Funding you earn now, next payment 20:00 UTC−0.0055%/8hpaid last 24h +0.079%
Price spread now: Gate against QFEX−0.055%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$410.410% of the position
Funding, last 3 days (all we have)+0.033%+$3 on $10k
+Price spread, last 7 days+0.043%+$4 · spread now −0.055%, 7d avg +0.066%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.121% cheaper against QFEX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.066%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX COIN-USD | 201.10 | 0.0055 | pay 0.0007% / 1h | 4m 24s | $1.4M | $3.7M | 10x |
| Short | Gate COIN_USDT | 200.99 | 0 | get 0.0000% / 8h | 4h 04m | $1.3M | $6.8M | 50x |
QFEX COIN-USD
Gate COIN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$11.56
- Price spread: −0.055% → +0.066%
- −$12.06
- Slippage, 4 orders
- −$16.04
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$64.66
- Costs to cover
- 0.410%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; Gate: live order book, 3 min ago.
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, 3 min ago | 1.49 bp | 7.2 bp −$7 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.48 bp | 13.9 bp −$14 | 53.5 bp −$535 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 200.99 | −0.055% | $40K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.05 | −0.023% | $371K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.05 | −0.026% | $100K | $424K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.07 | −0.014% | $15.5M | $76.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.10 | 0.000% | $5.0M | $5.8M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.00 | −0.050% | $3.3M | $4.6M | 20x | as long as short |
| Gate COIN_USDTshort | 0.0000% | 8h | 200.99 | −0.055% | $1.3M | $6.8M | 50x | |
| Variational Omni COIN | 0.0000% | 8h | 201.02 | −0.038% | $777K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.18 | +0.038% | $17K | $1.8M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 200.86 | −0.119% | $445K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter RH COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus COIN-USD | +0.0040% | 1h | 201.09 | −0.005% | $19K | $43K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 200.86 | −0.119% | — | $506K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.01 | −0.045% | $133K | $1.1M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.10 | 0.000% | $96 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 200.77 | −0.164% | $368K | $3.2M | 10x | as long as short |
| QFEX COIN-USDlong | +0.0055% | 1h | 201.10 | long leg | $1.4M | $3.7M | 10x | |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.09 | −0.005% | $1.0M | $146K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 200.97 | −0.065% | $90K | $630K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.05 | −0.025% | $581 | $5K | 10x | as long as short |
| Lighter COIN | +0.0104% | 1h | 200.90 | −0.099% | $378K | $2.2M | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.14 | +0.021% | $119 | — | 10x | as long as short |
| Bitget COINUSDT | +0.0114% | 8h | 201.07 | −0.015% | $6.7M | $9.7M | 20x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.22 | +0.060% | $202K | $334K | 20x | as long as short |
| tradeXYZ xyz:COIN | +0.0156% | 1h | 201.00 | −0.050% | $16.4M | $13.5M | 10x | as long as short |
| Phoenix COIN | +0.0198% | 1h | 200.96 | −0.070% | $3K | $255K | 10x | as long as short |
| edgeX COINUSDC | +0.0780% | 4h | 201.42 | +0.159% | $52K | $292K | 10x | as long as short |
Arcus COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Lighter COIN
Aevo COIN-PERP
Bitget COINUSDT
BloFin COIN-USDT
tradeXYZ xyz:COIN
Phoenix COIN
edgeX COINUSDC