Settings8H · net · $10k
Funding arb · Price arb /

UNH

RWAall UNH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Bitget−0.389%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$336as in the Price arb table
costs, in and out, $10k−$3083.083% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.288%+$29 · spread now −0.389%, 7d avg −0.109%
Together, before fees+0.288%+$29 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.280% cheaper against Bitget than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.109%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget UNHUSDT377.420get 0.0000% / 8h7h 32m$285K$101K20x
ShortQFEX UNH-USD375.950get 0.0000% / 1h32m 39s$1.1M$2.2M10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.389% → −0.109%
−$28.04
Slippage, 4 orders
−$286.29
Fee Bitget: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$336.33
Costs to cover
3.083%
Break-even
never at this rate
Slippage from Bitget: live order book, 57 min ago; QFEX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 57 min ago13.10 bp19.8 bp −$2041.0 bp −$410doesn't fitdoesn't fit
Sell QFEX live order book, 5 min ago77.16 bp133.1 bp −$133doesn't fitdoesn't fitdoesn't fit

UNH on 6 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit UNHUSDT0.0000%8h378.40+0.260%$179K$35K25xas long as short
OKX UNH-USDT-SWAP0.0000%8h378.21+0.209%$132K$89K20xas long as short
QFEX UNH-USDshort0.0000%1h375.95−0.389%$1.1M$2.2M10x
Gate UNH_USDT0.0000%8h378.07+0.172%$92K$11K25xas long as short
Bitget UNHUSDTlong0.0000%8h377.42long leg$285K$101K20x
HTX UNH-USDT0.0000%8h376.87−0.146%$5K$388K10xas long as short