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

COST

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h −0.008%
Price spread now: Bitget against QFEX+0.051%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$537as in the Price arb table
costs, in and out, $10k−$5395.385% 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)−0.037%−$4 · spread now +0.051%, 7d avg +0.033%
Together, before fees−0.048%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX COST-USD900.700.0009pay 0.0001% / 1h16m 15s$1.1M$2.5M10x
ShortBitget COSTUSDT901.160get 0.0000% / 8h3h 16m$403K$78K25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$1.98
Price spread: +0.051% → +0.033%
$1.76
Slippage, 4 orders
−$516.51
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$538.73
Costs to cover
5.385%
Break-even
never at this rate
Slippage from QFEX: live order book, 6 min ago; Bitget: live order book, 29 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 QFEX live order book, 6 min ago252.06 bp257.6 bp −$258263.0 bp −$2,630doesn't fitdoesn't fit
Sell Bitget live order book, 29 min ago3.95 bp10.1 bp −$1032.4 bp −$324doesn'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%8h901.05+0.039%$45K$17820xas long as short
Binance COSTUSDT0.0000%8h901.03+0.036%$1.1M$952K20xas long as short
Bybit COSTUSDT0.0000%8h901.14+0.049%$491K$220K25xas long as short
Gate COST_USDT0.0000%8h900.97+0.030%$522K$8K25xas long as short
Bitget COSTUSDTshort0.0000%8h901.16+0.051%$403K$78K25x
Variational Omni COST0.0000%8h900.86+0.017%$41K$13Kas long as short
SunX COST-USDT0.0000%8h899.70−0.111%$1K$2.8M10xas long as short
HTX COST-USDT0.0000%8h903.12+0.269%$10K$42K10xas long as short
OKX COST-USDT-SWAP+0.0006%8h901.44+0.082%$441K$116K10xas long as short
QFEX COST-USDlong+0.0009%1h900.70long leg$1.1M$2.5M10x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective COST/USDC PERP+0.0033%1h891.98−0.968%$2K$28K12xas long as short
Extended COST-USD+0.0040%1h898.25−0.272%10xas long as short
Vest COST-USD-PERP+0.0046%1h900.67−0.003%25xas long as short
tradeXYZ xyz:COST+0.0050%1h900.700.000%$1.8M$517K20xas long as short
KuCoin COSTUSDTM+0.0100%8h900.30−0.044%$48K$891K20xas long as short