Funding you earn now, next payment 01:00 UTC+0.0081%/8h= +8.9% APRnext payment +$0.10 per $10,000 · paid last 24h +0.013%
Price spread now: tradeXYZ against QFEX−0.035%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$450.450% of the position
Funding, last 3 days (all we have)+0.017%+$2 on $10k
+Price spread, last 7 days−0.007%−$1 · spread now −0.035%, 7d avg −0.019%
=Together, before fees+0.010%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX WDC-USD | 451.93 | 0.0031 | pay 0.0004% / 1h | 21m 59s | $1.1M | $3.9M | 10x |
| Short | tradeXYZ xyz:WDC | 451.77 | 0.0112 | get 0.0014% / 1h | 21m 59s | $2.4M | $2.2M | 10x |
QFEX WDC-USD
tradeXYZ xyz:WDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $17.03
- Price spread: −0.035% → −0.019%
- −$1.69
- Slippage, 4 orders
- −$16.98
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$29.64
- Costs to cover
- 0.450%
- Break-even
- 19.2 days
Slippage from QFEX: live order book, 6 min ago; tradeXYZ: 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 QFEX live order book, 6 min ago | 1.33 bp | 9.1 bp −$9 | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 1.77 bp | 12.7 bp −$13 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster WDCUSDT | 0.0000% | 8h | 451.63 | −0.067% | $11K | $115K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 452.15 | +0.048% | $3K | $130K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 452.24 | +0.069% | $7.6M | $25.0M | 20x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 452.00 | +0.015% | $2.0M | $2.6M | 50x | as long as short |
| BloFin WDC-USDT | +0.0005% | 8h | 452.18 | +0.055% | $102K | $94K | 20x | as long as short |
| QFEX WDC-USDlong | +0.0031% | 1h | 451.93 | long leg | $1.1M | $3.9M | 10x | |
| Lighter WDC | +0.0032% | 1h | 451.77 | −0.035% | — | — | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0057% | 8h | 452.28 | +0.077% | $2.2M | $4.0M | 20x | as long as short |
| Bitget WDCUSDT | +0.0076% | 8h | 452.27 | +0.075% | $1.2M | $1.1M | 20x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 451.76 | −0.038% | $301K | $16K | 20x | as long as short |
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Gate WDC_USDT
BloFin WDC-USDT
Lighter WDC
OKX WDC-USDT-SWAP
Bitget WDCUSDT
KuCoin WDCUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 451.94 | +0.002% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 452.10 | +0.038% | — | $2.6M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 452.83 | +0.199% | $34K | $8K | 10x | as long as short |
| tradeXYZ xyz:WDCshort | +0.0112% | 1h | 451.77 | −0.035% | $2.4M | $2.2M | 10x | |
| Bybit WDCUSDT | +0.0245% | 8h | 452.09 | +0.035% | $1.9M | $778K | 25x | as long as short |
| edgeX WDCUSDC | +0.0359% | 4h | 452.61 | +0.151% | $51K | $230K | 10x | as long as short |
| GRVT WDC_USDT_Perp | +0.0813% | 8h | 452.76 | +0.183% | $1K | $167K | 10x | as long as short |
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT
Bybit WDCUSDT
edgeX WDCUSDC
GRVT WDC_USDT_Perp