Funding you earn now, next payment 03:00 UTC+0.0160%/8h= +17.5% APRpaid last 24h +0.060%
Price spread now: Bitget against QFEX+0.034%46s7-day average +0.349% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)+0.464%+$46 · spread now +0.034%, 7d avg +0.349%
=Funding pays, the price is against you. Bitget is 0.315% cheaper against QFEX than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.349%). If the spread goes back, that is −$31 on $10k: about 6.6 days of funding at the current rate (+$5 a day). At the pace of the last 4 days (+0.077% in total) that is about 15 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BOT-USD | 29.560 | −0.0160 | get 0.0020% / 1h | 4m 55s | $1.1M | $526K | 10x |
| Short | Bitget BOTUSDT | 29.570 | 0 | get 0.0000% / 8h | 5h 04m | $248K | $121K | 5x |
QFEX BOT-USD
Bitget BOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against QFEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $33.6
- Price spread: +0.034% → +0.349%
- −$31.49
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$19.89
- Costs to cover
- 0.220%
- Break-even
- 11.1 days
Slippage unknown: QFEX: live order book, 1 min ago; Bitget: live order book, 50 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 1 min ago | 3.38 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 50 min ago | 16.93 bp | 58.2 bp −$58 | 126.8 bp −$1,268 | doesn't fit | doesn't fit |
BOT on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BOTUSDTM | −0.1371% | 8h | 29.550 | −0.034% | $95K | $285K | 20x | as long as short |
| Binance BOTUSDT | −0.1051% | 8h | 29.510 | −0.169% | $455K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.1033% | 8h | 29.539 | −0.070% | $31K | $21K | — | as long as short |
| OKX BOT-USDT-SWAP | −0.0744% | 8h | 29.580 | +0.068% | $236K | $226K | 20x | as long as short |
| QFEX BOT-USDlong | −0.0160% | 1h | 29.560 | long leg | $1.1M | $526K | 10x | |
| Bybit BOTUSDT | 0.0000% | 8h | 29.500 | −0.203% | $512K | $534K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.550 | −0.034% | $256K | $241K | 20x | as long as short |
| Bitget BOTUSDTshort | 0.0000% | 8h | 29.570 | +0.034% | $248K | $121K | 5x | |
| Lighter BOT | +0.0032% | 1h | 29.688 | +0.433% | $68K | $1K | 3x | as long as short |
| Arcus BOT-USD | +0.0040% | 1h | 29.520 | −0.135% | $3K | $9K | 5x | as long as short |
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
OKX BOT-USDT-SWAP
Bybit BOTUSDT
Gate BOT_USDT
Lighter BOT
Arcus BOT-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BOT-USDT | +0.0100% | 8h | 29.565 | +0.017% | $3K | $34K | 10x | as long as short |
| tradeXYZ xyz:BOT | +0.0385% | 1h | 29.510 | −0.169% | $3.1M | $803K | 10x | as long as short |
HTX BOT-USDT
tradeXYZ xyz:BOT