Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.276%
Price spread now: QFEX against Bitget−0.299%46s7-day average −0.617% · 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—prices read too far apart to compare
costs, in and out, $10k−$3993.989% of the position
Funding, last 4 days (all we have)+0.231%+$23 on $10k
+Price spread, last 4 days (all we have)+0.186%+$19 · spread now −0.299%, 7d avg −0.617%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.318% dearer against Bitget than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of −0.617%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CYPHUSDT | 3.4102 | 0 | get 0.0000% / 8h | 4h 46m | $68K | $604K | 20x |
| Short | QFEX CYPH-USD | 3.4000 | 0 | get 0.0000% / 1h | 46m 53s | $2.0M | $365K | 10x |
Bitget CYPHUSDT
QFEX CYPH-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bitget. 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: −0.299% → −0.617%
- $31.82
- Slippage, 4 orders
- −$376.93
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$367.12
- Costs to cover
- 3.989%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 8 min ago; QFEX: live order book, 10 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 Bitget live order book, 8 min ago | 6.28 bp | 69.3 bp −$69 | 73.7 bp −$737 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 10 min ago | 102.49 bp | 134.6 bp −$135 | 136.6 bp −$1,366 | doesn't fit | doesn't fit |
CYPH 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CYPHUSDT | 0.0000% | 8h | 3.4220 | +0.346% | $73K | $306K | 25x | as long as short |
| QFEX CYPH-USDshort | 0.0000% | 1h | 3.4000 | −0.299% | $2.0M | $365K | 10x | |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4200 | +0.287% | $36K | $60K | 20x | as long as short |
| Bitget CYPHUSDTlong | 0.0000% | 8h | 3.4102 | long leg | $68K | $604K | 20x | |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4040 | −0.182% | — | $4.7M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4100 | −0.006% | $5K | $353K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4060 | −0.123% | $135K | $231K | 10x | as long as short |
| Binance CYPHUSDT | +0.0725% | 8h | 3.4040 | −0.181% | $232K | $2.7M | 20x | as long as short |
| Aftermath Perps CYPHUSD | +0.2315% | 1h | 3.5648 | +4.532% | $574 | $21K | 3x | as long as short |
Bybit CYPHUSDT
Gate CYPH_USDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT
Aftermath Perps CYPHUSD