Funding you earn now, next payment 01:00 UTC−0.1037%/8h= −113.5% APRpaid last 24h −0.389%
Price spread now: QFEX against Bybit+0.256%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. QFEX is 0.256% dearer against Bybit than usual: you sell high and buy low (spread +0.256% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BNCUSDT | 6.6430 | 0.1024 | pay 0.1024% / 8h | 7h 33m | $586K | $2.2M | 25x |
| Short | QFEX BNC-USD | 6.6600 | −0.0013 | pay 0.0002% / 1h | 33m 38s | $54K | $40K | 10x |
Bybit BNCUSDT
QFEX BNC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bybit. 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
- −$217.73
- Price spread: +0.256% → 0.000%
- $25.59
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$213.14
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 3 min ago; QFEX: no order-book sample. 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 Bybit live order book, 3 min ago | 5.25 bp | 96.6 bp −$97 | 214.2 bp −$2,142 | doesn't fit | doesn't fit |
| Sell QFEX no order-book sample | — | — | — | — | — |
QFEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BNC on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BNC-USDshort | −0.0013% | 1h | 6.6600 | +0.256% | $54K | $40K | 10x | |
| Bitget BNCUSDT | 0.0000% | 8h | 6.6691 | +0.393% | $1.2M | $3.2M | 5x | as long as short |
| Bullet BNC-USD | 0.0000% | 1h | 6.6553 | +0.185% | $10K | $71K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.6650 | +0.331% | $58K | $3.0M | 20x | as long as short |
| Aster BNCUSD1 | +0.0472% | 8h | 6.6463 | +0.049% | $191K | $23K | 10x | as long as short |
| Variational Omni BNC | +0.0856% | 8h | 6.6670 | +0.361% | $128K | $114K | — | as long as short |
| HTX BNC-USDT | +0.0873% | 8h | 6.6680 | +0.376% | $14K | $33K | 10x | as long as short |
| Bybit BNCUSDTlong | +0.1024% | 8h | 6.6430 | long leg | $586K | $2.2M | 25x | |
| Binance BNCUSDT | +0.1039% | 8h | 6.6402 | −0.043% | $15.6M | $34.9M | 10x | as long as short |
Bitget BNCUSDT
Bullet BNC-USD
KuCoin BNCUSDTM
Aster BNCUSD1
Variational Omni BNC
HTX BNC-USDT
Binance BNCUSDT