Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.024%
Price spread now: QFEX against Bybit−0.901%53s7-day average −0.094% · 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−$6266.258% of the position
Funding, last 1 day (all we have)−0.024%−$2 on $10k
+Price spread, last 18 hours (all we have)+0.991%+$99 · spread now −0.901%, 7d avg −0.094%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.807% cheaper against Bybit than usual: you would sell low and buy high, −$81 on $10k if it goes back to its 7-day average of −0.094%. The two prices were read 53 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 | Bybit CYPHUSDT | 3.4410 | 0 | get 0.0000% / 8h | 4h 21m | $73K | $309K | 25x |
| Short | QFEX CYPH-USD | 3.4100 | 0 | get 0.0000% / 1h | 21m 40s | $2.0M | $366K | 10x |
Bybit CYPHUSDT
QFEX CYPH-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: −0.901% → −0.094%
- −$80.71
- Slippage, 4 orders
- −$604.76
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$706.47
- Costs to cover
- 6.258%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 19 min ago; QFEX: live order book, 5 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, 19 min ago | 11.66 bp | 117.0 bp −$117 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 162.00 bp | 194.3 bp −$194 | 196.2 bp −$1,962 | 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 CYPHUSDTlong | 0.0000% | 8h | 3.4410 | long leg | $73K | $309K | 25x | |
| QFEX CYPH-USDshort | 0.0000% | 1h | 3.4100 | −0.901% | $2.0M | $366K | 10x | |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4290 | −0.349% | $36K | $60K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4243 | −0.485% | $67K | $615K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4260 | −0.436% | — | $4.7M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4270 | −0.407% | $5K | $352K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4250 | −0.465% | $136K | $232K | 10x | as long as short |
| Binance CYPHUSDT | +0.0709% | 8h | 3.4250 | −0.465% | $244K | $2.7M | 20x | as long as short |
| Aftermath Perps CYPHUSD | +0.2338% | 1h | 3.5648 | +3.596% | $529 | $21K | 3x | as long as short |
Gate CYPH_USDT
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT
Aftermath Perps CYPHUSD