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

COST

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.008%
Price spread now: QFEX against Gate−0.018%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$836as in the Price arb table
costs, in and out, $10k−$8378.372% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.012%+$1 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.018%, 7d avg −0.030%
Together, before fees−0.035%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate COST_USDT899.430get 0.0000% / 8h4h 35m$521K$7K25x
ShortQFEX COST-USD899.270.0004get 0.0001% / 1h35m 34s$1.1M$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Gate. 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
$0.86
Price spread: −0.018% → −0.030%
$1.21
Slippage, 4 orders
−$812.15
Fee Gate: 7.5 bp × 2 orders
−$15
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$835.08
Costs to cover
8.372%
Break-even
6829.6 days
Slippage from Gate: live order book, 20 min ago; QFEX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 20 min ago6.39 bp195.0 bp −$195doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 2 min ago252.07 bp258.5 bp −$258263.4 bp −$2,634doesn't fitdoesn't fit

COST on 15 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
Aster COSTUSDT0.0000%8h899.09−0.037%$45K$17820xas long as short
Bybit COSTUSDT0.0000%8h899.51+0.009%$491K$219K25xas long as short
Gate COST_USDTlong0.0000%8h899.43long leg$521K$7K25x
Bitget COSTUSDT0.0000%8h899.10−0.037%$403K$77K25xas long as short
Variational Omni COST0.0000%8h899.13−0.034%$41K$17Kas long as short
SunX COST-USDT0.0000%8h898.60−0.092%$1K$2.9M10xas long as short
HTX COST-USDT0.0000%8h901.43+0.222%$10K$42K10xas long as short
OKX COST-USDT-SWAP+0.0001%8h898.81−0.069%$447K$109K10xas long as short
QFEX COST-USDshort+0.0004%1h899.27−0.018%$1.1M$2.7M10x
Binance COSTUSDT+0.0013%8h899.39−0.004%$1.1M$930K20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective COST/USDC PERP+0.0033%1h891.98−0.828%$2K$28K12xas long as short
Extended COST-USD+0.0040%1h898.25−0.131%10xas long as short
Vest COST-USD-PERP+0.0046%1h898.75−0.076%25xas long as short
tradeXYZ xyz:COST+0.0050%1h898.99−0.049%$1.8M$518K20xas long as short
KuCoin COSTUSDTM+0.0100%8h898.70−0.081%$48K$880K20xas long as short