Funding you earn now, next payment 07:00 UTC−0.0600%/8h= −65.7% APRpaid last 24h −0.172%
Price spread now: KuCoin against QFEX−0.034%7-day average +0.015% · 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)−0.115%−$11 on $10k
+Price spread, last 4 days (all we have)+0.035%+$4 · spread now −0.034%, 7d avg +0.015%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and KuCoin is 0.050% cheaper against QFEX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.115% in total (about -11.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BOT-USD | 29.180 | −0.0080 | get 0.0010% / 1h | 40m 31s | $1.2M | $482K | 10x |
| Short | KuCoin BOTUSDTM | 29.170 | −0.0680 | pay 0.0680% / 8h | 1h 40m | $93K | $358K | 20x |
QFEX BOT-USD
KuCoin BOTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against QFEX. 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
- −$126
- Price spread: −0.034% → +0.015%
- −$4.96
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$152.96
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 5 min ago; KuCoin: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 5 min ago | 29.10 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 20.57 bp | 266.4 bp −$266 | 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 | −0.1534% | 1h | 29.153 | −0.093% | $3.1M | $790K | 10x | as long as short |
| OKX BOT-USDT-SWAP | −0.1435% | 8h | 29.180 | 0.000% | $232K | $224K | 20x | as long as short |
| KuCoin BOTUSDTMshort | −0.0680% | 8h | 29.170 | −0.034% | $93K | $358K | 20x | |
| Binance BOTUSDT | −0.0560% | 8h | 29.182 | +0.006% | $455K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.0455% | 8h | 29.180 | 0.000% | $31K | $14K | — | as long as short |
| QFEX BOT-USDlong | −0.0080% | 1h | 29.180 | long leg | $1.2M | $482K | 10x | |
| Bitget BOTUSDT | −0.0044% | 8h | 29.240 | +0.206% | $244K | $129K | 5x | as long as short |
| Bybit BOTUSDT | 0.0000% | 8h | 29.150 | −0.103% | $517K | $577K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.170 | −0.034% | $250K | $232K | 20x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.337 | +0.538% | $67K | $1K | 3x | as long as short |
tradeXYZ xyz:BOT
OKX BOT-USDT-SWAP
Binance BOTUSDT
Variational Omni BOT
Bitget BOTUSDT
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 | 29.140 | −0.137% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.202 | +0.075% | $3K | $34K | 10x | as long as short |
Arcus BOT-USD
HTX BOT-USDT