TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG694.93−0.0005get 0.0001% / 1h50m 33s$1.5M$2.5M10xLong QFEX10% back
SHORT694.6300.0000% / 8h2h 50m$175K$13K25xShort Bybit
Price gap−0.043%
Funding gap+0.0005% /8h

Funding is ≈ 0 and the gap is 0.206% under its 7d average: the price leg works against you, −$21 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$5+0.0005% /8h now · paid +0.046% over the last 7D
Price−$21spread −0.043% now, avg +0.163% → −0.206% if it goes back
Costs−$2692.687% of $10k · taker + slippage, in and out

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.043%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CAT on 9 exchanges

lowest funding first

Before you open

0 ok · 5 to watch
  • Watch: Thin at this size25.4 / 101.9 bp
    At $10k entering Bybit costs 101.9 bp, fee and slippage, 4.0× QFEX’s.
  • Note: Margin at max leverage$1,000 + $400
    QFEX 10x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$0.15Long QFEX: 24 payments, +$0.15; short Bybit: 3 payments, $0.00.
  • Watch: Gap narrower than usual−0.043% vs +0.163%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$175K vs $1.5M OI
    Bybit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCQFEX No · Bybit Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0022%/8h × 21 periods+$4.55
Price spread−0.043% → +0.163% (7d avg)−$20.57
Slippage, 4 orderslive order books−$237.74
Fee QFEX bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$284.76
Costs to cover2.687%Break-even445.0 days
Slippage: QFEX: live order book, 7 min ago; Bybit: live order book, 53 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGQFEX2.2325.4 bp−$25doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit13.88101.9 bp−$102doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

CAT news

posts that mention CAT or Caterpillar, from every exchangeSearch all news →
10-15 05:30BitgetOtherPPI data is up next: 7 hours to go. ⏳ Will $CAT, $FDX, $DE, and $CSX make big moves? @bitget on X ↗
09-22 08:47Jupiter PerpsOtherTHE CAT IS OUT THE BAAAAG @JupiterExchange on X ↗