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

DJT

RWAall DJT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against QFEX+0.330%7-day average +0.244% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$708as in the Price arb table
costs, in and out, $10k−$7177.170% 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)−0.160%−$16 · spread now +0.330%, 7d avg +0.244%
Together, before fees−0.160%−$16 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: Phemex is 0.086% dearer against QFEX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.244%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX DJT-USD9.09000get 0.0000% / 1h53m 17s$1.1M$97K10x
ShortPhemex DJTUSDT9.12000get 0.0000% / 8h1h 53m$453K$89K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against QFEX. 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: +0.330% → +0.244%
$8.59
Slippage, 4 orders
−$694.97
Fee QFEX: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$708.38
Costs to cover
7.170%
Break-even
never at this rate
Slippage from QFEX: live order book, 3 min ago; Phemex: live order book, 54 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 QFEX live order book, 3 min ago236.65 bp241.7 bp −$242258.8 bp −$2,588doesn't fitdoesn't fit
Sell Phemex live order book, 54 min ago5.48 bp125.8 bp −$126doesn't fitdoesn't fitdoesn't fit

DJT on 8 venues

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%8h9.1006+0.116%$474K$1.2M20xas long as short
Bybit DJTUSDT0.0000%8h9.0950+0.055%$48K$66K25xas long as short
QFEX DJT-USDlong0.0000%1h9.0900long leg$1.1M$97K10x
Gate DJT_USDT0.0000%8h9.1100+0.220%$28K$8K20xas long as short
Bitget DJTUSDT0.0000%8h9.0980+0.088%$84K$782K20xas long as short
HTX DJT-USDT0.0000%8h9.1000+0.110%$6K$91K20xas long as short
Phemex DJTUSDTshort0.0000%8h9.1200+0.330%$453K$89K20x
edgeX DJTUSDC+0.0499%4h9.0992+0.102%$124$239K10xas long as short