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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BOT | 29.263 | −0.1126 | get 0.0141% / 1h | 7m 19s | $3.1M | $782K | 10x |
| Short | QFEX BOT-USD | 29.320 | −0.0071 | pay 0.0009% / 1h | 7m 19s | $1.1M | $476K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 11 min ago | 1.37 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 202.97 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX BOT-USDT-SWAP | −0.1214% | 8h | 29.320 | +0.195% | $234K | $211K | 20x | as long as short |
| tradeXYZ xyz:BOTlong | −0.1126% | 1h | 29.263 | long leg | $3.1M | $782K | 10x | |
| KuCoin BOTUSDTM | −0.0670% | 8h | 29.310 | +0.161% | $95K | $335K | 20x | as long as short |
| Binance BOTUSDT | −0.0543% | 8h | 29.325 | +0.211% | $453K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.0464% | 8h | 29.315 | +0.177% | $31K | $14K | — | as long as short |
| QFEX BOT-USDshort | −0.0071% | 1h | 29.320 | +0.195% | $1.1M | $476K | 10x | |
| Bybit BOTUSDT | 0.0000% | 8h | 29.300 | +0.126% | $519K | $564K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.310 | +0.161% | $254K | $234K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.400 | +0.468% | $246K | $126K | 5x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.495 | +0.793% | $68K | $1K | 3x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | +0.0040% | 1h | 29.260 | −0.010% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.368 | +0.359% | $3K | $34K | 10x | as long as short |
tradeXYZ xyz:BOT
OKX BOT-USDT-SWAP
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
Bybit BOTUSDT
Gate BOT_USDT
Bitget BOTUSDT
Lighter BOT
HTX BOT-USDT