Funding you earn now, next payment 03:00 UTC0.0000%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: tradeXYZ against QFEX−0.035%7-day average −0.018% · 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−$48as in the Price arb table
costs, in and out, $10k−$460.462% of the position
Funding, last 4 days (all we have)+0.017%+$2 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now −0.035%, 7d avg −0.018%
=Together, before fees+0.033%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX WDC-USD | 450.97 | 0.0050 | pay 0.0006% / 1h | 0m 58s | $1.1M | $3.5M | 10x |
| Short | tradeXYZ xyz:WDC | 450.81 | 0.0050 | get 0.0006% / 1h | 0m 58s | $2.4M | $2.1M | 10x |
Funding 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
- −$0.1
- Price spread: −0.035% → −0.018%
- −$1.71
- Slippage, 4 orders
- −$18.19
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$48
- Costs to cover
- 0.462%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 7 min ago; tradeXYZ: live order book, 7 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, 7 min ago | 1.55 bp | 9.9 bp −$10 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 1.00 bp | 16.7 bp −$17 | 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 | 450.98 | +0.003% | $11K | $115K | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 451.43 | +0.102% | $2.0M | $816K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 451.20 | +0.051% | $1.9M | $2.6M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 451.21 | +0.053% | $1.2M | $1.1M | 20x | as long as short |
| edgeX WDCUSDC | +0.0032% | 4h | 451.09 | +0.026% | $50K | $230K | 10x | as long as short |
| Lighter WDC | +0.0032% | 1h | 450.72 | −0.055% | — | — | 10x | as long as short |
| Binance WDCUSDT | +0.0039% | 8h | 451.35 | +0.084% | $7.5M | $24.7M | 20x | as long as short |
| Extended WDC-USD | +0.0040% | 1h | 451.14 | +0.037% | $3K | $132K | 10x | as long as short |
| tradeXYZ xyz:WDCshort | +0.0050% | 1h | 450.81 | −0.035% | $2.4M | $2.1M | 10x | |
| QFEX WDC-USDlong | +0.0050% | 1h | 450.97 | long leg | $1.1M | $3.5M | 10x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin WDC-USDT | +0.0055% | 8h | 451.31 | +0.075% | $145K | $94K | 20x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 451.27 | +0.067% | $278K | $44K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 451.03 | +0.013% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 451.10 | +0.029% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 451.37 | +0.089% | $33K | $8K | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0129% | 8h | 451.59 | +0.137% | $2.2M | $3.9M | 20x | as long as short |
| GRVT WDC_USDT_Perp | +0.0297% | 8h | 451.21 | +0.052% | $537 | $157K | 10x | as long as short |
tradeXYZ xyz:WDC
Aster WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
edgeX WDCUSDC
Lighter WDC
Binance WDCUSDT
Extended WDC-USD
BloFin WDC-USDT
KuCoin WDCUSDTM
SunX WDC-USDT
HTX WDC-USDT
OKX WDC-USDT-SWAP
GRVT WDC_USDT_Perp