Funding you earn now, next payment 07:00 UTC−0.0837%/8h= −91.6% APRpaid last 24h +0.093%
Price spread now: QFEX against edgeX−0.281%57s7-day average −0.244% · 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—prices read too far apart to compare
costs, in and out, $10k−$960.958% of the position
Funding, last 4 days (all we have)−0.085%−$8 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.281%, 7d avg −0.244%
=Together, before fees+0.057%+ Points / potential airdropedgeX: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and QFEX is 0.038% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.244%). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.085% in total (about -8.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX DJTUSDC | 9.0956 | 0.0837 | pay 0.0418% / 4h | 1h 17m | $124 | $239K | 10x |
| Short | QFEX DJT-USD | 9.0700 | 0 | get 0.0000% / 1h | 17m 57s | $1.1M | $97K | 10x |
edgeX DJTUSDC
QFEX DJT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against edgeX. 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
- −$175.68
- Price spread: −0.281% → −0.244%
- −$3.76
- Slippage, 4 orders
- −$76.83
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$275.26
- Costs to cover
- 0.958%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 24 min ago; QFEX: live order book, 3 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 edgeX live order book, 24 min ago | 6.05 bp | 15.9 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 11.02 bp | 37.5 bp −$38 | 48.0 bp −$480 | doesn't fit | doesn't fit |
DJT on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance DJTUSDT | 0.0000% | 8h | 9.0950 | −0.006% | $479K | $1.2M | 20x | as long as short |
| Bybit DJTUSDT | 0.0000% | 8h | 9.0900 | −0.061% | $48K | $65K | 25x | as long as short |
| QFEX DJT-USDshort | 0.0000% | 1h | 9.0700 | −0.281% | $1.1M | $97K | 10x | |
| Gate DJT_USDT | 0.0000% | 8h | 9.1000 | +0.049% | $28K | $8K | 20x | as long as short |
| Bitget DJTUSDT | 0.0000% | 8h | 9.0830 | −0.138% | $84K | $782K | 20x | as long as short |
| HTX DJT-USDT | 0.0000% | 8h | 9.1000 | +0.049% | $6K | $95K | 20x | as long as short |
| Phemex DJTUSDT | 0.0000% | 8h | 9.1000 | +0.049% | $454K | $90K | 20x | as long as short |
| edgeX DJTUSDClong | +0.0837% | 4h | 9.0956 | long leg | $124 | $239K | 10x |
Binance DJTUSDT
Bybit DJTUSDT
Gate DJT_USDT
Bitget DJTUSDT
HTX DJT-USDT
Phemex DJTUSDT