Settings8H · net · $10k
Funding arb · Price arb /

BX

RWAall BX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Bybit against QFEX+3.153%7-day average −0.111% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$733as in the Price arb table
costs, in and out, $10k−$1,05910.592% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.002%$0 on $10k
Price spread, last 4 days (all we have)−3.156%−$316 · spread now +3.153%, 7d avg −0.111%
Together, before fees−3.154%−$315 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 3.264% dearer against QFEX than usual: you sell high and buy low, +$326 on $10k if it goes back to its 7-day average of −0.111%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BX-USD122.750get 0.0000% / 1h55m 47s$1.1M$1.4M10x
ShortBybit BXUSDT126.620get 0.0000% / 8h7h 55m$482K$804K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against QFEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +3.153% → −0.111%
$326.37
Slippage, 4 orders
−$1,038.22
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$732.85
Costs to cover
10.592%
Break-even
never at this rate
Slippage from QFEX: live order book, 1 min ago; Bybit: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 1 min ago243.78 bp425.1 bp −$425425.4 bp −$4,254431.9 bp −$43.2Kdoesn't fit
Sell Bybit live order book, 39 min ago3.95 bp102.1 bp −$102252.3 bp −$2,523doesn't fitdoesn't fit

BX on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BXUSDT0.0000%8h126.65+3.181%$5K$86820xas long as short
Bybit BXUSDTshort0.0000%8h126.62+3.153%$482K$804K25x
OKX BX-USDT-SWAP0.0000%8h126.71+3.226%$164K$115K20xas long as short
QFEX BX-USDlong0.0000%1h122.75long leg$1.1M$1.4M10x
Gate BX_USDT0.0000%8h126.79+3.291%$423K$24K20xas long as short
Bitget BXUSDT0.0000%8h126.75+3.259%$901K$27K20xas long as short
Variational Omni BX0.0000%8h126.62+3.156%$43K$12Kas long as short
SunX BX-USDT0.0000%8h126.66+3.185%$1K$305K10xas long as short
HTX BX-USDT0.0000%8h126.83+3.324%$7K$4K20xas long as short
Binance BXUSDT+0.0041%8h126.63+3.163%$772K$500K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BXUSDTM+0.0100%8h126.68+3.202%$110K$771K20xas long as short
Injective BX/USDC PERP+0.0220%1h138.74+13.026%$4K$31K12xas long as short
tradeXYZ xyz:BX+0.0237%1h126.45+3.014%$665K$255K10xas long as short
GRVT BX_USDT_Perp+0.2421%8h126.68+3.202%$486$101K10xas long as short