Funding you earn now, next payment 02:00 UTC−0.0878%/8h= −96.2% APRpaid last 24h −0.137%
Price spread now: OKX against QFEX−0.034%7-day average +0.016% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.186%−$19 on $10k
+Price spread, last 4 days (all we have)−0.148%−$15 · spread now −0.034%, 7d avg +0.016%
=Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and OKX 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 +0.016%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.186% in total (about -19.5% 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 | 29.460 | −0.0320 | get 0.0040% / 1h | 39m 26s | $1.1M | $523K | 10x |
| Short | OKX BOT-USDT-SWAP | 29.450 | −0.1198 | pay 0.1198% / 8h | 6h 39m | $235K | $232K | 20x |
QFEX BOT-USD
OKX BOT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$184.44
- Price spread: −0.034% → +0.016%
- −$4.97
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$209.41
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 2 min ago; OKX: live order book, 26 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, 2 min ago | 5.09 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 26 min ago | 5.05 bp | 81.1 bp −$81 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BOTUSDTM | −0.1935% | 8h | 29.460 | 0.000% | $96K | $306K | 20x | as long as short |
| Binance BOTUSDT | −0.1460% | 8h | 29.438 | −0.074% | $454K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.1371% | 8h | 29.470 | +0.035% | $31K | $21K | — | as long as short |
| OKX BOT-USDT-SWAPshort | −0.1198% | 8h | 29.450 | −0.034% | $235K | $232K | 20x | |
| QFEX BOT-USDlong | −0.0320% | 1h | 29.460 | long leg | $1.1M | $523K | 10x | |
| Bybit BOTUSDT | 0.0000% | 8h | 29.400 | −0.204% | $467K | $455K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.520 | +0.204% | $256K | $242K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.480 | +0.068% | $248K | $134K | 5x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.665 | +0.696% | $68K | $2K | 3x | as long as short |
| Arcus BOT-USD | +0.0040% | 1h | 29.430 | −0.102% | $3K | $9K | 5x | as long as short |
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
Bybit BOTUSDT
Gate BOT_USDT
Bitget BOTUSDT
Lighter BOT
Arcus BOT-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BOT | +0.0050% | 1h | 29.436 | −0.081% | $3.1M | $826K | 10x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.553 | +0.316% | $3K | $34K | 10x | as long as short |
tradeXYZ xyz:BOT
HTX BOT-USDT