Funding you earn now, next payment 05:00 UTC−0.0823%/8h= −90.1% APRpaid last 24h −0.003%
Price spread now: edgeX against QFEX+0.292%57s7-day average +0.006% · 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—prices read too far apart to compare
costs, in and out, $10k−$360.357% of the position
Funding, last 4 days (all we have)+0.089%+$9 on $10k
+Price spread, last 4 days (all we have)−0.342%−$34 · spread now +0.292%, 7d avg +0.006%
=Together, before fees−0.253%+ Points / potential airdropedgeX: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.286% dearer against QFEX than usual: you sell high and buy low (spread +0.292% now, against its 7-day average of +0.006%): +$29 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 28 hours. Mind the row above: over the last 4 days funding on this pair paid +0.089%, so the current rate has only just turned against you. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.089% in total (about 9.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX WDC-USD | 448.23 | 0.0037 | pay 0.0005% / 1h | 48m 19s | $1.1M | $3.4M | 10x |
| Short | edgeX WDCUSDC | 449.54 | −0.0786 | pay 0.0393% / 4h | 3h 48m | $50K | $230K | 10x |
QFEX WDC-USD
edgeX WDCUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against QFEX. 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
- −$172.86
- Price spread: +0.292% → +0.006%
- $28.57
- Slippage, 4 orders
- −$16.69
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$179.99
- Costs to cover
- 0.357%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 5 min ago; edgeX: live order book, 4 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 QFEX live order book, 5 min ago | 1.34 bp | 7.8 bp −$8 | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 4 min ago | 2.00 bp | 11.0 bp −$11 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX WDCUSDCshort | −0.0786% | 4h | 449.54 | +0.292% | $50K | $230K | 10x | |
| Aster WDCUSDT | 0.0000% | 8h | 448.24 | +0.003% | $11K | $115K | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 448.58 | +0.078% | $1.9M | $838K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 448.40 | +0.038% | $1.9M | $2.4M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 448.59 | +0.080% | $1.1M | $1.1M | 20x | as long as short |
| BloFin WDC-USDT | +0.0031% | 8h | 448.42 | +0.042% | $146K | $94K | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 447.92 | −0.069% | — | — | 10x | as long as short |
| Extended WDC-USD | +0.0032% | 1h | 448.53 | +0.067% | $4K | $132K | 10x | as long as short |
| Binance WDCUSDT | +0.0036% | 8h | 448.62 | +0.087% | $7.4M | $24.8M | 20x | as long as short |
| QFEX WDC-USDlong | +0.0037% | 1h | 448.23 | long leg | $1.1M | $3.4M | 10x |
Aster WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
BloFin WDC-USDT
Lighter WDC
Extended WDC-USD
Binance WDCUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:WDC | +0.0050% | 1h | 448.25 | +0.004% | $2.4M | $2.1M | 10x | as long as short |
| GRVT WDC_USDT_Perp | +0.0088% | 8h | 449.80 | +0.349% | $531 | $156K | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 448.33 | +0.022% | $275K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 448.45 | +0.049% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 448.70 | +0.105% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 448.87 | +0.143% | $33K | $8K | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0146% | 8h | 448.55 | +0.071% | $2.1M | $3.9M | 20x | as long as short |
tradeXYZ xyz:WDC
GRVT WDC_USDT_Perp
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT
OKX WDC-USDT-SWAP