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

WOO

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against Binance−0.170%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.170% cheaper against Binance than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance WOOUSDT0.012630.0100pay 0.0100% / 8h2h 37m$1.5M$2.6M50x
ShortdYdX WOO-USD0.012610get 0.0000% / 1h37m 22s$70710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Binance. 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
−$21
Price spread: −0.170% → 0.000%
−$17.02
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$58.02
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 13 min ago; dYdX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago3.93 bp31.4 bp −$31214.3 bp −$2,143doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

WOO on 12 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
dYdX WOO-USDshort0.0000%1h0.01261−0.170%$70710x
Orderly PERP_WOO_USDC+0.0081%8h0.01261−0.154%$27K$5K10xas long as short
Binance WOOUSDTlong+0.0100%8h0.01263long leg$1.5M$2.6M50x
Bybit WOOUSDT+0.0100%8h0.01262−0.107%$1.2M$453K50xas long as short
OKX WOO-USDT-SWAP+0.0100%8h0.01262−0.075%$204K$338K10xas long as short
Gate WOO_USDT+0.0100%8h0.01261−0.154%$89K$75K25xas long as short
MEXC WOO_USDT+0.0100%8h0.01263+0.004%$672K$297K200xas long as short
KuCoin WOOUSDTM+0.0100%8h0.01263+0.004%$156K$47K50xas long as short
Bitget WOOUSDT+0.0100%8h0.01262−0.075%$206K$85K5xas long as short
BingX WOO-USDT+0.0100%8h0.01262−0.075%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni WOO+0.0100%8h0.01263+0.028%$2K$869as long as short
BloFin WOO-USDT+0.0128%8h0.01270+0.558%$73K$30K50xas long as short