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

GS

RWAall GS 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 Bybit+0.192%7-day average −0.225% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$239as in the Price arb table
costs, in and out, $10k−$2812.811% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.811%−$81 · spread now +0.192%, 7d avg −0.225%
Together, before fees−0.811%−$81 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 0.417% dearer against Bybit than usual: you sell high and buy low, +$42 on $10k if it goes back to its 7-day average of −0.225%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GSUSDT957.660get 0.0000% / 8h6h 58m$285K$39K25x
ShortQFEX GS-USD959.500get 0.0000% / 1h58m 01s$1.1M$2.7M10x

Funding 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 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: +0.192% → −0.225%
$41.7
Slippage, 4 orders
−$260.09
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$239.38
Costs to cover
2.811%
Break-even
never at this rate
Slippage from Bybit: live order book, 17 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 Bybit live order book, 17 min ago15.73 bp127.2 bp −$127doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 5 min ago2.08 bp61.0 bp −$6167.1 bp −$671doesn't fitdoesn't fit

GS 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
edgeX GSUSDC−0.0026%4h958.88+0.127%$27K$245K10xas long as short
Binance GSUSDT0.0000%8h959.15+0.156%$426K$396K20xas long as short
Bybit GSUSDTlong0.0000%8h957.66long leg$285K$39K25x
QFEX GS-USDshort0.0000%1h959.50+0.192%$1.1M$2.7M10x
Gate GS_USDT0.0000%8h958.70+0.109%$226K$10K20xas long as short
Bitget GSUSDT0.0000%8h959.14+0.155%$346K$50K20xas long as short
HTX GS-USDT0.0000%8h960.88+0.336%$9K$37K10xas long as short
Injective GS/USDC PERP+0.0220%1h967.67+1.045%$11K$39K12xas long as short
GRVT GS_USDT_Perp+0.1076%8h958.31+0.068%$287$114K10xas long as short