Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.024%
Price spread now: Bybit against QFEX+0.176%7-day average +0.094% · 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−$253as in the Price arb table
costs, in and out, $10k−$2612.610% of the position
Funding, last 1 day (all we have)+0.024%+$2 on $10k
+Price spread, last 18 hours (all we have)−0.266%−$27 · spread now +0.176%, 7d avg +0.094%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.083% dearer against QFEX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.094%.
| 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 | 43m 00s | $2.0M | $365K | 10x |
| Short | Bybit CYPHUSDT | 3.4060 | 0 | get 0.0000% / 8h | 4h 43m | $73K | $306K | 25x |
QFEX CYPH-USD
Bybit CYPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.176% → +0.094%
- $8.26
- Slippage, 4 orders
- −$239.97
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$252.71
- Costs to cover
- 2.610%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 4 min ago; Bybit: live order book, 62 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, 4 min ago | 14.73 bp | 47.0 bp −$47 | 49.0 bp −$490 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 62 min ago | 10.19 bp | 124.3 bp −$124 | doesn't fit | 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 CYPHUSDTshort | 0.0000% | 8h | 3.4060 | +0.176% | $73K | $306K | 25x | |
| QFEX CYPH-USDlong | 0.0000% | 1h | 3.4000 | long leg | $2.0M | $365K | 10x | |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4180 | +0.529% | $36K | $60K | 20x | as long as short |
| Bitget CYPHUSDT | 0.0000% | 8h | 3.4047 | +0.138% | $58K | $610K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4010 | +0.029% | — | $4.7M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4090 | +0.265% | $5K | $353K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4000 | 0.000% | $135K | $231K | 10x | as long as short |
| Binance CYPHUSDT | +0.0703% | 8h | 3.3989 | −0.033% | $235K | $2.7M | 20x | as long as short |
| Aftermath Perps CYPHUSD | +0.2319% | 1h | 3.5648 | +4.846% | $574 | $21K | 3x | as long as short |
Gate CYPH_USDT
Bitget CYPHUSDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT
Aftermath Perps CYPHUSD