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

WDC

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Aster+0.077%112s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1961.960% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.151%+$15 on $10k
Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.077%, 7d avg +0.008%
Together, before fees+0.111%+ Points / potential airdropAster: Stage 5 · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.070% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.008%. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster WDCUSDT449.210get 0.0000% / 8h3h 51m$11K$115K20x
ShortBloFin WDC-USDT449.560.0028get 0.0028% / 8h3h 51m$146K$94K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
$5.87
Price spread: +0.077% → +0.008%
$6.96
Slippage, 4 orders
−$176.03
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$183.2
Costs to cover
1.960%
Break-even
225.3 days
Slippage from Aster: live order book, 64 min ago; BloFin: live order book, 38 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 Aster live order book, 64 min ago4.76 bp109.9 bp −$110doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 38 min ago0.89 bp9.8 bp −$1018.5 bp −$185doesn'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
edgeX WDCUSDC−0.0786%4h449.54+0.072%$50K$230K10xas long as short
Aster WDCUSDTlong0.0000%8h449.21long leg$11K$115K20x
Bybit WDCUSDT0.0000%8h449.30+0.020%$1.9M$835K25xas long as short
Gate WDC_USDT0.0000%8h449.20−0.003%$1.9M$2.4M50xas long as short
Bitget WDCUSDT0.0000%8h449.31+0.022%$1.1M$1.1M20xas long as short
BloFin WDC-USDTshort+0.0028%8h449.56+0.077%$146K$94K20x
Lighter WDC+0.0032%1h449.19−0.005%10xas long as short
QFEX WDC-USD+0.0037%1h449.00−0.047%$1.1M$3.4M10xas long as short
Binance WDCUSDT+0.0038%8h449.29+0.017%$7.4M$24.7M20xas long as short
Extended WDC-USD+0.0040%1h449.16−0.011%$4K$134K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:WDC+0.0050%1h449.02−0.043%$2.4M$2.1M10xas long as short
GRVT WDC_USDT_Perp+0.0088%8h449.80+0.130%$531$156K10xas long as short
KuCoin WDCUSDTM+0.0100%8h449.26+0.011%$275K$45K20xas long as short
Orderly PERP_WDC_USDC_mythos+0.0100%8h449.07−0.032%$9K$2K10xas long as short
SunX WDC-USDT+0.0100%8h449.40+0.042%$2.4M10xas long as short
HTX WDC-USDT+0.0100%8h449.74+0.117%$33K$8K10xas long as short
OKX WDC-USDT-SWAP+0.0147%8h449.56+0.077%$2.2M$3.9M20xas long as short