Funding you earn now, next payment 01:00 UTC+0.0025%/8h= +2.8% APRpaid last 24h −0.024%
Price spread now: QFEX against Bybit−0.029%7-day average −0.086% · 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−$103as in the Price arb table
costs, in and out, $10k−$1091.090% of the position
Funding, last 3 days (all we have)−0.048%−$5 on $10k
+Price spread, last 7 days−0.091%−$9 · spread now −0.029%, 7d avg −0.086%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.058% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.086%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TTWOUSDT | 210.29 | 0 | get 0.0000% / 8h | 7h 45m | $1.8M | $276K | 25x |
| Short | QFEX TTWO-USD | 210.23 | 0.0025 | get 0.0003% / 1h | 45m 32s | $1.2M | $3.0M | 10x |
Bybit TTWOUSDT
QFEX TTWO-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
- $5.34
- Price spread: −0.029% → −0.086%
- $5.78
- Slippage, 4 orders
- −$88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$97.88
- Costs to cover
- 1.090%
- Break-even
- 135.3 days
Slippage from Bybit: live order book, 1 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, 1 min ago | 5.71 bp | 24.6 bp −$25 | 80.1 bp −$801 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 2.62 bp | 10.5 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
TTWO on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TTWOUSDTlong | 0.0000% | 8h | 210.29 | long leg | $1.8M | $276K | 25x | |
| Gate TTWO_USDT | 0.0000% | 8h | 210.20 | −0.043% | $714K | $13K | 20x | as long as short |
| Bitget TTWOUSDT | 0.0000% | 8h | 210.07 | −0.105% | $901K | $85K | 20x | as long as short |
| QFEX TTWO-USDshort | +0.0025% | 1h | 210.23 | −0.029% | $1.2M | $3.0M | 10x | |
| Lighter TTWO | +0.0032% | 1h | 209.66 | −0.300% | — | — | 5x | as long as short |
| Extended TTWO-USD | +0.0040% | 1h | 209.89 | −0.190% | $75K | $2K | 10x | as long as short |
| Ondo Perps TTWO-USD.P | +0.0050% | 1h | 209.87 | −0.200% | $334K | $211K | 10x | as long as short |
| KuCoin TTWOUSDTM | +0.0100% | 8h | 209.72 | −0.271% | $93K | $1.0M | 20x | as long as short |
| HTX TTWO-USDT | +0.0100% | 8h | 210.72 | +0.204% | $3K | $38K | 10x | as long as short |
| OKX TTWO-USDT-SWAP | +0.0136% | 8h | 210.30 | +0.005% | $326K | $89K | 25x | as long as short |
Gate TTWO_USDT
Bitget TTWOUSDT
Lighter TTWO
Extended TTWO-USD
Ondo Perps TTWO-USD.P
KuCoin TTWOUSDTM
HTX TTWO-USDT
OKX TTWO-USDT-SWAPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TTWO | +0.0468% | 8h | 210.20 | −0.044% | $80K | $55K | — | as long as short |
| Binance TTWOUSDT | +0.0535% | 8h | 210.23 | −0.028% | $2.3M | $946K | 25x | as long as short |
| Paragon para:TTWO | +0.1972% | 1h | 210.08 | −0.100% | $1.1M | $276K | 10x | as long as short |
Variational Omni TTWO
Binance TTWOUSDT
Paragon para:TTWO