Funding you earn now, next payment 00:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.022%
Price spread now: SunX against QFEX+0.040%7-day average +0.016% · 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−$140as in the Price arb table
costs, in and out, $10k−$1431.429% of the position
Funding, last 3 days (all we have)+0.086%+$9 on $10k
+Price spread, last 3 days (all we have)−0.004%$0 · spread now +0.040%, 7d avg +0.016%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.024% dearer against QFEX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX WDC-USD | 449.32 | 0.0069 | pay 0.0009% / 1h | 44m 12s | $1.1M | $3.9M | 10x |
| Short | SunX WDC-USDT | 449.50 | 0.0100 | get 0.0100% / 8h | 44m 12s | — | $2.7M | 10x |
QFEX WDC-USD
SunX WDC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $6.48
- Price spread: +0.040% → +0.016%
- $2.41
- Slippage, 4 orders
- −$124.86
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$133.96
- Costs to cover
- 1.429%
- Break-even
- 151.6 days
Slippage from QFEX: live order book, 4 min ago; SunX: 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 QFEX live order book, 4 min ago | 1.56 bp | 6.8 bp −$7 | 10.5 bp −$105 | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 45.59 bp | 65.1 bp −$65 | 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 WDCUSDC | −0.0179% | 4h | 449.63 | +0.070% | $50K | $231K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 449.43 | +0.025% | $20K | $105K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 449.28 | −0.009% | $6K | $140K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 449.36 | +0.009% | $7.7M | $25.5M | 20x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 449.30 | −0.004% | $2.0M | $2.9M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 449.48 | +0.036% | $1.2M | $1.2M | 20x | as long as short |
| GRVT WDC_USDT_Perp | 0.0000% | 8h | 449.69 | +0.082% | $715 | $177K | 10x | as long as short |
| BloFin WDC-USDT | +0.0024% | 8h | 449.65 | +0.073% | $145K | $93K | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 449.13 | −0.042% | — | — | 10x | as long as short |
| Bybit WDCUSDT | +0.0044% | 8h | 449.56 | +0.053% | $1.9M | $803K | 25x | as long as short |
edgeX WDCUSDC
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
GRVT WDC_USDT_Perp
BloFin WDC-USDT
Lighter WDC
Bybit WDCUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WDC-USDT-SWAP | +0.0047% | 8h | 449.65 | +0.073% | $2.2M | $4.1M | 20x | as long as short |
| QFEX WDC-USDlong | +0.0069% | 1h | 449.32 | long leg | $1.1M | $3.9M | 10x | |
| KuCoin WDCUSDTM | +0.0100% | 8h | 449.20 | −0.027% | $299K | $17K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 449.20 | −0.027% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDTshort | +0.0100% | 8h | 449.50 | +0.040% | — | $2.7M | 10x | |
| HTX WDC-USDT | +0.0100% | 8h | 449.58 | +0.058% | $33K | $9K | 10x | as long as short |
| tradeXYZ xyz:WDC | +0.0221% | 1h | 449.36 | +0.009% | $2.4M | $2.5M | 10x | as long as short |
OKX WDC-USDT-SWAP
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
HTX WDC-USDT
tradeXYZ xyz:WDC