Funding you earn now, next payment 02:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h +0.009%
Price spread now: QFEX against Binance−0.004%7-day average −0.019% · 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−$38as in the Price arb table
costs, in and out, $10k−$400.396% of the position
Funding, last 3 days (all we have)−0.021%−$2 on $10k
+Price spread, last 2 days (all we have)0.000%$0 · spread now −0.004%, 7d avg −0.019%
=The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WDCUSDT | 450.97 | 0 | get 0.0000% / 8h | 6h 46m | $7.6M | $24.9M | 20x |
| Short | QFEX WDC-USD | 450.95 | 0.0062 | get 0.0008% / 1h | 46m 30s | $1.1M | $3.8M | 10x |
Binance WDCUSDT
QFEX WDC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Binance. 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
- $13.05
- Price spread: −0.004% → −0.019%
- $1.51
- Slippage, 4 orders
- −$19.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$25.04
- Costs to cover
- 0.396%
- Break-even
- 20.4 days
Slippage from Binance: live order book, 10 min ago; QFEX: live order book, 12 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 Binance live order book, 10 min ago | 1.77 bp | 13.7 bp −$14 | 39.3 bp −$393 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 12 min ago | 1.33 bp | 8.7 bp −$9 | 12.2 bp −$122 | doesn't fit | doesn't fit |
WDC on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster WDCUSDT | 0.0000% | 8h | 450.73 | −0.052% | $11K | $115K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 451.03 | +0.014% | $4K | $133K | 10x | as long as short |
| Binance WDCUSDTlong | 0.0000% | 8h | 450.97 | long leg | $7.6M | $24.9M | 20x | |
| Bybit WDCUSDT | 0.0000% | 8h | 451.11 | +0.031% | $2.0M | $816K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 451.00 | +0.007% | $2.0M | $2.6M | 50x | as long as short |
| BloFin WDC-USDT | +0.0021% | 8h | 451.82 | +0.188% | $146K | $94K | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 450.76 | −0.047% | — | — | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0059% | 8h | 451.04 | +0.016% | $2.2M | $4.0M | 20x | as long as short |
| QFEX WDC-USDshort | +0.0062% | 1h | 450.95 | −0.004% | $1.1M | $3.8M | 10x | |
| edgeX WDCUSDC | +0.0066% | 4h | 451.52 | +0.123% | $50K | $231K | 10x | as long as short |
Aster WDCUSDT
Extended WDC-USD
Bybit WDCUSDT
Gate WDC_USDT
BloFin WDC-USDT
Lighter WDC
OKX WDC-USDT-SWAP
edgeX WDCUSDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:WDC | +0.0081% | 1h | 450.75 | −0.049% | $2.4M | $2.2M | 10x | as long as short |
| Bitget WDCUSDT | +0.0091% | 8h | 451.06 | +0.020% | $1.2M | $1.1M | 20x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 450.88 | −0.020% | $277K | $44K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 450.83 | −0.031% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 450.90 | −0.016% | — | $2.6M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 451.75 | +0.173% | $33K | $8K | 10x | as long as short |
| GRVT WDC_USDT_Perp | +0.0713% | 8h | 451.56 | +0.131% | $867 | $161K | 10x | as long as short |
tradeXYZ xyz:WDC
Bitget WDCUSDT
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT
GRVT WDC_USDT_Perp