Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.175%
Price spread now: QFEX against Bybit−0.041%7-day average −0.057% · 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−$38as in the Price arb table
costs, in and out, $10k−$390.392% of the position
Funding, last 4 days (all we have)+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)+0.205%+$21 · spread now −0.041%, 7d avg −0.057%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IBITUSDT | 48.430 | 0 | get 0.0000% / 8h | 4h 37m | $122K | $760K | 25x |
| Short | QFEX IBIT-USD | 48.410 | 0 | get 0.0000% / 1h | 37m 18s | $1.2M | $6.8M | 10x |
Bybit IBITUSDT
QFEX IBIT-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: −0.041% → −0.057%
- $1.59
- Slippage, 4 orders
- −$18.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$37.57
- Costs to cover
- 0.392%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 18 min ago; QFEX: live order book, 12 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, 18 min ago | 2.06 bp | 11.5 bp −$11 | 28.1 bp −$281 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 12 min ago | 2.06 bp | 9.1 bp −$9 | 14.7 bp −$147 | doesn't fit | doesn't fit |
IBIT on 5 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 IBITUSDT | −0.0004% | 8h | 48.437 | +0.014% | $17K | $76K | 20x | as long as short |
| Bybit IBITUSDTlong | 0.0000% | 8h | 48.430 | long leg | $122K | $760K | 25x | |
| QFEX IBIT-USDshort | 0.0000% | 1h | 48.410 | −0.041% | $1.2M | $6.8M | 10x | |
| Gate IBIT_USDT | 0.0000% | 8h | 48.560 | +0.268% | $96K | $17K | 20x | as long as short |
| HTX IBIT-USDT | 0.0000% | 8h | 48.780 | +0.723% | $1K | $30K | 20x | as long as short |
Bitget IBITUSDT
Gate IBIT_USDT
HTX IBIT-USDT