Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.7% APRpaid last 24h −0.025%
Price spread now: QFEX against Bybit−0.005%7-day average −0.083% · 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−$294as in the Price arb table
costs, in and out, $10k−$3023.017% of the position
Funding, last 4 days (all we have)−0.046%−$5 on $10k
+Price spread, last 7 days−0.115%−$11 · spread now −0.005%, 7d avg −0.083%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.078% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TTWOUSDT | 210.63 | 0 | get 0.0000% / 8h | 16m 04s | $1.8M | $210K | 25x |
| Short | QFEX TTWO-USD | 210.62 | 0.0024 | get 0.0003% / 1h | 16m 04s | $1.2M | $2.7M | 10x |
Bybit TTWOUSDT
QFEX TTWO-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
- $5.11
- Price spread: −0.005% → −0.083%
- $7.84
- Slippage, 4 orders
- −$280.74
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$288.79
- Costs to cover
- 3.017%
- Break-even
- 402.8 days
Slippage from Bybit: live order book, 5 min ago; QFEX: live order book, 12 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, 5 min ago | 5.70 bp | 64.9 bp −$65 | 210.3 bp −$2,103 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 12 min ago | 76.70 bp | 81.7 bp −$82 | 86.7 bp −$867 | doesn't fit | doesn't fit |
TTWO on 13 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 TTWOUSDT | 0.0000% | 8h | 210.67 | +0.017% | $2.3M | $966K | 25x | as long as short |
| Bybit TTWOUSDTlong | 0.0000% | 8h | 210.63 | long leg | $1.8M | $210K | 25x | |
| OKX TTWO-USDT-SWAP | 0.0000% | 8h | 210.68 | +0.024% | $326K | $81K | 25x | as long as short |
| Gate TTWO_USDT | 0.0000% | 8h | 210.50 | −0.062% | $715K | $12K | 20x | as long as short |
| Bitget TTWOUSDT | 0.0000% | 8h | 210.58 | −0.024% | $895K | $93K | 20x | as long as short |
| Variational Omni TTWO | 0.0000% | 8h | 210.56 | −0.035% | $81K | $56K | — | as long as short |
| QFEX TTWO-USDshort | +0.0024% | 1h | 210.62 | −0.005% | $1.2M | $2.7M | 10x | |
| Lighter TTWO | +0.0032% | 1h | 209.66 | −0.461% | — | — | 5x | as long as short |
| Extended TTWO-USD | +0.0040% | 1h | 209.89 | −0.351% | $75K | $2K | 10x | as long as short |
| KuCoin TTWOUSDTM | +0.0100% | 8h | 210.18 | −0.214% | $93K | $981K | 20x | as long as short |
Binance TTWOUSDT
OKX TTWO-USDT-SWAP
Gate TTWO_USDT
Bitget TTWOUSDT
Variational Omni TTWO
Lighter TTWO
Extended TTWO-USD
KuCoin TTWOUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TTWO-USDT | +0.0100% | 8h | 210.68 | +0.024% | $3K | $39K | 10x | as long as short |
| Ondo Perps TTWO-USD.P | +0.0320% | 1h | 210.37 | −0.123% | $328K | $207K | 10x | as long as short |
| Paragon para:TTWO | +0.0886% | 1h | 210.41 | −0.104% | $1.1M | $156K | 10x | as long as short |
HTX TTWO-USDT
Ondo Perps TTWO-USD.P
Paragon para:TTWO