Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 16.920 | 0 | 0.0000% / 8h | 1h 02m | $719K | $340K | 20x | Long Gate | |
| SHORT | 16.890 | 0 | 0.0000% / 1h | 2m 25s | $367K | $70K | 30x | Short QFEX |
Price gap−0.177%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 2.219% under its 7d average: the price leg works against you, −$222 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 4 days (all we have)
Price−$222spread −0.177% now, avg +2.042% → −2.219% if it goes back
Costs−$1921.917% 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 Gatenow
RANGE STATS · 7D
Now−0.177%
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 size36.3 / 25.6 bpAt $10k entering Gate costs 36.3 bp, fee and slippage, 1.4× QFEX’s.
- Note: Margin at max leverage$500 + $333Gate 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 Gate: 3 payments, $0.00; short QFEX: 24 payments, $0.00.
- Watch: Gap narrower than usual−0.177% vs +2.042%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$367K vs $719K OIQFEX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · QFEX NoKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods+$0.01
Price spread−0.177% → +2.042% (7d avg)−$221.95
Slippage, 4 orderslive order books−$166.72
Fee Gate bp × 2 orders−$15.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k−$413.65
Costs to cover1.917%Break-even278938.4 days
Slippage: Gate: live order book, 54 min ago; QFEX: live order book, 22 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate5.8836.3 bp−$36doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTQFEX2.9525.6 bp−$26doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.