Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 16.850 | 0 | 0.0000% / 1h | 46m 18s | $366K | $70K | 30x | Long QFEX | |
| SHORT | 16.933 | 0 | 0.0000% / 8h | 1h 46m | $2.1M | $357K | 20x | Short Bitget |
Price gap+0.493%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$261 on $10k if the gap goes back to its 7d average.
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+$261spread +0.493% now, avg −2.113% → +2.606% if it goes back
Costs−$5735.733% 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
Bitget price against QFEXnow
RANGE STATS · 7D
Now+0.493%
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
1 ok · 4 to watch- Watch: Thin at this size260.1 / 21.6 bpAt $10k entering QFEX costs 260.1 bp, fee and slippage, 12.1× Bitget’s.
- Note: Margin at max leverage$333 + $500QFEX 30x, 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: $0.00Long QFEX: 24 payments, $0.00; short Bitget: 3 payments, $0.00.
- OK: Entry gap works for you+0.493% vs −2.113%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$366K vs $2.1M OIQFEX sets your exit cost. Check its book before closing.
- 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−0.0043%/8h × 21 periods−$8.97
Price spread+0.493% → −2.113% (7d avg)+$260.60
Slippage, 4 orderslive order books−$551.34
Fee QFEX bp × 2 orders−$10.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$321.71
Costs to cover5.733%Break-evennever at this rate
Slippage: QFEX: live order book, 43 min ago; Bitget: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX153.03260.1 bp−$260doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget10.9221.6 bp−$2241.2 bp−$412127.7 bp−$12.8Kdoesn’t fit
Closing costs about the same again.