Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h −0.039%
Price spread now: QFEX against Bybit−0.045%7-day average −0.050% · 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−$54as in the Price arb table
costs, in and out, $10k−$550.549% of the position
Funding, last 3 days (all we have)−0.032%−$3 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now −0.045%, 7d avg −0.050%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WDCUSDT | 448.94 | 0.0061 | pay 0.0061% / 8h | 13m 43s | $1.9M | $803K | 25x |
| Short | QFEX WDC-USD | 448.74 | 0.0069 | get 0.0009% / 1h | 13m 43s | $1.1M | $3.9M | 10x |
Bybit WDCUSDT
QFEX WDC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bybit. 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
- $1.67
- Price spread: −0.045% → −0.050%
- $0.51
- Slippage, 4 orders
- −$33.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$52.74
- Costs to cover
- 0.549%
- Break-even
- 228.1 days
Slippage from Bybit: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 3 min ago | 2.11 bp | 21.3 bp −$21 | 126.6 bp −$1,266 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.45 bp | 6.4 bp −$6 | 9.9 bp −$99 | 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 | −0.0722% | 4h | 449.16 | +0.048% | $50K | $231K | 10x | as long as short |
| BloFin WDC-USDT | −0.0001% | 8h | 449.25 | +0.069% | $146K | $94K | 20x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 448.99 | +0.011% | $20K | $115K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 448.85 | −0.020% | $6K | $140K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 448.93 | −0.002% | $7.7M | $25.6M | 20x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 448.80 | −0.031% | $2.0M | $2.9M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 448.83 | −0.025% | $1.2M | $1.2M | 20x | as long as short |
| GRVT WDC_USDT_Perp | 0.0000% | 8h | 449.19 | +0.057% | $849 | $173K | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0030% | 8h | 448.89 | −0.011% | $2.2M | $4.1M | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 448.80 | −0.031% | — | — | 10x | as long as short |
edgeX WDCUSDC
BloFin WDC-USDT
Aster WDCUSDT
Extended WDC-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit WDCUSDTlong | +0.0061% | 8h | 448.94 | long leg | $1.9M | $803K | 25x | |
| QFEX WDC-USDshort | +0.0069% | 1h | 448.74 | −0.045% | $1.1M | $3.9M | 10x | |
| tradeXYZ xyz:WDC | +0.0092% | 1h | 448.80 | −0.031% | $2.4M | $2.5M | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 448.91 | −0.007% | $299K | $17K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 448.97 | +0.007% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 448.90 | −0.009% | — | $2.6M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 449.39 | +0.100% | $33K | $9K | 10x | as long as short |
tradeXYZ xyz:WDC
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT