Funding you earn now, next payment 06:00 UTC+0.0029%/8h= +3.2% APRpaid last 24h −0.006%
Price spread now: QFEX against Bybit+0.087%7-day average −0.044% · 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−$26as in the Price arb table
costs, in and out, $10k−$390.388% of the position
Funding, last 4 days (all we have)−0.059%−$6 on $10k
+Price spread, last 7 days−0.126%−$13 · spread now +0.087%, 7d avg −0.044%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.131% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.044%. Mind the row above: over the last 4 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NBISUSDT | 230.16 | 0 | get 0.0000% / 8h | 2h 26m | $4.9M | $6.4M | 50x |
| Short | QFEX NBIS-USD | 230.36 | 0.0029 | get 0.0004% / 1h | 26m 58s | $1.5M | $3.9M | 10x |
Bybit NBISUSDT
QFEX NBIS-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
- $6.1
- Price spread: +0.087% → −0.044%
- $13.14
- Slippage, 4 orders
- −$17.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$19.58
- Costs to cover
- 0.388%
- Break-even
- 29.5 days
Slippage from Bybit: live order book, 1 min ago; QFEX: live order book, 11 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, 1 min ago | 1.30 bp | 13.1 bp −$13 | 70.9 bp −$709 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 11 min ago | 2.16 bp | 7.2 bp −$7 | 11.9 bp −$119 | doesn't fit | doesn't fit |
NBIS on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NBISUSDT | −0.0441% | 8h | 230.45 | +0.126% | $2.3M | $4.6M | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 230.30 | +0.060% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 230.24 | +0.033% | $144K | $753K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 230.29 | +0.056% | $18.3M | $86.6M | 25x | as long as short |
| Bybit NBISUSDTlong | 0.0000% | 8h | 230.16 | long leg | $4.9M | $6.4M | 50x | |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 230.28 | +0.052% | $3.3M | $16.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 230.28 | +0.052% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 230.59 | +0.187% | $2.9M | $555K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 230.84 | +0.294% | $5K | $118K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 230.61 | +0.196% | $759 | $1.6M | 10x | as long as short |
Bitget NBISUSDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 230.22 | +0.026% | $34K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 230.52 | +0.156% | $15K | $61K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 230.43 | +0.117% | $1.6M | $955K | 10x | as long as short |
| Nado NBIS-PERP | +0.0007% | 1h | 230.34 | +0.078% | $37K | $115K | 3x | as long as short |
| BloFin NBIS-USDT | +0.0026% | 8h | 230.62 | +0.200% | $205K | $204K | 20x | as long as short |
| QFEX NBIS-USDshort | +0.0029% | 1h | 230.36 | +0.087% | $1.5M | $3.9M | 10x | |
| Arcus NBIS-USD | +0.0040% | 1h | 230.54 | +0.165% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 230.35 | +0.083% | — | $219K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 230.25 | +0.039% | $137K | $473K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 230.35 | +0.083% | $97 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 230.75 | +0.256% | $159K | $531K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0056% | 1h | 230.16 | 0.000% | $53.5M | $20.5M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 230.21 | +0.022% | $474K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 230.24 | +0.035% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 230.28 | +0.052% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0168% | 1h | 230.62 | +0.200% | $353K | $792K | 10x | as long as short |
| Lighter NBIS | +0.0208% | 1h | 230.31 | +0.065% | $920K | $4.0M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0224% | 1h | 230.21 | +0.024% | $23K | $15K | 20x | as long as short |
| Phoenix NBIS | +0.0242% | 1h | 231.01 | +0.369% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0296% | 1h | 230.56 | +0.174% | $10.0M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0884% | 4h | 230.81 | +0.284% | $37K | $225K | 10x | as long as short |
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Nado NBIS-PERP
BloFin NBIS-USDT
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
tradeXYZ xyz:NBIS
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Lighter NBIS
Kraken Futures PF_NBISUSD
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC