Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Bybit+0.013%7-day average +0.004% · 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−$224as in the Price arb table
costs, in and out, $10k−$2252.250% of the position
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.013%, 7d avg +0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PANWUSDT | 371.52 | 0 | get 0.0000% / 8h | 7h 54m | $312K | $329K | 25x |
| Short | QFEX PANW-USD | 371.57 | 0.0000 | get 0.0000% / 1h | 54m 24s | $1.1M | $2.8M | 10x |
Bybit PANWUSDT
QFEX PANW-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
- $0.05
- Price spread: +0.013% → +0.004%
- $0.97
- Slippage, 4 orders
- −$203.96
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$223.94
- Costs to cover
- 2.250%
- Break-even
- 31109.1 days
Slippage from Bybit: live order book, 10 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, 10 min ago | 7.00 bp | 27.4 bp −$27 | 168.6 bp −$1,686 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 8 min ago | 77.18 bp | 89.7 bp −$90 | 94.1 bp −$941 | doesn't fit | doesn't fit |
PANW on 8 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 PANWUSDTlong | 0.0000% | 8h | 371.52 | long leg | $312K | $329K | 25x | |
| Gate PANW_USDT | 0.0000% | 8h | 372.12 | +0.161% | $67K | $5K | 20x | as long as short |
| Bitget PANWUSDT | 0.0000% | 8h | 371.99 | +0.127% | $177K | $373K | 20x | as long as short |
| QFEX PANW-USDshort | 0.0000% | 1h | 371.57 | +0.013% | $1.1M | $2.8M | 10x | |
| SunX PANW-USDT | +0.0100% | 8h | 371.83 | +0.083% | $889 | $706K | 10x | as long as short |
| HTX PANW-USDT | +0.0100% | 8h | 371.67 | +0.040% | $658 | $39K | 10x | as long as short |
| Injective PANW/USDC PERP | +0.0220% | 1h | 375.22 | +0.996% | $9K | $32K | 12x | as long as short |
| Binance PANWUSDT | +0.0798% | 8h | 371.82 | +0.080% | $515K | $801K | 25x | as long as short |
Gate PANW_USDT
Bitget PANWUSDT
SunX PANW-USDT
HTX PANW-USDT
Injective PANW/USDC PERP
Binance PANWUSDT