Funding arb · Price arb /

WDC

RWAall WDC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%

Price spread now: Extended against Aster+0.093%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$149as in the Funding arb table

Net, price: spread back to 7d avg − costs−$151as in the Price arb table

costs, in and out, $10k−$1631.625% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.140%+$14 on $10k

Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.093%, 7d avg −0.024%

Together, before fees+0.012%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.117% dearer against Aster than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster WDCUSDT	441.59	0	get 0.0000% / 8h	7h 09m	$10K	$136K	20x
Short	Extended WDC-USD	442.00	0	get 0.0000% / 1h	9m 50s	$2K	$194K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee AsterbpFee ExtendedbpOrdersPrice spread, now +0.093%Rate

Funding earned: $0
Price spread: +0.093% → −0.024%: $11.7
Slippage, 4 orders: −$149.51
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$150.82
Costs to cover: 1.625%
Break-even: never at this rate

Slippage from Aster: live order book, 21 min ago; Extended: live order book, 21 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 Aster live order book, 21 min ago	3.77 bp	58.4 bp −$58	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 21 min ago	3.89 bp	17.4 bp −$17	126.4 bp −$1,264	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	−0.0485%	4h	440.62	−0.219%	$49K	$230K	10x	as long as short
Bitget WDCUSDT	−0.0214%	8h	442.27	+0.154%	$1.1M	$1.1M	20x	as long as short
BloFin WDC-USDT	−0.0023%	8h	441.68	+0.020%	$137K	$97K	20x	as long as short
Aster WDCUSDTlong	0.0000%	8h	441.59	long leg	$10K	$136K	20x
Extended WDC-USDshort	0.0000%	1h	442.00	+0.093%	$2K	$194K	10x
Binance WDCUSDT	0.0000%	8h	442.04	+0.102%	$7.3M	$26.3M	20x	as long as short
OKX WDC-USDT-SWAP	0.0000%	8h	442.26	+0.152%	$2.0M	$4.5M	20x	as long as short
Gate WDC_USDT	0.0000%	8h	441.90	+0.070%	$1.9M	$2.4M	50x	as long as short
GRVT WDC_USDT_Perp	0.0000%	8h	440.74	−0.192%	$511	$140K	10x	as long as short
QFEX WDC-USD	+0.0028%	1h	441.71	+0.027%	$1.1M	$3.0M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter WDC	+0.0032%	1h	441.48	−0.025%	—	—	10x	as long as short
tradeXYZ xyz:WDC	+0.0050%	1h	441.67	+0.018%	$2.3M	$2.1M	10x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	441.43	−0.036%	$9K	$2K	10x	as long as short
KuCoin WDCUSDTM	+0.0100%	8h	441.20	−0.088%	$272K	$120K	20x	as long as short
SunX WDC-USDT	+0.0100%	8h	442.00	+0.093%	—	$2.1M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	441.36	−0.052%	$32K	$8K	20x	as long as short
Bybit WDCUSDT	+0.0104%	8h	441.74	+0.034%	$1.9M	$730K	25x	as long as short