Settings8H · net · $10k
Funding arb · Price arb /

PURR

RWAall PURR markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.670%+$67 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PURRUSDT13.6800get 0.0000% / 8h18m 05s$630K$921K25x
ShortQFEX PURR-USD13.6500get 0.0000% / 1h18m 05s$1.3M$2.3M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 57 min ago6.95 bp96.2 bp −$961481.3 bp −$14.8Kdoesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago3.66 bp30.1 bp −$3040.2 bp −$402doesn't fitdoesn't fit

PURR on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PURRUSDTlong0.0000%8h13.680long leg$630K$921K25x
OKX PURR-USDT-SWAP0.0000%8h13.740+0.439%$569K$1.3M20xas long as short
QFEX PURR-USDshort0.0000%1h13.650−0.219%$1.3M$2.3M10x
Gate PURR_USDT0.0000%8h13.724+0.322%$53K$36K20xas long as short
Bitget PURRUSDT0.0000%8h13.717+0.270%$331K$2.0M20xas long as short
HTX PURR-USDT0.0000%1h13.712+0.234%$7K$332K20xas long as short
Ondo Perps PURR-USD.P+0.0192%1h13.682+0.015%$7K$49K5xas long as short
Extended PURR-USD+0.0816%1h13.682+0.017%$203K$244K10xas long as short