Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 16.780 | 0 | 0.0000% / 1h | 57m 45s | $252K | $59K | 30x | Long QFEX | |
| SHORT | 16.820 | +0.0048 | get 0.0048% / 8h | 1h 57m | $1.4M | $296K | 25x | Short Bybit |
Price gap+0.238%53s
Funding gap+0.0048% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 2.346% above its 7d average: +$235 more if it goes back.
The two prices were read 53 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2+0.0048% /8h now · paid +0.018% over the last 4 days (all we have)
Price—spread +0.238%53s now · prices read too far apart to compare
Costs−$2282.277% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
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+0.238%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hUVXY on 15 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size13.9 / 101.8 bpAt $10k entering Bybit costs 101.8 bp, fee and slippage, 7.3× QFEX’s.
- Note: Margin at max leverage$333 + $400QFEX 30x, 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: +$1.45Long QFEX: 24 payments, $0.00; short Bybit: 3 payments, +$1.45.
- Watch: Prices read 53 s apart+0.238% vs −2.107%Part of this gap may be the market moving.
- Watch: Long leg is thinner$252K vs $1.4M OIQFEX 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+0.0016%/8h × 21 periods+$3.31
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$206.69
Fee QFEX bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$224.39
price spread not counted: prices read too far apartCosts to cover2.277%Break-even481.7 days
Slippage: QFEX: live order book, 16 min ago; Bybit: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.9613.9 bp−$1421.9 bp−$219doesn’t fitdoesn’t fit
SELL · SHORTBybit2.96101.8 bp−$102242.4 bp−$2,424doesn’t fitdoesn’t fit
Closing costs about the same again.