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

EBAY

RWAall EBAY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h 0.000%
Price spread now: QFEX against Binance−0.128%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1551.554% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.341%+$34 on $10k
Price spread, last 2 days (all we have)−0.025%−$3 · spread now −0.128%, 7d avg −0.103%
Together, before fees+0.316%+$32 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.026% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.103%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EBAYUSDT108.550get 0.0000% / 8h38m 54s$255K$409K20x
ShortQFEX EBAY-USD108.41−0.0001pay 0.0000% / 1h38m 54s$1.1M$3.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Binance. 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
−$0.29
Price spread: −0.128% → −0.103%
−$2.57
Slippage, 4 orders
−$135.4
Fee Binance: 5 bp × 2 orders
−$10
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$158.26
Costs to cover
1.554%
Break-even
never at this rate
Slippage from Binance: live order book, 38 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 38 min ago0.46 bp32.8 bp −$33132.3 bp −$1,323doesn't fitdoesn't fit
Sell QFEX live order book, 5 min ago1.38 bp47.7 bp −$4850.8 bp −$508doesn't fitdoesn't fit

EBAY on 9 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
QFEX EBAY-USDshort−0.0001%1h108.41−0.128%$1.1M$3.8M10x
Aster EBAYUSDT0.0000%8h105.88−2.464%$4K$93620xas long as short
Binance EBAYUSDTlong0.0000%8h108.55long leg$255K$409K20x
Bybit EBAYUSDT0.0000%8h108.44−0.101%$41K$15K25xas long as short
Gate EBAY_USDT0.0000%8h108.49−0.055%$147K$3K20xas long as short
Variational Omni EBAY0.0000%8h108.48−0.060%$17K$74Kas long as short
SunX EBAY-USDT0.0000%8h108.51−0.036%$1K$967K10xas long as short
HTX EBAY-USDT0.0000%8h108.43−0.110%$6K$3K10xas long as short
tradeXYZ xyz:EBAY+0.0050%1h108.46−0.082%$301K$76K10xas long as short