Funding you earn now, next payment 09:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.012%
Price spread now: QFEX against Gate+0.054%7-day average −0.047% · 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−$56as in the Price arb table
costs, in and out, $10k−$670.666% of the position
Funding, last 4 days (all we have)+0.020%+$2 on $10k
+Price spread, last 7 days−0.070%−$7 · spread now +0.054%, 7d avg −0.047%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.101% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WDC_USDT | 441.20 | 0 | get 0.0000% / 8h | 7h 46m | $1.9M | $2.3M | 50x |
| Short | QFEX WDC-USD | 441.44 | 0.0028 | get 0.0004% / 1h | 46m 53s | $1.1M | $3.0M | 10x |
Gate WDC_USDT
QFEX WDC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Gate. 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
- $5.9
- Price spread: +0.054% → −0.047%
- $10.11
- Slippage, 4 orders
- −$41.57
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$50.56
- Costs to cover
- 0.666%
- Break-even
- 67.0 days
Slippage from Gate: live order book, 1 min ago; QFEX: live order book, 6 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 Gate live order book, 1 min ago | 2.26 bp | 22.0 bp −$22 | 131.1 bp −$1,311 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 2.83 bp | 7.8 bp −$8 | 12.9 bp −$129 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget WDCUSDT | −0.0345% | 8h | 441.07 | −0.029% | $1.1M | $1.1M | 20x | as long as short |
| edgeX WDCUSDC | −0.0298% | 4h | 441.41 | +0.047% | $49K | $230K | 10x | as long as short |
| tradeXYZ xyz:WDC | −0.0076% | 1h | 441.28 | +0.018% | $2.3M | $2.1M | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 441.06 | −0.031% | $10K | $136K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 440.97 | −0.053% | $2K | $188K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 441.04 | −0.035% | $7.2M | $25.7M | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 441.21 | +0.002% | $1.9M | $706K | 25x | as long as short |
| OKX WDC-USDT-SWAP | 0.0000% | 8h | 441.28 | +0.018% | $2.0M | $4.3M | 20x | as long as short |
| Gate WDC_USDTlong | 0.0000% | 8h | 441.20 | long leg | $1.9M | $2.3M | 50x | |
| GRVT WDC_USDT_Perp | 0.0000% | 8h | 441.15 | −0.012% | $512 | $145K | 10x | as long as short |
Bitget WDCUSDT
edgeX WDCUSDC
tradeXYZ xyz:WDC
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Bybit WDCUSDT
OKX WDC-USDT-SWAP
GRVT WDC_USDT_PerpShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin WDC-USDT | +0.0021% | 8h | 441.33 | +0.029% | $140K | $95K | 20x | as long as short |
| QFEX WDC-USDshort | +0.0028% | 1h | 441.44 | +0.054% | $1.1M | $3.0M | 10x | |
| Lighter WDC | +0.0032% | 1h | 441.27 | +0.016% | — | — | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 440.81 | −0.088% | $272K | $77K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 441.28 | +0.018% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 441.40 | +0.045% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 441.88 | +0.154% | $33K | $9K | 20x | as long as short |
BloFin WDC-USDT
Lighter WDC
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT