Funding you earn now, next payment 04:00 UTC+0.0005%/8h= +0.6% APRpaid last 24h +0.022%
Price spread now: tradeXYZ against Binance−0.059%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$480.483% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now −0.059%, 7d avg −0.071%
=Together, before fees+0.013%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WDCUSDT | 451.08 | 0.0045 | pay 0.0045% / 8h | 4h 35m | $7.5M | $24.7M | 20x |
| Short | tradeXYZ xyz:WDC | 450.81 | 0.0050 | get 0.0006% / 1h | 35m 41s | $2.4M | $2.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $1.13
- Price spread: −0.059% → −0.071%
- $1.13
- Slippage, 4 orders
- −$20.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$46.04
- Costs to cover
- 0.483%
- Break-even
- 293.3 days
Slippage from Binance: live order book, 5 min ago; tradeXYZ: 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, 5 min ago | 0.77 bp | 11.9 bp −$12 | 27.8 bp −$278 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 1.33 bp | 12.4 bp −$12 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster WDCUSDT | 0.0000% | 8h | 450.98 | −0.023% | $11K | $115K | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 451.07 | −0.002% | $1.9M | $851K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 451.00 | −0.017% | $1.9M | $2.4M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 451.16 | +0.018% | $1.2M | $1.1M | 20x | as long as short |
| BloFin WDC-USDT | +0.0026% | 8h | 451.06 | −0.004% | $146K | $94K | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 450.89 | −0.041% | — | — | 10x | as long as short |
| Binance WDCUSDTlong | +0.0045% | 8h | 451.08 | long leg | $7.5M | $24.7M | 20x | |
| Extended WDC-USD | +0.0048% | 1h | 450.96 | −0.027% | $6K | $137K | 10x | as long as short |
| tradeXYZ xyz:WDCshort | +0.0050% | 1h | 450.81 | −0.059% | $2.4M | $2.1M | 10x | |
| QFEX WDC-USD | +0.0058% | 1h | 451.04 | −0.008% | $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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin WDCUSDTM | +0.0100% | 8h | 451.10 | +0.005% | $277K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 451.00 | −0.017% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 451.00 | −0.017% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 451.53 | +0.100% | $33K | $8K | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0142% | 8h | 451.12 | +0.009% | $2.2M | $3.9M | 20x | as long as short |
| GRVT WDC_USDT_Perp | +0.0243% | 8h | 451.55 | +0.105% | $537 | $157K | 10x | as long as short |
| edgeX WDCUSDC | +0.0476% | 4h | 451.30 | +0.049% | $50K | $230K | 10x | as long as short |
Binance WDCUSDT
tradeXYZ xyz:WDC
Aster WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
BloFin WDC-USDT
Lighter WDC
Extended WDC-USD
KuCoin WDCUSDTM
SunX WDC-USDT
HTX WDC-USDT
OKX WDC-USDT-SWAP
GRVT WDC_USDT_Perp
edgeX WDCUSDC