 23.50 bp | 148.3 bp −$148 | 169.8 bp −$1,698 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 44.05 bp | 49.1 bp −$49 | 53.6 bp −$536 | doesn't fit | doesn't fit |
PURR on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Extended PURR-USD | −0.0872% | 1h | 13.549 | −0.872% | $203K | $163K | 10x | as long as short |
| Ondo Perps PURR-USD.P | −0.0694% | 1h | 13.569 | −0.724% | $8K | $63K | 5x | as long as short |
| Bybit PURRUSDT | 0.0000% | 8h | 13.583 | −0.622% | $594K | $865K | 25x | as long as short |
| OKX PURR-USDT-SWAP | 0.0000% | 8h | 13.600 | −0.498% | $606K | $1.3M | 20x | as long as short |
| Gate PURR_USDT | 0.0000% | 8h | 13.633 | −0.256% | $52K | $6K | 20x | as long as short |
| Bitget PURRUSDTlong | 0.0000% | 8h | 13.668 | long leg | $417K | $1.9M | 20x | |
| HTX PURR-USDT | 0.0000% | 1h | 13.679 | +0.080% | $6K | $343K | 20x | as long as short |
| QFEX PURR-USDshort | +0.0021% | 1h | 13.660 | −0.059% | $1.3M | $1.7M | 10x |
Extended PURR-USD
Ondo Perps PURR-USD.P
Bybit PURRUSDT
OKX PURR-USDT-SWAP
Gate PURR_USDT
HTX PURR-USDT