Settings8H · net · $10k
Funding arb · Price arb /

DJT

RWAall DJT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Phemex+0.220%7-day average −0.233% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$379as in the Price arb table
costs, in and out, $10k−$4244.240% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.371%−$37 · spread now +0.220%, 7d avg −0.233%
Together, before fees−0.371%−$37 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.452% dearer against Phemex than usual: you sell high and buy low, +$45 on $10k if it goes back to its 7-day average of −0.233%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex DJTUSDT9.10000get 0.0000% / 8h5h 45m$460K$102K20x
ShortQFEX DJT-USD9.12000get 0.0000% / 1h45m 49s$1.2M$147K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Phemex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.220% → −0.233%
$45.24
Slippage, 4 orders
−$402
Fee Phemex: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$378.76
Costs to cover
4.240%
Break-even
never at this rate
Slippage from Phemex: live order book, 64 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
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 64 min ago10.99 bp111.7 bp −$112doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago87.72 bp103.3 bp −$103117.3 bp −$1,173doesn't fitdoesn't fit

DJT on 8 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DJTUSDT0.0000%8h9.1043+0.047%$485K$1.4M20xas long as short
Bybit DJTUSDT0.0000%8h9.1030+0.033%$47K$60K25xas long as short
QFEX DJT-USDshort0.0000%1h9.1200+0.220%$1.2M$147K10x
Gate DJT_USDT0.0000%8h9.1110+0.121%$28K$8K20xas long as short
Bitget DJTUSDT0.0000%8h9.1070+0.077%$81K$761K20xas long as short
HTX DJT-USDT0.0000%8h9.1100+0.110%$6K$103K20xas long as short
Phemex DJTUSDTlong0.0000%8h9.1000long leg$460K$102K20x
edgeX DJTUSDC+0.0199%4h9.1039+0.043%$409$241K10xas long as short