Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.4% APRpaid last 24h −0.021%
Price spread now: QFEX against HTX−0.027%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.027% cheaper against HTX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX WDC-USDT | 451.03 | 0.0100 | pay 0.0100% / 8h | 5h 12m | $33K | $8K | 10x |
| Short | QFEX WDC-USD | 450.91 | 0.0050 | get 0.0006% / 1h | 12m 47s | $1.1M | $3.5M | 10x |
HTX WDC-USDT
QFEX WDC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against HTX. 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
- −$10.4
- Price spread: −0.027% → 0.000%
- −$2.66
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$35.06
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; QFEX: live order book, 5 min ago. Net counts fees only.
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 HTX no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 5 min ago | 1.55 bp | 6.6 bp −$7 | 9.5 bp −$95 | doesn't fit | doesn't fit |
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX WDCUSDC | −0.0844% | 4h | 450.81 | −0.048% | $50K | $231K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 450.63 | −0.088% | $11K | $115K | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 451.12 | +0.020% | $2.0M | $817K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 451.00 | −0.007% | $1.9M | $2.5M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 450.99 | −0.009% | $1.2M | $1.1M | 20x | as long as short |
| BloFin WDC-USDT | +0.0014% | 8h | 451.06 | +0.007% | $102K | $94K | 20x | as long as short |
| Extended WDC-USD | +0.0024% | 1h | 451.00 | −0.006% | $5K | $134K | 10x | as long as short |
| Binance WDCUSDT | +0.0025% | 8h | 451.12 | +0.020% | $7.5M | $24.7M | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 450.52 | −0.113% | — | — | 10x | as long as short |
| tradeXYZ xyz:WDC | +0.0050% | 1h | 450.67 | −0.080% | $2.4M | $2.1M | 10x | as long as short |
edgeX WDCUSDC
Aster WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
BloFin WDC-USDT
Extended WDC-USD
Binance WDCUSDT
Lighter WDC
tradeXYZ xyz:WDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX WDC-USDshort | +0.0050% | 1h | 450.91 | −0.027% | $1.1M | $3.5M | 10x | |
| KuCoin WDCUSDTM | +0.0100% | 8h | 451.00 | −0.007% | $278K | $44K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 450.81 | −0.049% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 451.00 | −0.007% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDTlong | +0.0100% | 8h | 451.03 | long leg | $33K | $8K | 10x | |
| OKX WDC-USDT-SWAP | +0.0107% | 8h | 451.44 | +0.091% | $2.2M | $3.9M | 20x | as long as short |
| GRVT WDC_USDT_Perp | +0.0308% | 8h | 450.85 | −0.040% | $537 | $157K | 10x | as long as short |
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
OKX WDC-USDT-SWAP
GRVT WDC_USDT_Perp