Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against QFEX−0.038%7-day average +0.005% · 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−$88as in the Price arb table
costs, in and out, $10k−$840.837% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.038%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.043% cheaper against QFEX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX PANW-USD | 371.71 | 0 | get 0.0000% / 1h | 30m 00s | $1.1M | $2.6M | 10x |
| Short | Bybit PANWUSDT | 371.57 | 0 | get 0.0000% / 8h | 3h 30m | $315K | $320K | 25x |
QFEX PANW-USD
Bybit PANWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against QFEX. 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: −0.038% → +0.005%
- −$4.3
- Slippage, 4 orders
- −$62.66
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$87.96
- Costs to cover
- 0.837%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; Bybit: live order book, 14 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 QFEX live order book, 3 min ago | 2.15 bp | 8.5 bp −$8 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 14 min ago | 7.68 bp | 15.8 bp −$16 | 152.4 bp −$1,524 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance PANWUSDT | 0.0000% | 8h | 371.76 | +0.013% | $515K | $762K | 25x | as long as short |
| Bybit PANWUSDTshort | 0.0000% | 8h | 371.57 | −0.038% | $315K | $320K | 25x | |
| QFEX PANW-USDlong | 0.0000% | 1h | 371.71 | long leg | $1.1M | $2.6M | 10x | |
| Gate PANW_USDT | 0.0000% | 8h | 371.84 | +0.035% | $67K | $5K | 20x | as long as short |
| Bitget PANWUSDT | 0.0000% | 8h | 371.52 | −0.051% | $174K | $378K | 20x | as long as short |
| SunX PANW-USDT | +0.0100% | 8h | 371.84 | +0.035% | $1K | $620K | 10x | as long as short |
| HTX PANW-USDT | +0.0100% | 8h | 372.38 | +0.180% | $1K | $39K | 10x | as long as short |
| Injective PANW/USDC PERP | +0.0220% | 1h | 375.36 | +0.982% | $6K | $38K | 12x | as long as short |
Binance PANWUSDT
Gate PANW_USDT
Bitget PANWUSDT
SunX PANW-USDT
HTX PANW-USDT
Injective PANW/USDC PERP