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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WDCUSDT | 451.19 | 0.0043 | pay 0.0043% / 8h | 4h 25m | $7.5M | $24.7M | 20x |
| Short | Gate WDC_USDT | 451.10 | 0 | get 0.0000% / 8h | 4h 25m | $1.9M | $2.5M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 1 min ago | 0.11 bp | 11.8 bp −$12 | 32.5 bp −$325 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.11 bp | 22.1 bp −$22 | 105.1 bp −$1,051 | 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 | −0.0748% | 4h | 451.24 | +0.011% | $50K | $229K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 450.83 | −0.081% | $11K | $115K | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 451.11 | −0.018% | $1.9M | $852K | 25x | as long as short |
| Gate WDC_USDTshort | 0.0000% | 8h | 451.10 | −0.020% | $1.9M | $2.5M | 50x | |
| Bitget WDCUSDT | 0.0000% | 8h | 451.23 | +0.009% | $1.2M | $1.1M | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 450.64 | −0.122% | — | — | 10x | as long as short |
| Extended WDC-USD | +0.0040% | 1h | 451.07 | −0.027% | $6K | $132K | 10x | as long as short |
| Binance WDCUSDTlong | +0.0043% | 8h | 451.19 | long leg | $7.5M | $24.7M | 20x | |
| tradeXYZ xyz:WDC | +0.0050% | 1h | 451.02 | −0.038% | $2.4M | $2.1M | 10x | as long as short |
| QFEX WDC-USD | +0.0058% | 1h | 451.14 | −0.011% | $1.1M | $3.5M | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin WDC-USDT | +0.0067% | 8h | 451.42 | +0.051% | $147K | $94K | 20x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 450.89 | −0.066% | $277K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 450.86 | −0.073% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 451.10 | −0.020% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 451.39 | +0.044% | $33K | $8K | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0143% | 8h | 451.31 | +0.027% | $2.2M | $3.9M | 20x | as long as short |
| GRVT WDC_USDT_Perp | +0.0179% | 8h | 451.28 | +0.020% | $542 | $156K | 10x | as long as short |
Binance WDCUSDT
Gate WDC_USDT
edgeX WDCUSDC
Aster WDCUSDT
Bybit WDCUSDT
Bitget WDCUSDT
Lighter WDC
Extended WDC-USD
tradeXYZ xyz:WDC
BloFin WDC-USDT
KuCoin WDCUSDTM
SunX WDC-USDT
HTX WDC-USDT
OKX WDC-USDT-SWAP
GRVT WDC_USDT_Perp