Settings8H · net · $10k
Funding arb · Price arb /

WDC

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h −0.018%
Price spread now: QFEX against SunX−0.027%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1431.430% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.100%−$10 on $10k
Price spread, last 4 days (all we have)−0.079%−$8 · spread now −0.027%, 7d avg −0.019%
Together, before fees−0.179%−$18 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX WDC-USDT442.200.0100pay 0.0100% / 8h6h 59m$2.1M10x
ShortQFEX WDC-USD442.080.0028get 0.0004% / 1h59m 21s$1.1M$3.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$15.1
Price spread: −0.027% → −0.019%
−$0.85
Slippage, 4 orders
−$124.98
Fee SunX: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$158.93
Costs to cover
1.430%
Break-even
never at this rate
Slippage from SunX: live order book, 7 min ago; QFEX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 7 min ago45.24 bp64.0 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago1.81 bp7.0 bp −$712.5 bp −$125doesn't fitdoesn't fit

WDC on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget WDCUSDT−0.0162%8h442.32+0.027%$1.1M$1.1M20xas long as short
Aster WDCUSDT0.0000%8h441.85−0.080%$10K$136K20xas long as short
Extended WDC-USD0.0000%1h442.09−0.024%$2K$193K10xas long as short
Binance WDCUSDT0.0000%8h442.21+0.002%$7.3M$26.3M20xas long as short
OKX WDC-USDT-SWAP0.0000%8h442.23+0.007%$2.0M$4.5M20xas long as short
Gate WDC_USDT0.0000%8h442.10−0.023%$1.9M$2.3M50xas long as short
GRVT WDC_USDT_Perp0.0000%8h441.84−0.082%$530$140K10xas long as short
BloFin WDC-USDT+0.0025%8h442.27+0.016%$136K$97K20xas long as short
QFEX WDC-USDshort+0.0028%1h442.08−0.027%$1.1M$3.0M10x
Lighter WDC+0.0032%1h441.45−0.170%10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_WDC_USDC_mythos+0.0100%8h441.97−0.052%$9K$2K10xas long as short
KuCoin WDCUSDTM+0.0100%8h441.70−0.113%$273K$132K20xas long as short
SunX WDC-USDTlong+0.0100%8h442.20long leg$2.1M10x
HTX WDC-USDT+0.0100%8h442.37+0.038%$32K$8K20xas long as short
edgeX WDCUSDC+0.0241%4h441.92−0.063%$49K$230K10xas long as short
Bybit WDCUSDT+0.0314%8h441.91−0.066%$1.9M$720K25xas long as short
tradeXYZ xyz:WDC+0.0322%1h441.72−0.109%$2.3M$2.1M10xas long as short