Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: QFEX against Bybit−0.359%7-day average +0.027% · 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−$855as in the Price arb table
costs, in and out, $10k−$8178.169% of the position
Funding, last 4 days (all we have)+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.209%+$21 · spread now −0.359%, 7d avg +0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.386% cheaper against Bybit than usual: you would sell low and buy high, −$39 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NCLDUSDT | 25.040 | 0 | get 0.0000% / 8h | 4h 22m | $170K | $83K | 25x |
| Short | QFEX NCLD-USD | 24.950 | 0 | get 0.0000% / 1h | 22m 38s | $1.1M | $501K | 10x |
Bybit NCLDUSDT
QFEX NCLD-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: −0.359% → +0.027%
- −$38.6
- Slippage, 4 orders
- −$795.89
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$855.49
- Costs to cover
- 8.169%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 17 min ago; QFEX: live order book, 3 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, 17 min ago | 11.98 bp | 136.8 bp −$137 | 2449.8 bp −$24.5K | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 252.51 bp | 269.5 bp −$269 | 277.5 bp −$2,775 | doesn't fit | doesn't fit |
NCLD on 4 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 NCLDUSDTlong | 0.0000% | 8h | 25.040 | long leg | $170K | $83K | 25x | |
| QFEX NCLD-USDshort | 0.0000% | 1h | 24.950 | −0.359% | $1.1M | $501K | 10x | |
| Polymarket Perps NCLD-USD | +0.0050% | 1h | 24.948 | −0.367% | $19K | $182K | 10x | as long as short |
| tradeXYZ xyz:NCLD | +0.1001% | 1h | 24.950 | −0.359% | $242K | $248K | 10x | as long as short |
Polymarket Perps NCLD-USD
tradeXYZ xyz:NCLD