Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: QFEX against Bybit−0.221%7-day average +0.114% · 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−$1,204as in the Price arb table
costs, in and out, $10k−$1,17011.701% of the position
Funding, last 4 days (all we have)−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.318%+$32 · spread now −0.221%, 7d avg +0.114%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.335% cheaper against Bybit than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of +0.114%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BXUSDT | 126.64 | 0 | get 0.0000% / 8h | 7h 48m | $482K | $804K | 25x |
| Short | QFEX BX-USD | 126.36 | 0 | get 0.0000% / 1h | 48m 25s | $1.1M | $1.4M | 10x |
Bybit BXUSDT
QFEX BX-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
- $0
- Price spread: −0.221% → +0.114%
- −$33.48
- Slippage, 4 orders
- −$1,149.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$1,203.56
- Costs to cover
- 11.701%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 46 min ago; QFEX: 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 Bybit live order book, 46 min ago | 3.95 bp | 89.8 bp −$90 | 227.4 bp −$2,274 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 222.33 bp | 750.9 bp −$751 | 761.9 bp −$7,619 | 767.7 bp −$76.8K | doesn't fit |
BX on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BXUSDT | 0.0000% | 8h | 126.61 | −0.025% | $5K | $868 | 20x | as long as short |
| Bybit BXUSDTlong | 0.0000% | 8h | 126.64 | long leg | $482K | $804K | 25x | |
| OKX BX-USDT-SWAP | 0.0000% | 8h | 126.64 | 0.000% | $164K | $115K | 20x | as long as short |
| QFEX BX-USDshort | 0.0000% | 1h | 126.36 | −0.221% | $1.1M | $1.4M | 10x | |
| Gate BX_USDT | 0.0000% | 8h | 126.74 | +0.079% | $422K | $24K | 20x | as long as short |
| Bitget BXUSDT | 0.0000% | 8h | 126.73 | +0.071% | $901K | $27K | 20x | as long as short |
| Variational Omni BX | 0.0000% | 8h | 126.63 | −0.005% | $43K | $12K | — | as long as short |
| SunX BX-USDT | 0.0000% | 8h | 126.66 | +0.016% | $889 | $305K | 10x | as long as short |
| HTX BX-USDT | 0.0000% | 8h | 126.70 | +0.047% | $7K | $4K | 20x | as long as short |
| Binance BXUSDT | +0.0041% | 8h | 126.70 | +0.045% | $772K | $505K | 20x | as long as short |
Aster BXUSDT
OKX BX-USDT-SWAP
Gate BX_USDT
Bitget BXUSDT
Variational Omni BX
SunX BX-USDT
HTX BX-USDT
Binance BXUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BXUSDTM | +0.0100% | 8h | 126.45 | −0.150% | $111K | $770K | 20x | as long as short |
| tradeXYZ xyz:BX | +0.0196% | 1h | 126.46 | −0.142% | $666K | $256K | 10x | as long as short |
| Injective BX/USDC PERP | +0.0220% | 1h | 138.74 | +9.555% | $4K | $31K | 12x | as long as short |
| GRVT BX_USDT_Perp | +0.0342% | 8h | 126.67 | +0.024% | $827 | $102K | 10x | as long as short |
KuCoin BXUSDTM
tradeXYZ xyz:BX
Injective BX/USDC PERP
GRVT BX_USDT_Perp