Funding you earn now, next payment 06:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h −0.004%
Price spread now: Bybit against QFEX−0.090%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1771.768% of the position
Funding, last 4 days (all we have)−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.090%, 7d avg −0.077%
=The price spread sits at its 7-day average of −0.077%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX FLEX-USD | 111.38 | −0.0043 | get 0.0005% / 1h | 23m 35s | $1.1M | $2.7M | 10x |
| Short | Bybit FLEXUSDT | 111.28 | 0 | get 0.0000% / 8h | 2h 23m | $128K | $251K | 25x |
QFEX FLEX-USD
Bybit FLEXUSDTFunding 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
- $9.11
- Price spread: −0.090% → −0.077%
- −$1.31
- Slippage, 4 orders
- −$155.83
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$169.03
- Costs to cover
- 1.768%
- Break-even
- 136.9 days
Slippage from QFEX: live order book, 4 min ago; Bybit: live order book, 7 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 | 6.30 bp | 14.2 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 7 min ago | 9.45 bp | 63.3 bp −$63 | 217.6 bp −$2,176 | 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-USDlong | −0.0043% | 1h | 111.38 | long leg | $1.1M | $2.7M | 10x | |
| Binance FLEXUSDT | 0.0000% | 8h | 111.28 | −0.090% | $297K | $257K | 25x | as long as short |
| Bybit FLEXUSDTshort | 0.0000% | 8h | 111.28 | −0.090% | $128K | $251K | 25x | |
| Gate FLEX_USDT | 0.0000% | 8h | 111.26 | −0.108% | $176K | $127K | 20x | as long as short |
| Bitget FLEXUSDT | 0.0000% | 8h | 111.29 | −0.081% | $101K | $50K | 20x | as long as short |
| HTX FLEX-USDT | +0.0100% | 8h | 111.27 | −0.099% | $4K | $11K | 10x | as long as short |
Binance FLEXUSDT
Gate FLEX_USDT
Bitget FLEXUSDT
HTX FLEX-USDT