Funding you earn now, next payment 05:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.040%
Price spread now: QFEX against Bitget−0.204%56s7-day average −0.345% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.079%−$8 on $10k
+Price spread, last 4 days (all we have)−0.259%−$26 · spread now −0.204%, 7d avg −0.345%
=The price spread pays, funding is against you. QFEX is 0.141% dearer against Bitget than usual: you sell high and buy low (spread −0.204% now, against its 7-day average of −0.345%): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.9 days. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BOTUSDT | 29.420 | 0 | get 0.0000% / 8h | 3h 26m | $246K | $120K | 5x |
| Short | QFEX BOT-USD | 29.360 | −0.0080 | pay 0.0010% / 1h | 26m 46s | $1.2M | $515K | 10x |
Bitget BOTUSDT
QFEX BOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bitget. 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
- −$16.8
- Price spread: −0.204% → −0.345%
- $14.14
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$24.66
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 18 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 Bitget live order book, 18 min ago | 18.68 bp | 56.1 bp −$56 | 67.8 bp −$678 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 54.50 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BOT | −0.1644% | 1h | 29.363 | −0.194% | $3.1M | $771K | 10x | as long as short |
| KuCoin BOTUSDTM | −0.1034% | 8h | 29.350 | −0.238% | $95K | $291K | 20x | as long as short |
| OKX BOT-USDT-SWAP | −0.0997% | 8h | 29.360 | −0.204% | $234K | $213K | 20x | as long as short |
| Binance BOTUSDT | −0.0766% | 8h | 29.370 | −0.170% | $450K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.0690% | 8h | 29.370 | −0.170% | $31K | $14K | — | as long as short |
| QFEX BOT-USDshort | −0.0080% | 1h | 29.360 | −0.204% | $1.2M | $515K | 10x | |
| Bybit BOTUSDT | 0.0000% | 8h | 29.350 | −0.238% | $508K | $555K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.450 | +0.102% | $255K | $234K | 20x | as long as short |
| Bitget BOTUSDTlong | 0.0000% | 8h | 29.420 | long leg | $246K | $120K | 5x | |
| Lighter BOT | +0.0032% | 1h | 29.512 | +0.313% | $68K | $1K | 3x | as long as short |
tradeXYZ xyz:BOT
KuCoin BOTUSDTM
OKX BOT-USDT-SWAP
Binance BOTUSDT
Variational Omni BOT
Bybit BOTUSDT
Gate BOT_USDT
Lighter BOTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | +0.0040% | 1h | 29.320 | −0.340% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.398 | −0.075% | $3K | $34K | 10x | as long as short |
Arcus BOT-USD
HTX BOT-USDT