Funding you earn now, next payment 01:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.04 per $10,000 · paid last 24h +0.002%
Price spread now: Extended against QFEX+0.040%7-day average −0.012% · 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−$44as in the Price arb table
costs, in and out, $10k−$490.493% of the position
Funding, last 3 days (all we have)−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.040%, 7d avg −0.012%
=Together, before fees−0.094%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.052% dearer against QFEX than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of −0.012%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.7 days. At the pace of the last 3 days (−0.005% in total) that is about 35 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX WDC-USD | 449.73 | 0.0031 | pay 0.0004% / 1h | 54m 08s | $1.1M | $4.0M | 10x |
| Short | Extended WDC-USD | 449.91 | 0 | get 0.0000% / 1h | 54m 08s | $6K | $136K | 10x |
QFEX WDC-USD
Extended WDC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$6.47
- Price spread: +0.040% → −0.012%
- $5.24
- Slippage, 4 orders
- −$34.3
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$50.52
- Costs to cover
- 0.493%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 9 min ago; Extended: live order book, 16 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, 9 min ago | 1.34 bp | 6.3 bp −$6 | 10.3 bp −$103 | doesn't fit | doesn't fit |
| Sell Extended live order book, 16 min ago | 4.24 bp | 17.6 bp −$18 | 149.6 bp −$1,496 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin WDC-USDT | −0.0024% | 8h | 449.74 | +0.002% | $145K | $94K | 20x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 449.64 | −0.019% | $11K | $115K | 20x | as long as short |
| Extended WDC-USDshort | 0.0000% | 1h | 449.91 | +0.040% | $6K | $136K | 10x | |
| Binance WDCUSDT | 0.0000% | 8h | 450.01 | +0.062% | $7.7M | $25.4M | 20x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 449.80 | +0.016% | $2.0M | $2.6M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 449.86 | +0.029% | $1.2M | $1.2M | 20x | as long as short |
| GRVT WDC_USDT_Perp | 0.0000% | 8h | 449.60 | −0.029% | $1K | $171K | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0012% | 8h | 450.13 | +0.089% | $2.2M | $4.1M | 20x | as long as short |
| QFEX WDC-USDlong | +0.0031% | 1h | 449.73 | long leg | $1.1M | $4.0M | 10x | |
| Lighter WDC | +0.0032% | 1h | 449.62 | −0.024% | — | — | 10x | as long as short |
BloFin WDC-USDT
Aster WDCUSDT
Binance WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
GRVT WDC_USDT_Perp
OKX WDC-USDT-SWAP
Lighter WDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin WDCUSDTM | +0.0100% | 8h | 449.78 | +0.011% | $300K | $17K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 449.78 | +0.011% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 449.90 | +0.038% | — | $2.6M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 449.67 | −0.013% | $33K | $9K | 10x | as long as short |
| tradeXYZ xyz:WDC | +0.0145% | 1h | 449.47 | −0.058% | $2.4M | $2.2M | 10x | as long as short |
| edgeX WDCUSDC | +0.0287% | 4h | 449.56 | −0.039% | $50K | $230K | 10x | as long as short |
| Bybit WDCUSDT | +0.0461% | 8h | 449.92 | +0.042% | $1.9M | $787K | 25x | as long as short |
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT
tradeXYZ xyz:WDC
edgeX WDCUSDC
Bybit WDCUSDT