WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: Orderly against Aster−0.087%49s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Orderly is 0.087% cheaper against Aster than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 2.9 days of funding at the current rate (+$3 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster WDCUSDT	443.70	0	get 0.0000% / 8h	2h 36m	$20K	$125K	20x
Short	Orderly PERP_WDC_USDC_mythos	443.31	0.0100	get 0.0100% / 8h	2h 36m	$9K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.087%Rate

Funding earned: $21
Price spread: −0.087% → 0.000%: −$8.72
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$1.72
Costs to cover: 0.140%
Break-even: 7.6 days

Slippage unknown: Aster: live order book, 9 min ago; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 9 min ago	4.83 bp	130.6 bp −$131	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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.

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	−0.0355%	4h	442.40	−0.292%	$49K	$230K	10x	as long as short
Bitget WDCUSDT	−0.0268%	8h	443.69	−0.002%	$1.1M	$1.1M	20x	as long as short
BloFin WDC-USDT	−0.0004%	8h	443.83	+0.030%	$143K	$94K	20x	as long as short
Aster WDCUSDTlong	0.0000%	8h	443.70	long leg	$20K	$125K	20x
Extended WDC-USD	0.0000%	1h	443.47	−0.052%	$4K	$166K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	443.62	−0.017%	$7.3M	$25.2M	20x	as long as short
Bybit WDCUSDT	0.0000%	8h	443.64	−0.013%	$1.9M	$871K	25x	as long as short
Gate WDC_USDT	0.0000%	8h	443.50	−0.044%	$1.9M	$2.4M	50x	as long as short
GRVT WDC_USDT_Perp	0.0000%	8h	442.52	−0.265%	$522	$153K	10x	as long as short
QFEX WDC-USD	+0.0018%	1h	443.52	−0.040%	$1.1M	$3.2M	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	443.00	−0.157%	—	—	10x	as long as short
tradeXYZ xyz:WDC	+0.0050%	1h	443.49	−0.047%	$2.3M	$2.1M	10x	as long as short
OKX WDC-USDT-SWAP	+0.0058%	8h	443.65	−0.011%	$2.1M	$4.1M	20x	as long as short
KuCoin WDCUSDTM	+0.0100%	8h	443.29	−0.092%	$272K	$45K	20x	as long as short
Orderly PERP_WDC_USDC_mythosshort	+0.0100%	8h	443.31	−0.087%	$9K	$2K	10x
SunX WDC-USDT	+0.0100%	8h	443.50	−0.044%	—	$2.4M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	443.79	+0.021%	$33K	$8K	10x	as long as short