Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.024%
Price spread now: Bybit against QFEX0.000%7-day average +0.107% · 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−$311as in the Price arb table
costs, in and out, $10k−$3003.000% of the position
Funding, last 1 day (all we have)+0.024%+$2 on $10k
+Price spread, last 1 day (all we have)+0.182%+$18 · spread now 0.000%, 7d avg +0.107%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.107% cheaper against QFEX than usual: you would sell low and buy high, −$11 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 | QFEX CYPH-USD | 3.3600 | 0 | get 0.0000% / 1h | 46m 56s | $2.0M | $336K | 10x |
| Short | Bybit CYPHUSDT | 3.3600 | 0 | get 0.0000% / 8h | 2h 46m | $29K | $383K | 25x |
QFEX CYPH-USD
Bybit CYPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against QFEX. 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: 0.000% → +0.107%
- −$10.73
- Slippage, 4 orders
- −$278.97
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$310.7
- Costs to cover
- 3.000%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 5 min ago; Bybit: live order book, 48 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 QFEX live order book, 5 min ago | 29.76 bp | 62.3 bp −$62 | 64.3 bp −$643 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 48 min ago | 8.90 bp | 86.0 bp −$86 | doesn't fit | 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 | −0.0251% | 8h | 3.3670 | +0.208% | $48K | $626K | 20x | as long as short |
| Bybit CYPHUSDTshort | 0.0000% | 8h | 3.3600 | 0.000% | $29K | $383K | 25x | |
| QFEX CYPH-USDlong | 0.0000% | 1h | 3.3600 | long leg | $2.0M | $336K | 10x | |
| Gate CYPH_USDT | 0.0000% | 8h | 3.3760 | +0.476% | $35K | $55K | 20x | as long as short |
| SunX CYPH-USDT | 0.0000% | 8h | 3.3580 | −0.060% | — | $4.6M | 10x | as long as short |
| HTX CYPH-USDT | 0.0000% | 8h | 3.3580 | −0.060% | $7K | $360K | 20x | as long as short |
| Phemex CYPHUSDT | 0.0000% | 8h | 3.3620 | +0.060% | $138K | $234K | 10x | as long as short |
| Binance CYPHUSDT | +0.0121% | 8h | 3.3581 | −0.056% | $240K | $2.8M | 20x | as long as short |
| Aftermath Perps CYPHUSD | +0.2357% | 1h | 3.5647 | +6.094% | $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