Funding you earn now, next payment 06:00 UTC−0.0476%/8h= −52.2% APRpaid last 24h −0.093%
Price spread now: edgeX against QFEX+0.025%57s7-day average +0.245% · 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—prices read too far apart to compare
costs, in and out, $10k−$910.912% of the position
Funding, last 4 days (all we have)+0.085%+$8 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now +0.025%, 7d avg +0.245%
=Together, before fees+0.199%+ Points / potential airdropedgeX: Active · farm board+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and edgeX is 0.220% cheaper against QFEX than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.245%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.085%, so the current rate has only just turned against you. 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 8.5% 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 | QFEX DJT-USD | 9.1000 | 0 | get 0.0000% / 1h | 46m 10s | $1.1M | $89K | 10x |
| Short | edgeX DJTUSDC | 9.1023 | −0.0476 | pay 0.0238% / 4h | 2h 46m | $124 | $239K | 10x |
QFEX DJT-USD
edgeX DJTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$100.03
- Price spread: +0.025% → +0.245%
- −$21.99
- Slippage, 4 orders
- −$72.23
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$213.25
- Costs to cover
- 0.912%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 5 min ago; edgeX: live order book, 1 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 | 10.99 bp | 26.7 bp −$27 | 34.6 bp −$346 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 1 min ago | 9.89 bp | 18.8 bp −$19 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX DJTUSDCshort | −0.0476% | 4h | 9.1023 | +0.025% | $124 | $239K | 10x | |
| Binance DJTUSDT | 0.0000% | 8h | 9.1034 | +0.037% | $464K | $1.2M | 20x | as long as short |
| Bybit DJTUSDT | 0.0000% | 8h | 9.1070 | +0.077% | $48K | $67K | 25x | as long as short |
| QFEX DJT-USDlong | 0.0000% | 1h | 9.1000 | long leg | $1.1M | $89K | 10x | |
| Gate DJT_USDT | 0.0000% | 8h | 9.1120 | +0.132% | $28K | $8K | 20x | as long as short |
| Bitget DJTUSDT | 0.0000% | 8h | 9.1020 | +0.022% | $85K | $800K | 20x | as long as short |
| HTX DJT-USDT | 0.0000% | 8h | 9.1000 | 0.000% | $6K | $85K | 20x | as long as short |
| Phemex DJTUSDT | 0.0000% | 8h | 9.1200 | +0.220% | $452K | $88K | 20x | as long as short |
Binance DJTUSDT
Bybit DJTUSDT
Gate DJT_USDT
Bitget DJTUSDT
HTX DJT-USDT
Phemex DJTUSDT