Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 53.940 | +0.0214 | pay 0.0214% / 8h | 3h 12m | $77K | $6K | 25x | Long Bybit | |
| SHORT | 53.670 | 0 | 0.0000% / 1h | 12m 10s | $1.1M | $1.7M | 30x | Short QFEX10% off |
Price gap−0.501%
Funding gap−0.0214% /8h
Both sides work against this direction now: funding costs $6 a day on $10k and the gap is 0.501% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$56−0.0214% /8h now · paid −0.558% over the last 7D
Price—spread −0.501% now · no price history on both exchanges yet
Costsno datano order book for Bybit
Result, before costs—no pointsneeds both price histories
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.501%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hXLF on 4 exchanges
lowest funding firstBefore you open
0 ok · 3 to watch- Note: Order book unknown—No order-book sample for Bybit: its slippage is not counted.
- Note: Margin at max leverage$400 + $333Bybit 25x, QFEX 30x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$6.41Long Bybit: 3 payments, −$6.41; short QFEX: 24 payments, $0.00.
- Note: No 7-day spread history−0.501%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$77K vs $1.1M OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · QFEX NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0266%/8h × 21 periods−$55.77
Price spread−0.501% → 0−$50.06
Slippage, 4 ordersno data for Bybit—
Fee Bybit bp × 2 orders−$11.00
Fee QFEX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$126.82
Costs to cover0.210%Break-evennever at this rate
Slippage: Bybit: no order-book sample; QFEX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit—————
SELL · SHORTQFEX2.7913.3 bp−$1315.3 bp−$153doesn’t fitdoesn’t fit
Closing costs about the same again.
Bybit: no data.
