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

COST

RWAall COST markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.008%
Price spread now: QFEX against Bybit+0.004%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$810.810% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.012%+$1 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.004%, 7d avg −0.002%
Together, before fees+0.011%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit COSTUSDT898.850get 0.0000% / 8h4h 18m$490K$219K25x
ShortQFEX COST-USD898.890.0004get 0.0001% / 1h18m 55s$1.1M$2.6M10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.86
Price spread: +0.004% → −0.002%
$0.65
Slippage, 4 orders
−$60.02
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$79.51
Costs to cover
0.810%
Break-even
656.6 days
Slippage from Bybit: live order book, 31 min ago; QFEX: live order book, 4 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 Bybit live order book, 31 min ago8.06 bp17.0 bp −$1747.8 bp −$478doesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago2.06 bp7.9 bp −$812.4 bp −$124doesn't fitdoesn't fit

COST on 15 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 COSTUSDT0.0000%8h898.98+0.015%$45K$17820xas long as short
Binance COSTUSDT0.0000%8h899.02+0.019%$1.1M$932K20xas long as short
Bybit COSTUSDTlong0.0000%8h898.85long leg$490K$219K25x
Gate COST_USDT0.0000%8h899.10+0.028%$520K$7K25xas long as short
Bitget COSTUSDT0.0000%8h898.90+0.006%$403K$77K25xas long as short
Variational Omni COST0.0000%8h898.96+0.013%$41K$17Kas long as short
SunX COST-USDT0.0000%8h898.30−0.061%$1K$2.9M10xas long as short
HTX COST-USDT0.0000%8h900.65+0.200%$10K$42K10xas long as short
QFEX COST-USDshort+0.0004%1h898.89+0.004%$1.1M$2.6M10x
OKX COST-USDT-SWAP+0.0016%8h899.67+0.091%$443K$112K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective COST/USDC PERP+0.0033%1h891.98−0.764%$2K$28K12xas long as short
Extended COST-USD+0.0040%1h898.25−0.067%10xas long as short
Vest COST-USD-PERP+0.0046%1h898.71−0.016%25xas long as short
tradeXYZ xyz:COST+0.0050%1h898.69−0.018%$1.8M$518K20xas long as short
KuCoin COSTUSDTM+0.0100%8h898.60−0.028%$48K$881K20xas long as short