Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.277%
Price spread now: QFEX against Bitget−0.317%7-day average −0.650% · 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−$225as in the Price arb table
costs, in and out, $10k−$2582.584% of the position
Funding, last 3 days (all we have)+0.231%+$23 on $10k
+Price spread, last 4 days (all we have)+0.500%+$50 · spread now −0.317%, 7d avg −0.650%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.333% dearer against Bitget than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of −0.650%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CYPHUSDT | 3.4409 | 0 | get 0.0000% / 8h | 3h 31m | $51K | $555K | 20x |
| Short | QFEX CYPH-USD | 3.4300 | 0 | get 0.0000% / 1h | 31m 51s | $2.0M | $390K | 10x |
Bitget CYPHUSDT
QFEX CYPH-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bitget. 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
- Price spread: −0.317% → −0.650%
- $33.33
- Slippage, 4 orders
- −$236.37
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$225.04
- Costs to cover
- 2.584%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 13 min ago; QFEX: live order book, 6 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 Bitget live order book, 13 min ago | 10.16 bp | 44.0 bp −$44 | 49.0 bp −$490 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 14.68 bp | 45.7 bp −$46 | 48.7 bp −$487 | doesn't fit | doesn't fit |
CYPH on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps CYPHUSD | −0.0066% | 1h | 3.3730 | −1.973% | $485 | $24K | 3x | as long as short |
| Bybit CYPHUSDT | 0.0000% | 8h | 3.4510 | +0.294% | $19K | $175K | 25x | as long as short |
| QFEX CYPH-USDshort | 0.0000% | 1h | 3.4300 | −0.317% | $2.0M | $390K | 10x | |
| Gate CYPH_USDT | 0.0000% | 8h | 3.4300 | −0.317% | $39K | $103K | 20x | as long as short |
| Bitget CYPHUSDTlong | 0.0000% | 8h | 3.4409 | long leg | $51K | $555K | 20x | |
| SunX CYPH-USDT | 0.0000% | 8h | 3.4480 | +0.206% | — | $6.0M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.4510 | +0.294% | $4K | $356K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.4440 | +0.090% | $115K | $237K | 10x | as long as short |
| Binance CYPHUSDT | +0.0619% | 8h | 3.4440 | +0.090% | $211K | $2.9M | 20x | as long as short |
Aftermath Perps CYPHUSD
Bybit CYPHUSDT
Gate CYPH_USDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT