Funding you earn now, next payment 08:00 UTC−0.0235%/8h= −25.7% APRpaid last 24h +0.042%
Price spread now: Bitget against QFEX−0.022%7-day average +0.504% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 17 hours (all we have)+0.042%+$4 on $10k
+Price spread, last 18 hours (all we have)+0.194%+$19 · spread now −0.022%, 7d avg +0.504%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.526% cheaper against QFEX than usual: you would sell low and buy high (−$53 if the spread goes back to its 7-day average of +0.504%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SECZ-USD | 13.880 | 0 | get 0.0000% / 1h | 23m 13s | $170K | $72K | 10x |
| Short | Bitget SECZUSDT | 13.877 | −0.0235 | pay 0.0235% / 8h | 23m 13s | $26K | $319K | 20x |
QFEX SECZ-USD
Bitget SECZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against QFEX. 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
- −$49.35
- Price spread: −0.022% → +0.504%
- −$52.56
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$123.91
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 57 min ago; Bitget: live order book, 43 min ago. Net counts fees only.
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 QFEX live order book, 57 min ago | 10.83 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 43 min ago | 27.00 bp | 55.4 bp −$55 | 58.0 bp −$580 | 164.1 bp −$16.4K | doesn't fit |
SECZ on 3 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SECZUSDTshort | −0.0235% | 8h | 13.877 | −0.022% | $26K | $319K | 20x | |
| Bybit SECZUSDT | 0.0000% | 8h | 13.814 | −0.476% | $38K | $541K | 25x | as long as short |
| QFEX SECZ-USDlong | 0.0000% | 1h | 13.880 | long leg | $170K | $72K | 10x |
Bybit SECZUSDT