Funding you earn now, next payment 03:00 UTC−0.0200%/8h= −21.9% APRnext payment −$0.25 per $10,000 · paid last 24h +0.091%
Price spread now: QFEX against Arcus+0.203%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. QFEX is 0.203% dearer against Arcus than usual: you sell high and buy low (spread +0.203% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BOT-USD | 29.490 | 0.0040 | pay 0.0005% / 1h | 29m 39s | $3K | $9K | 5x |
| Short | QFEX BOT-USD | 29.550 | −0.0160 | pay 0.0020% / 1h | 29m 39s | $1.2M | $534K | 10x |
Arcus BOT-USD
QFEX BOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Arcus. 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
- −$42.06
- Price spread: +0.203% → 0.000%
- $20.35
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$36.21
- Costs to cover
- 0.145%
- Break-even
- from the start
Slippage unknown: Arcus: no order-book sample; QFEX: live order book, 1 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 Arcus no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 1 min ago | 77.91 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BOTUSDTM | −0.1533% | 8h | 29.530 | +0.136% | $96K | $286K | 20x | as long as short |
| Binance BOTUSDT | −0.1184% | 8h | 29.558 | +0.232% | $456K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.1167% | 8h | 29.519 | +0.098% | $31K | $21K | — | as long as short |
| OKX BOT-USDT-SWAP | −0.0855% | 8h | 29.590 | +0.339% | $236K | $228K | 20x | as long as short |
| QFEX BOT-USDshort | −0.0160% | 1h | 29.550 | +0.203% | $1.2M | $534K | 10x | |
| Bybit BOTUSDT | 0.0000% | 8h | 29.520 | +0.102% | $513K | $537K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.580 | +0.305% | $256K | $240K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.580 | +0.305% | $248K | $128K | 5x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.682 | +0.651% | $68K | $1K | 3x | as long as short |
| Arcus BOT-USDlong | +0.0040% | 1h | 29.490 | long leg | $3K | $9K | 5x |
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 | 29.549 | +0.200% | $3K | $33K | 10x | as long as short |
| tradeXYZ xyz:BOT | +0.0164% | 1h | 29.510 | +0.068% | $3.1M | $812K | 10x | as long as short |
HTX BOT-USDT
tradeXYZ xyz:BOT