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−0.0025%/8h= −2.8% APRnext payment $0.25 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Binance−0.119%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1811.809% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.162%−$16 on $10k
Price spread, last 4 days (all we have)−0.371%−$37 · spread now −0.119%, 7d avg −0.006%
Together, before fees−0.534%+ Points / potential airdropAster: Stage 5 · farm board−$53 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.113% cheaper against Binance than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance WDCUSDT451.120.0025pay 0.0025% / 8h5h 13m$7.5M$24.7M20x
ShortAster WDCUSDT450.580get 0.0000% / 8h5h 13m$11K$115K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
−$5.31
Price spread: −0.119% → −0.006%
−$11.35
Slippage, 4 orders
−$162.91
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$197.57
Costs to cover
1.809%
Break-even
never at this rate
Slippage from Binance: live order book, 13 min ago; Aster: live order book, 47 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 Binance live order book, 13 min ago1.67 bp12.5 bp −$1329.4 bp −$294doesn't fitdoesn't fit
Sell Aster live order book, 47 min ago3.11 bp84.2 bp −$84doesn't fitdoesn'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−0.0844%4h450.81−0.068%$50K$231K10xas long as short
Aster WDCUSDTshort0.0000%8h450.58−0.119%$11K$115K20x
Bybit WDCUSDT0.0000%8h451.08−0.009%$2.0M$817K25xas long as short
Gate WDC_USDT0.0000%8h450.90−0.049%$1.9M$2.5M50xas long as short
Bitget WDCUSDT0.0000%8h451.04−0.018%$1.2M$1.1M20xas long as short
BloFin WDC-USDT+0.0017%8h450.91−0.047%$102K$94K20xas long as short
Extended WDC-USD+0.0024%1h450.94−0.039%$5K$134K10xas long as short
Binance WDCUSDTlong+0.0025%8h451.12long leg$7.5M$24.7M20x
Lighter WDC+0.0032%1h450.47−0.144%10xas long as short
tradeXYZ xyz:WDC+0.0050%1h450.67−0.100%$2.4M$2.1M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX WDC-USD+0.0050%1h450.91−0.047%$1.1M$3.5M10xas long as short
KuCoin WDCUSDTM+0.0100%8h450.95−0.038%$278K$44K20xas long as short
Orderly PERP_WDC_USDC_mythos+0.0100%8h450.81−0.069%$9K$2K10xas long as short
SunX WDC-USDT+0.0100%8h450.90−0.049%$2.4M10xas long as short
HTX WDC-USDT+0.0100%8h451.03−0.020%$33K$8K10xas long as short
OKX WDC-USDT-SWAP+0.0107%8h451.44+0.071%$2.2M$3.9M20xas long as short
GRVT WDC_USDT_Perp+0.0308%8h450.85−0.060%$537$157K10xas long as short