Funding you earn now, next payment 08:00 UTC+0.0442%/8h= +48.4% APRnext payment +$4.42 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.016%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$700.703% of the position
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 7 days+0.041%+$4 · spread now −0.016%, 7d avg −0.008%
=The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.103% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget WDCUSDT | 443.80 | −0.0442 | get 0.0442% / 8h | 40m 55s | $1.1M | $1.1M | 20x |
| Short | Binance WDCUSDT | 443.73 | 0 | get 0.0000% / 8h | 40m 55s | $7.3M | $25.4M | 20x |
Bitget WDCUSDT
Binance WDCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $92.82
- Price spread: −0.016% → −0.008%
- −$0.8
- Slippage, 4 orders
- −$48.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $21.69
- Costs to cover
- 0.703%
- Break-even
- 5.4 days
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 15 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 Bitget live order book, 5 min ago | 3.72 bp | 21.9 bp −$22 | 44.4 bp −$444 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.02 bp | 12.3 bp −$12 | 28.6 bp −$286 | 105.5 bp −$10.5K | 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 | −0.0984% | 4h | 443.46 | −0.077% | $49K | $229K | 10x | as long as short |
| Bitget WDCUSDTlong | −0.0442% | 8h | 443.80 | long leg | $1.1M | $1.1M | 20x | |
| BloFin WDC-USDT | −0.0019% | 8h | 443.83 | +0.007% | $140K | $94K | 20x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 443.07 | −0.165% | $10K | $136K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 443.61 | −0.043% | $2K | $173K | 10x | as long as short |
| Binance WDCUSDTshort | 0.0000% | 8h | 443.73 | −0.016% | $7.3M | $25.4M | 20x | |
| Bybit WDCUSDT | 0.0000% | 8h | 443.14 | −0.149% | $1.9M | $704K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 443.60 | −0.045% | $1.9M | $2.5M | 50x | as long as short |
| OKX WDC-USDT-SWAP | +0.0013% | 8h | 443.94 | +0.032% | $2.0M | $4.3M | 20x | as long as short |
| GRVT WDC_USDT_Perp | +0.0015% | 8h | 442.80 | −0.225% | $518 | $148K | 10x | as long as short |
edgeX WDCUSDC
BloFin WDC-USDT
Aster WDCUSDT
Extended WDC-USD
Bybit WDCUSDT
Gate WDC_USDT
OKX WDC-USDT-SWAP
GRVT WDC_USDT_PerpShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter WDC | +0.0032% | 1h | 442.89 | −0.205% | — | — | 10x | as long as short |
| tradeXYZ xyz:WDC | +0.0050% | 1h | 443.45 | −0.079% | $2.3M | $2.1M | 10x | as long as short |
| QFEX WDC-USD | +0.0059% | 1h | 443.72 | −0.018% | $1.1M | $3.0M | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 443.21 | −0.133% | $272K | $46K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 443.26 | −0.122% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 443.80 | 0.000% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 444.07 | +0.061% | $33K | $8K | 10x | as long as short |
Lighter WDC
tradeXYZ xyz:WDC
QFEX WDC-USD
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT