Funding you earn now, next payment 07:00 UTC−0.0006%/8h= −0.6% APRpaid last 24h +0.004%
Price spread now: QFEX against Bybit+0.162%7-day average +0.078% · 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−$194as in the Price arb table
costs, in and out, $10k−$2022.022% of the position
Funding, last 4 days (all we have)+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.162%, 7d avg +0.078%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.084% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FLEXUSDT | 110.96 | 0 | get 0.0000% / 8h | 1h 35m | $127K | $231K | 25x |
| Short | QFEX FLEX-USD | 111.14 | −0.0006 | pay 0.0001% / 1h | 35m 06s | $1.1M | $2.8M | 10x |
Bybit FLEXUSDT
QFEX FLEX-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
- −$1.24
- Price spread: +0.162% → +0.078%
- $8.45
- Slippage, 4 orders
- −$181.25
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$195.05
- Costs to cover
- 2.022%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 55 min ago; QFEX: live order book, 8 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, 55 min ago | 9.45 bp | 85.8 bp −$86 | 238.9 bp −$2,389 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 8 min ago | 15.75 bp | 26.5 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
FLEX on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX FLEX-USDshort | −0.0006% | 1h | 111.14 | +0.162% | $1.1M | $2.8M | 10x | |
| Binance FLEXUSDT | 0.0000% | 8h | 111.00 | +0.034% | $295K | $262K | 25x | as long as short |
| Bybit FLEXUSDTlong | 0.0000% | 8h | 110.96 | long leg | $127K | $231K | 25x | |
| Gate FLEX_USDT | 0.0000% | 8h | 111.19 | +0.207% | $176K | $123K | 20x | as long as short |
| Bitget FLEXUSDT | 0.0000% | 8h | 110.93 | −0.027% | $123K | $63K | 20x | as long as short |
| HTX FLEX-USDT | +0.0100% | 8h | 111.14 | +0.162% | $3K | $12K | 10x | as long as short |
Binance FLEXUSDT
Gate FLEX_USDT
Bitget FLEXUSDT
HTX FLEX-USDT