Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Bybit−0.219%7-day average +0.386% · 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−$315as in the Price arb table
costs, in and out, $10k−$2542.542% of the position
Funding, last 3 days (all we have)+0.001%$0 on $10k
+Price spread, last 7 days+0.669%+$67 · spread now −0.219%, 7d avg +0.386%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.606% cheaper against Bybit than usual: you would sell low and buy high, −$61 on $10k if it goes back to its 7-day average of +0.386%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PURRUSDT | 13.680 | 0 | get 0.0000% / 8h | 18m 05s | $630K | $921K | 25x |
| Short | QFEX PURR-USD | 13.650 | 0 | get 0.0000% / 1h | 18m 05s | $1.3M | $2.3M | 10x |
Funding 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: −0.219% → +0.386%
- −$60.56
- Slippage, 4 orders
- −$233.17
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$314.73
- Costs to cover
- 2.542%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 57 min ago; QFEX: live order book, 4 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, 57 min ago | 6.95 bp | 96.2 bp −$96 | 1481.3 bp −$14.8K | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 3.66 bp | 30.1 bp −$30 | 40.2 bp −$402 | doesn't fit | doesn't fit |
PURR 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 PURRUSDTlong | 0.0000% | 8h | 13.680 | long leg | $630K | $921K | 25x | |
| OKX PURR-USDT-SWAP | 0.0000% | 8h | 13.740 | +0.439% | $569K | $1.3M | 20x | as long as short |
| QFEX PURR-USDshort | 0.0000% | 1h | 13.650 | −0.219% | $1.3M | $2.3M | 10x | |
| Gate PURR_USDT | 0.0000% | 8h | 13.724 | +0.322% | $53K | $36K | 20x | as long as short |
| Bitget PURRUSDT | 0.0000% | 8h | 13.717 | +0.270% | $331K | $2.0M | 20x | as long as short |
| HTX PURR-USDT | 0.0000% | 1h | 13.712 | +0.234% | $7K | $332K | 20x | as long as short |
| Ondo Perps PURR-USD.P | +0.0192% | 1h | 13.682 | +0.015% | $7K | $49K | 5x | as long as short |
| Extended PURR-USD | +0.0816% | 1h | 13.682 | +0.017% | $203K | $244K | 10x | as long as short |
Bybit PURRUSDT
OKX PURR-USDT-SWAP
Gate PURR_USDT
Bitget PURRUSDT
HTX PURR-USDT
Extended PURR-USD