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

EBAY

RWAall EBAY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Gate+0.009%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$373as in the Price arb table
costs, in and out, $10k−$3783.785% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.009%, 7d avg −0.050%
Together, before fees−0.133%−$13 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 0.059% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EBAY_USDT108.420get 0.0000% / 8h7h 09m$146K$3K20x
ShortQFEX EBAY-USD108.430get 0.0000% / 1h9m 50s$1.1M$3.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Gate. 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
Price spread: +0.009% → −0.050%
$5.91
Slippage, 4 orders
−$353.48
Fee Gate: 7.5 bp × 2 orders
−$15
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$372.57
Costs to cover
3.785%
Break-even
never at this rate
Slippage from Gate: live order book, 16 min ago; QFEX: live order book, 4 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 Gate live order book, 16 min ago16.13 bp142.0 bp −$142doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago25.88 bp30.9 bp −$3132.6 bp −$326doesn'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
Aster EBAYUSDT0.0000%8h108.46+0.035%$4K$93620xas long as short
Binance EBAYUSDT0.0000%8h108.56+0.129%$252K$417K20xas long as short
Bybit EBAYUSDT0.0000%8h108.32−0.092%$41K$15K25xas long as short
QFEX EBAY-USDshort0.0000%1h108.43+0.009%$1.1M$3.8M10x
Gate EBAY_USDTlong0.0000%8h108.42long leg$146K$3K20x
Variational Omni EBAY0.0000%8h108.32−0.091%$16K$82Kas long as short
SunX EBAY-USDT0.0000%8h108.33−0.083%$1K$920K10xas long as short
HTX EBAY-USDT0.0000%8h108.02−0.369%$6K$3K10xas long as short
tradeXYZ xyz:EBAY+0.0300%1h108.44+0.018%$301K$75K10xas long as short