Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 16.947 | 0 | 0.0000% / 8h | 1h 04m | $2.1M | $356K | 20x | Long Bitget | |
| SHORT | 16.940 | 0 | 0.0000% / 1h | 4m 13s | $368K | $70K | 30x | Short QFEX |
Price gap−0.041%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 2.200% under its 7d average: the price leg works against you, −$220 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$50.0000% /8h now · paid +0.054% over the last 4 days (all we have)
Price−$220spread −0.041% now, avg +2.159% → −2.200% if it goes back
Costs−$1191.191% of $10k · taker + slippage, in and out
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
QFEX price against Bitgetnow
RANGE STATS · 7D
Now−0.041%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hUVXY on 15 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size39.6 / 25.6 bpAt $10k entering Bitget costs 39.6 bp, fee and slippage, 1.5× QFEX’s.
- Note: Margin at max leverage$500 + $333Bitget 20x, QFEX 30x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long Bitget: 3 payments, $0.00; short QFEX: 24 payments, $0.00.
- Watch: Gap narrower than usual−0.041% vs +2.159%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$368K vs $2.1M OIQFEX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · QFEX NoKYC 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+0.0042%/8h × 21 periods+$8.91
Price spread−0.041% → +2.159% (7d avg)−$220.04
Slippage, 4 orderslive order books−$97.06
Fee Bitget bp × 2 orders−$12.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k−$330.19
Costs to cover1.191%Break-even266.4 days
Slippage: Bitget: live order book, 3 min ago; QFEX: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget15.3439.6 bp−$4064.0 bp−$640130.3 bp−$13.0Kdoesn’t fit
SELL · SHORTQFEX2.9525.6 bp−$26doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.