Funding you earn now, next payment 01:00 UTC+0.1283%/8h= +140.4% APRnext payment +$1.60 per $10,000 · paid last 24h +0.249%
Price spread now: tradeXYZ against QFEX−0.284%49s7-day average +0.047% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.094%+$9 on $10k
+Price spread, last 7 days+0.381%+$38 · spread now −0.284%, 7d avg +0.047%
=Together, before fees+0.475%+ Points / potential airdroptradeXYZ: Active · farm board+$48 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.331% cheaper against QFEX than usual: you would sell low and buy high (spread −0.284% now, against its 7-day average of +0.047%). If the spread goes back, that is −$33 on $10k: about 21 hours of funding at the current rate (+$38 a day). At the pace of the last 3 days (+0.094% in total) that is about 12 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.094% in total (about 9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BOT-USD | 29.600 | −0.0049 | get 0.0006% / 1h | 59m 42s | $1.1M | $524K | 10x |
| Short | tradeXYZ xyz:BOT | 29.516 | 0.1234 | get 0.0154% / 1h | 59m 42s | $3.1M | $829K | 10x |
QFEX BOT-USD
tradeXYZ xyz:BOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $269.34
- Price spread: −0.284% → +0.047%
- −$33.07
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $208.27
- Costs to cover
- 0.280%
- Break-even
- 1.6 days
Slippage unknown: QFEX: live order book, 6 min ago; tradeXYZ: live order book, 8 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, 6 min ago | 52.20 bp | 71.4 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 2.87 bp | 50.0 bp −$50 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | −0.9989% | 1h | 29.560 | −0.135% | $3K | $9K | 5x | as long as short |
| KuCoin BOTUSDTM | −0.1842% | 8h | 29.590 | −0.034% | $97K | $317K | 20x | as long as short |
| Binance BOTUSDT | −0.1329% | 8h | 29.552 | −0.161% | $452K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.1291% | 8h | 29.605 | +0.016% | $31K | $21K | — | as long as short |
| OKX BOT-USDT-SWAP | −0.1253% | 8h | 29.570 | −0.101% | $236K | $233K | 20x | as long as short |
| QFEX BOT-USDlong | −0.0049% | 1h | 29.600 | long leg | $1.1M | $524K | 10x | |
| Bybit BOTUSDT | 0.0000% | 8h | 29.530 | −0.236% | $471K | $425K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.630 | +0.101% | $257K | $238K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.600 | 0.000% | $250K | $132K | 5x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.780 | +0.608% | $68K | $2K | 3x | as long as short |
Arcus BOT-USD
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
OKX BOT-USDT-SWAP
Bybit BOTUSDT
Gate BOT_USDT
Bitget BOTUSDT
Lighter BOTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BOT-USDT | +0.0100% | 8h | 29.595 | −0.017% | $3K | $34K | 10x | as long as short |
| tradeXYZ xyz:BOTshort | +0.1234% | 1h | 29.516 | −0.284% | $3.1M | $829K | 10x |
HTX BOT-USDT