Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.276%
Price spread now: Bitget against QFEX+0.182%7-day average +0.617% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$442as in the Price arb table
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)−0.069%−$7 · spread now +0.182%, 7d avg +0.617%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.435% cheaper against QFEX than usual: you would sell low and buy high, −$43 on $10k if it goes back to its 7-day average of +0.617%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CYPH-USD | 3.4000 | 0 | get 0.0000% / 1h | 46m 08s | $2.0M | $365K | 10x |
| Short | Bitget CYPHUSDT | 3.4062 | 0 | get 0.0000% / 8h | 4h 46m | $68K | $610K | 20x |
QFEX CYPH-USD
Bitget CYPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against QFEX. 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: +0.182% → +0.617%
- −$43.49
- Slippage, 4 orders
- −$376.93
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$442.43
- Costs to cover
- 3.989%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 11 min ago; Bitget: live order book, 9 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 QFEX live order book, 11 min ago | 102.49 bp | 134.5 bp −$135 | 136.5 bp −$1,365 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 9 min ago | 6.28 bp | 60.5 bp −$60 | 96.2 bp −$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 CYPHUSDT | 0.0000% | 8h | 3.4100 | +0.294% | $73K | $306K | 25x | as long as short |
| QFEX CYPH-USDlong | 0.0000% | 1h | 3.4000 | long leg | $2.0M | $365K | 10x | |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4200 | +0.588% | $36K | $60K | 20x | as long as short |
| Bitget CYPHUSDTshort | 0.0000% | 8h | 3.4062 | +0.182% | $68K | $610K | 20x | |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4040 | +0.118% | — | $4.7M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4100 | +0.294% | $5K | $353K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4050 | +0.147% | $135K | $231K | 10x | as long as short |
| Binance CYPHUSDT | +0.0720% | 8h | 3.4047 | +0.138% | $232K | $2.7M | 20x | as long as short |
| Aftermath Perps CYPHUSD | +0.2317% | 1h | 3.5648 | +4.846% | $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