Funding you earn now, next payment 03:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h +0.008%
Price spread now: QFEX against Bybit+0.012%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$582as in the Price arb table
costs, in and out, $10k−$5845.835% of the position
Funding, last 4 days (all we have)+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.012%, 7d avg −0.003%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit COSTUSDT | 898.53 | 0 | get 0.0000% / 8h | 5h 47m | $491K | $218K | 25x |
| Short | QFEX COST-USD | 898.64 | 0.0005 | get 0.0001% / 1h | 47m 39s | $1.1M | $2.9M | 10x |
Bybit COSTUSDT
QFEX COST-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
- $0.97
- Price spread: +0.012% → −0.003%
- $1.5
- Slippage, 4 orders
- −$562.55
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$581.07
- Costs to cover
- 5.835%
- Break-even
- 4181.3 days
Slippage from Bybit: live order book, 7 min ago; QFEX: live order book, 5 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, 7 min ago | 8.06 bp | 14.4 bp −$14 | 48.1 bp −$481 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 251.15 bp | 256.3 bp −$256 | 261.1 bp −$2,611 | doesn't fit | doesn't fit |
COST on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COSTUSDT | 0.0000% | 8h | 898.76 | +0.026% | $45K | $178 | 20x | as long as short |
| Bybit COSTUSDTlong | 0.0000% | 8h | 898.53 | long leg | $491K | $218K | 25x | |
| OKX COST-USDT-SWAP | 0.0000% | 8h | 899.38 | +0.095% | $444K | $106K | 10x | as long as short |
| Gate COST_USDT | 0.0000% | 8h | 898.83 | +0.033% | $520K | $8K | 25x | as long as short |
| Bitget COSTUSDT | 0.0000% | 8h | 898.59 | +0.007% | $403K | $110K | 25x | as long as short |
| SunX COST-USDT | 0.0000% | 8h | 898.20 | −0.037% | $2K | $3.0M | 10x | as long as short |
| HTX COST-USDT | 0.0000% | 8h | 900.12 | +0.177% | $10K | $42K | 10x | as long as short |
| QFEX COST-USDshort | +0.0005% | 1h | 898.64 | +0.012% | $1.1M | $2.9M | 10x | |
| Injective COST/USDC PERP | +0.0033% | 1h | 891.98 | −0.729% | $2K | $28K | 12x | as long as short |
| Extended COST-USD | +0.0040% | 1h | 898.25 | −0.031% | — | — | 10x | as long as short |
Aster COSTUSDT
OKX COST-USDT-SWAP
Gate COST_USDT
Bitget COSTUSDT
SunX COST-USDT
HTX COST-USDT
Injective COST/USDC PERP
Extended COST-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest COST-USD-PERP | +0.0046% | 1h | 898.59 | +0.007% | — | — | 25x | as long as short |
| tradeXYZ xyz:COST | +0.0050% | 1h | 898.63 | +0.011% | $1.8M | $515K | 20x | as long as short |
| Variational Omni COST | +0.0098% | 8h | 898.46 | −0.008% | $42K | $17K | — | as long as short |
| KuCoin COSTUSDTM | +0.0100% | 8h | 898.70 | +0.019% | $47K | $871K | 20x | as long as short |
| Binance COSTUSDT | +0.0209% | 8h | 898.88 | +0.039% | $1.1M | $926K | 20x | as long as short |
Vest COST-USD-PERP
tradeXYZ xyz:COST
Variational Omni COST
KuCoin COSTUSDTM
Binance COSTUSDT