Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.024%
Price spread now: QFEX against Bybit−0.475%7-day average −0.107% · 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−$483as in the Price arb table
costs, in and out, $10k−$4474.466% of the position
Funding, last 1 day (all we have)−0.024%−$2 on $10k
+Price spread, last 1 day (all we have)+0.293%+$29 · spread now −0.475%, 7d avg −0.107%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.368% cheaper against Bybit than usual: you would sell low and buy high, −$37 on $10k if it goes back to its 7-day average of −0.107%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CYPHUSDT | 3.3660 | 0 | get 0.0000% / 8h | 2h 45m | $29K | $383K | 25x |
| Short | QFEX CYPH-USD | 3.3500 | 0 | get 0.0000% / 1h | 45m 14s | $2.0M | $336K | 10x |
Bybit CYPHUSDT
QFEX CYPH-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
- Price spread: −0.475% → −0.107%
- −$36.8
- Slippage, 4 orders
- −$425.58
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$483.38
- Costs to cover
- 4.466%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 50 min ago; QFEX: live order book, 2 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, 50 min ago | 8.90 bp | 116.9 bp −$117 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 89.29 bp | 121.9 bp −$122 | 123.8 bp −$1,238 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CYPHUSDT | −0.0278% | 8h | 3.3625 | −0.104% | $47K | $626K | 20x | as long as short |
| Bybit CYPHUSDTlong | 0.0000% | 8h | 3.3660 | long leg | $29K | $383K | 25x | |
| QFEX CYPH-USDshort | 0.0000% | 1h | 3.3500 | −0.475% | $2.0M | $336K | 10x | |
| Gate CYPH_USDT | 0.0000% | 8h | 3.3780 | +0.357% | $35K | $55K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.3640 | −0.059% | — | $4.6M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.3660 | 0.000% | $7K | $360K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.3690 | +0.089% | $139K | $235K | 10x | as long as short |
| Binance CYPHUSDT | +0.0116% | 8h | 3.3670 | +0.030% | $241K | $2.8M | 20x | as long as short |
| Aftermath Perps CYPHUSD | +0.2357% | 1h | 3.5647 | +5.905% | $529 | $20K | 3x | as long as short |
Bitget CYPHUSDT
Gate CYPH_USDT
SunX CYPH-USDT
HTX CYPH-USDT
Phemex CYPHUSDT
Binance CYPHUSDT
Aftermath Perps CYPHUSD