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

BOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h −0.043%
Price spread now: QFEX against Gate−0.034%7-day average −0.143% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.049%−$5 on $10k
Price spread, last 4 days (all we have)−0.180%−$18 · spread now −0.034%, 7d avg −0.143%
Together, before fees−0.229%−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.109% dearer against Gate than usual: you sell high and buy low (spread −0.034% now, against its 7-day average of −0.143%): +$11 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 30 days. At the pace of the last 3 days (−0.049% in total) that is about 7.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BOT_USDT29.4600get 0.0000% / 8h1h 58m$251K$243K20x
ShortQFEX BOT-USD29.450−0.0012pay 0.0002% / 1h58m 57s$1.2M$509K10x

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
−$2.52
Price spread: −0.034% → −0.143%
$10.88
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$16.64
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 18 min ago; QFEX: live order book, 2 min ago. Net counts fees only.

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, 18 min ago45.77 bp146.5 bp −$146doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 2 min ago203.74 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

BOT on 12 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
Arcus BOT-USD−0.0974%1h29.410−0.170%$745$5K5xas long as short
tradeXYZ xyz:BOT−0.0491%1h29.427−0.112%$3.1M$830K10xas long as short
QFEX BOT-USDshort−0.0012%1h29.450−0.034%$1.2M$509K10x
Binance BOTUSDT0.0000%8h29.450−0.034%$456K$1.2M10xas long as short
Bybit BOTUSDT0.0000%8h29.4600.000%$512K$314K25xas long as short
OKX BOT-USDT-SWAP0.0000%8h29.470+0.034%$238K$222K20xas long as short
Gate BOT_USDTlong0.0000%8h29.460long leg$251K$243K20x
Bitget BOTUSDT0.0000%8h29.540+0.272%$252K$149K5xas long as short
Variational Omni BOT0.0000%8h29.444−0.054%$31K$19Kas long as short
Lighter BOT+0.0032%1h29.508+0.163%$68K$14K3xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BOTUSDTM+0.0100%8h29.4600.000%$96K$337K20xas long as short
HTX BOT-USDT+0.0100%8h29.488+0.095%$3K$34K10xas long as short