Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.175%
Price spread now: QFEX against Bybit−0.103%7-day average −0.057% · 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−$44as in the Price arb table
costs, in and out, $10k−$390.394% of the position
Funding, last 4 days (all we have)+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)+0.227%+$23 · spread now −0.103%, 7d avg −0.057%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.046% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IBITUSDT | 48.520 | 0 | get 0.0000% / 8h | 3h 35m | $114K | $773K | 25x |
| Short | QFEX IBIT-USD | 48.470 | 0 | get 0.0000% / 1h | 35m 35s | $1.1M | $6.5M | 10x |
Bybit IBITUSDT
QFEX IBIT-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
- $0
- Price spread: −0.103% → −0.057%
- −$4.63
- Slippage, 4 orders
- −$18.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$44.03
- Costs to cover
- 0.394%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 14 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, 14 min ago | 1.03 bp | 6.5 bp −$7 | 15.7 bp −$157 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 8 min ago | 3.09 bp | 10.1 bp −$10 | 15.5 bp −$155 | doesn't fit | doesn't fit |
IBIT on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit IBITUSDTlong | 0.0000% | 8h | 48.520 | long leg | $114K | $773K | 25x | |
| QFEX IBIT-USDshort | 0.0000% | 1h | 48.470 | −0.103% | $1.1M | $6.5M | 10x | |
| Gate IBIT_USDT | 0.0000% | 8h | 48.600 | +0.165% | $96K | $18K | 20x | as long as short |
| Bitget IBITUSDT | 0.0000% | 8h | 48.495 | −0.052% | $17K | $78K | 20x | as long as short |
| HTX IBIT-USDT | 0.0000% | 8h | 48.490 | −0.062% | $1K | $31K | 20x | as long as short |
Gate IBIT_USDT
Bitget IBITUSDT
HTX IBIT-USDT