Settings8H · net · $10k
Funding arb · Price arb /

BOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1055%/8h= +115.5% APRnext payment +$1.32 per $10,000 · paid last 24h −0.121%
Price spread now: QFEX against tradeXYZ+0.195%7-day average −0.035% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.111%−$11 on $10k
Price spread, last 7 days−0.127%−$13 · spread now +0.195%, 7d avg −0.035%
Together, before fees−0.238%+ Points / potential airdroptradeXYZ: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and QFEX is 0.230% dearer against tradeXYZ than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.035%. Mind the row above: over the last 4 days funding on this pair cost −0.111%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.111% in total (about -11.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BOT29.263−0.1126get 0.0141% / 1h7m 19s$3.1M$782K10x
ShortQFEX BOT-USD29.320−0.0071pay 0.0009% / 1h7m 19s$1.1M$476K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against tradeXYZ. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$221.55
Price spread: +0.195% → −0.035%
$22.97
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee QFEX: 5 bp × 2 orders
−$10
Net
$216.52
Costs to cover
0.280%
Break-even
0.2 days
Slippage unknown: tradeXYZ: live order book, 11 min ago; QFEX: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 11 min ago1.37 bp10.4 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago202.97 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

BOT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BOT-USDT-SWAP−0.1214%8h29.320+0.195%$234K$211K20xas long as short
tradeXYZ xyz:BOTlong−0.1126%1h29.263long leg$3.1M$782K10x
KuCoin BOTUSDTM−0.0670%8h29.310+0.161%$95K$335K20xas long as short
Binance BOTUSDT−0.0543%8h29.325+0.211%$453K$1.2M10xas long as short
Variational Omni BOT−0.0464%8h29.315+0.177%$31K$14Kas long as short
QFEX BOT-USDshort−0.0071%1h29.320+0.195%$1.1M$476K10x
Bybit BOTUSDT0.0000%8h29.300+0.126%$519K$564K25xas long as short
Gate BOT_USDT0.0000%8h29.310+0.161%$254K$234K20xas long as short
Bitget BOTUSDT0.0000%8h29.400+0.468%$246K$126K5xas long as short
Lighter BOT+0.0032%1h29.495+0.793%$68K$1K3xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BOT-USD+0.0040%1h29.260−0.010%$3K$9K5xas long as short
HTX BOT-USDT+0.0100%8h29.368+0.359%$3K$34K10xas long as short