Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.007%
Price spread now: SunX against Binance−0.008%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1531.528% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 2 days (all we have)+0.006%+$1 · spread now −0.008%, 7d avg +0.009%
=The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$3 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 | 449.14 | 0 | get 0.0000% / 8h | 23m 17s | $7.7M | $25.5M | 20x |
| Short | SunX WDC-USDT | 449.10 | 0.0100 | get 0.0100% / 8h | 23m 17s | — | $2.7M | 10x |
Binance WDCUSDT
SunX WDC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $21
- Price spread: −0.008% → +0.009%
- −$1.64
- Slippage, 4 orders
- −$134.82
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$133.45
- Costs to cover
- 1.528%
- Break-even
- 51.5 days
Slippage from Binance: live order book, 3 min ago; SunX: live order book, 4 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, 3 min ago | 0.56 bp | 11.0 bp −$11 | 33.5 bp −$335 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 23.33 bp | 86.8 bp −$87 | doesn't fit | 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 | −0.0114% | 4h | 449.05 | −0.018% | $50K | $230K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 449.13 | −0.002% | $20K | $105K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 448.96 | −0.038% | $6K | $140K | 10x | as long as short |
| Binance WDCUSDTlong | 0.0000% | 8h | 449.14 | long leg | $7.7M | $25.5M | 20x | |
| Gate WDC_USDT | 0.0000% | 8h | 448.90 | −0.052% | $2.0M | $2.9M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 449.11 | −0.006% | $1.2M | $1.2M | 20x | as long as short |
| GRVT WDC_USDT_Perp | 0.0000% | 8h | 449.16 | +0.005% | $858 | $173K | 10x | as long as short |
| BloFin WDC-USDT | +0.0022% | 8h | 449.03 | −0.023% | $146K | $94K | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 448.69 | −0.099% | — | — | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0037% | 8h | 449.16 | +0.006% | $2.2M | $4.1M | 20x | as long as short |
edgeX WDCUSDC
Aster WDCUSDT
Extended WDC-USD
Gate WDC_USDT
Bitget WDCUSDT
GRVT WDC_USDT_Perp
BloFin WDC-USDT
Lighter WDC
OKX WDC-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WDCUSDT | +0.0054% | 8h | 449.09 | −0.010% | $1.9M | $803K | 25x | as long as short |
| QFEX WDC-USD | +0.0069% | 1h | 448.92 | −0.048% | $1.1M | $3.9M | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 448.99 | −0.032% | $299K | $17K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 448.88 | −0.057% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDTshort | +0.0100% | 8h | 449.10 | −0.008% | — | $2.7M | 10x | |
| HTX WDC-USDT | +0.0100% | 8h | 449.21 | +0.017% | $33K | $9K | 10x | as long as short |
| tradeXYZ xyz:WDC | +0.0105% | 1h | 448.81 | −0.072% | $2.4M | $2.5M | 10x | as long as short |
Bybit WDCUSDT
QFEX WDC-USD
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
HTX WDC-USDT
tradeXYZ xyz:WDC