Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 78.100 | 0 | 0.0000% / 1h | 41m 53s | $1.6M | $12.7M | 10x | Long QFEX | |
| SHORT | 78.360 | +0.0269 | get 0.0269% / 8h | 41m 53s | $1.1M | $190K | 20x | Short Bitget |
Price gap+0.333%
Funding gap+0.0269% /8h
Both sides work: funding pays +$8 a day on $10k, and the gap is 0.191% above its 7d average: +$19 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0+0.0269% /8h now · paid +0.002% over the last 5 days (all we have)
Price+$19spread +0.333% now, avg +0.142% → +0.191% if it goes back
Costs−$540.536% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 5 days it paid +0.002% in total, about +0.0001%/8h on average.
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+0.333%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hTLT on 9 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size5.6 / 28.3 bpAt $10k entering Bitget costs 28.3 bp, fee and slippage, 5.0× 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: +$8.07Long QFEX: 24 payments, $0.00; short Bitget: 3 payments, +$8.07.
- OK: Entry gap works for you+0.333% vs +0.142%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Short leg is thinner$1.1M vs $1.6M OIBoth legs are deep; Bitget 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 earned+0.0001%/8h × 21 periods+$0.29
Price spread+0.333% → +0.142% (7d avg)+$19.12
Slippage, 4 orderslive order books−$31.56
Fee QFEX bp × 2 orders−$10.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$34.15
Costs to cover0.536%Break-even817.9 days
Slippage: QFEX: live order book, 7 min ago; Bitget: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX0.645.6 bp−$65.6 bp−$5611.1 bp−$1,111doesn’t fit
SELL · SHORTBitget0.6428.3 bp−$2843.4 bp−$434doesn’t fitdoesn’t fit
Closing costs about the same again.
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