Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 78.500 | 0 | 0.0000% / 1h | 29m 56s | $1.4M | $11.1M | 10x | Long QFEX | |
| SHORT | 78.740 | +0.1383 | get 0.1383% / 8h | 2h 29m | $352K | $67K | 25x | Short Bybit |
Price gap+0.306%
Funding gap+0.1383% /8h
Funding pays +$41 a day on $10k, but the gap is 0.085% under its 7d average: −$8 if it goes back, about 5 hours of funding. At the last 7 days' pace that is about 10 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$98+0.1383% /8h now · paid +0.977% over the last 5 days (all we have)
Price−$8spread +0.306% now, avg +0.390% → −0.085% if it goes back
Costs−$1831.831% of $10k · taker + slippage, in and out
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Bybit price against QFEXnow
RANGE STATS · 7D
Now+0.306%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hTLT on 9 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size8.8 / 123.3 bpAt $10k entering Bybit costs 123.3 bp, fee and slippage, 14.0× QFEX’s.
- Note: Margin at max leverage$1,000 + $400QFEX 10x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$41.48Long QFEX: 24 payments, $0.00; short Bybit: 3 payments, +$41.48.
- Watch: Gap narrower than usual+0.306% vs +0.390%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$352K vs $1.4M OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0649%/8h × 21 periods+$136.27
Price spread+0.306% → +0.390% (7d avg)−$8.45
Slippage, 4 orderslive order books−$162.07
Fee QFEX bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$55.26
Costs to cover1.831%Break-even9.8 days
Slippage: QFEX: live order book, 9 min ago; Bybit: live order book, 65 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.558.8 bp−$99.0 bp−$9016.6 bp−$1,664doesn’t fit
SELL · SHORTBybit18.34123.3 bp−$123doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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