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−0.0043%/8h= −4.7% APRnext payment $0.43 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance−0.020%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$590.592% 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 7 days−0.046%−$5 · spread now −0.020%, 7d avg −0.006%
Together, before fees−0.209%−$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance WDCUSDT451.190.0043pay 0.0043% / 8h4h 25m$7.5M$24.7M20x
ShortGate WDC_USDT451.100get 0.0000% / 8h4h 25m$1.9M$2.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$8.93
Price spread: −0.020% → −0.006%
−$1.38
Slippage, 4 orders
−$34.18
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$69.49
Costs to cover
0.592%
Break-even
never at this rate
Slippage from Binance: live order book, 1 min ago; Gate: live order book, 2 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, 1 min ago0.11 bp11.8 bp −$1232.5 bp −$325doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago1.11 bp22.1 bp −$22105.1 bp −$1,051doesn'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−0.0748%4h451.24+0.011%$50K$229K10xas long as short
Aster WDCUSDT0.0000%8h450.83−0.081%$11K$115K20xas long as short
Bybit WDCUSDT0.0000%8h451.11−0.018%$1.9M$852K25xas long as short
Gate WDC_USDTshort0.0000%8h451.10−0.020%$1.9M$2.5M50x
Bitget WDCUSDT0.0000%8h451.23+0.009%$1.2M$1.1M20xas long as short
Lighter WDC+0.0032%1h450.64−0.122%10xas long as short
Extended WDC-USD+0.0040%1h451.07−0.027%$6K$132K10xas long as short
Binance WDCUSDTlong+0.0043%8h451.19long leg$7.5M$24.7M20x
tradeXYZ xyz:WDC+0.0050%1h451.02−0.038%$2.4M$2.1M10xas long as short
QFEX WDC-USD+0.0058%1h451.14−0.011%$1.1M$3.5M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin WDC-USDT+0.0067%8h451.42+0.051%$147K$94K20xas long as short
KuCoin WDCUSDTM+0.0100%8h450.89−0.066%$277K$45K20xas long as short
Orderly PERP_WDC_USDC_mythos+0.0100%8h450.86−0.073%$9K$2K10xas long as short
SunX WDC-USDT+0.0100%8h451.10−0.020%$2.4M10xas long as short
HTX WDC-USDT+0.0100%8h451.39+0.044%$33K$8K10xas long as short
OKX WDC-USDT-SWAP+0.0143%8h451.31+0.027%$2.2M$3.9M20xas long as short
GRVT WDC_USDT_Perp+0.0179%8h451.28+0.020%$542$156K10xas long as short