Funding you earn now, next payment 00:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h −0.030%
Price spread now: QFEX against BloFin−0.040%7-day average −0.026% · 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−$35as in the Price arb table
costs, in and out, $10k−$340.340% of the position
Funding, last 3 days (all we have)−0.022%−$2 on $10k
+Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.040%, 7d avg −0.026%
=The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin WDC-USDT | 449.24 | 0.0025 | pay 0.0025% / 8h | 19m 59s | $146K | $94K | 20x |
| Short | QFEX WDC-USD | 449.06 | 0.0069 | get 0.0009% / 1h | 19m 59s | $1.1M | $3.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against BloFin. 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
- $9.29
- Price spread: −0.040% → −0.026%
- −$1.43
- Slippage, 4 orders
- −$11.99
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$26.13
- Costs to cover
- 0.340%
- Break-even
- 26.7 days
Slippage from BloFin: live order book, 41 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 BloFin live order book, 41 min ago | 0.22 bp | 9.0 bp −$9 | 14.4 bp −$144 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.11 bp | 7.2 bp −$7 | 11.0 bp −$110 | 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 | 449.17 | −0.016% | $20K | $105K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 449.05 | −0.041% | $6K | $140K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 449.20 | −0.008% | $7.7M | $25.6M | 20x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 449.00 | −0.053% | $2.0M | $2.9M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 449.12 | −0.027% | $1.2M | $1.2M | 20x | as long as short |
| GRVT WDC_USDT_Perp | 0.0000% | 8h | 449.19 | −0.011% | $858 | $173K | 10x | as long as short |
| BloFin WDC-USDTlong | +0.0025% | 8h | 449.24 | long leg | $146K | $94K | 20x | |
| Lighter WDC | +0.0032% | 1h | 448.83 | −0.091% | — | — | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0035% | 8h | 449.26 | +0.004% | $2.2M | $4.1M | 20x | as long as short |
| Bybit WDCUSDT | +0.0055% | 8h | 449.27 | +0.007% | $1.9M | $803K | 25x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX WDC-USDshort | +0.0069% | 1h | 449.06 | −0.040% | $1.1M | $3.9M | 10x | |
| KuCoin WDCUSDTM | +0.0100% | 8h | 449.02 | −0.049% | $299K | $17K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 448.92 | −0.071% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 449.10 | −0.031% | — | $2.7M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 449.25 | +0.002% | $33K | $9K | 10x | as long as short |
| tradeXYZ xyz:WDC | +0.0105% | 1h | 448.96 | −0.062% | $2.4M | $2.5M | 10x | as long as short |
| edgeX WDCUSDC | +0.0278% | 4h | 449.08 | −0.036% | $50K | $230K | 10x | as long as short |
BloFin WDC-USDT
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
GRVT WDC_USDT_Perp
Lighter WDC
OKX WDC-USDT-SWAP
Bybit WDCUSDT
KuCoin WDCUSDTM
SunX WDC-USDT
HTX WDC-USDT
tradeXYZ xyz:WDC
edgeX WDCUSDC