Funding you earn now, next payment 12:00 UTC+0.0470%/8h= +51.5% APRpaid last 24h +0.130%
Price spread now: edgeX against Bitget−0.038%74s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$820.824% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.038%, 7d avg −0.018%
=Together, before fees+0.063%+ Points / potential airdropedgeX: Active · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.020% cheaper against Bitget than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of −0.018%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.041% in total) that is about 3.5 days. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.041% in total (about 2.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget WDCUSDT | 441.99 | −0.0025 | get 0.0025% / 8h | 6h 20m | $1.1M | $1.1M | 20x |
| Short | edgeX WDCUSDC | 441.82 | 0.0445 | get 0.0223% / 4h | 2h 20m | $49K | $229K | 10x |
Bitget WDCUSDT
edgeX WDCUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $98.7
- Price spread: −0.038% → −0.018%
- −$2.01
- Slippage, 4 orders
- −$61.41
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $14.29
- Costs to cover
- 0.824%
- Break-even
- 6.0 days
Slippage from Bitget: live order book, 4 min ago; edgeX: live order book, 30 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, 4 min ago | 2.83 bp | 29.5 bp −$30 | 51.9 bp −$519 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 30 min ago | 2.49 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
WDC on 17 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget WDCUSDTlong | −0.0025% | 8h | 441.99 | long leg | $1.1M | $1.1M | 20x | |
| Aster WDCUSDT | 0.0000% | 8h | 441.75 | −0.055% | $10K | $136K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 441.73 | −0.060% | $6K | $191K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 441.61 | −0.085% | $7.3M | $26.1M | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 441.74 | −0.057% | $1.9M | $714K | 25x | as long as short |
| OKX WDC-USDT-SWAP | 0.0000% | 8h | 441.59 | −0.090% | $2.0M | $4.5M | 20x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 441.70 | −0.066% | $1.9M | $2.3M | 50x | as long as short |
| GRVT WDC_USDT_Perp | 0.0000% | 8h | 441.73 | −0.058% | $521 | $135K | 10x | as long as short |
| BloFin WDC-USDT | +0.0011% | 8h | 441.93 | −0.014% | $137K | $98K | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 441.58 | −0.093% | — | — | 10x | as long as short |
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Bybit WDCUSDT
OKX WDC-USDT-SWAP
Gate WDC_USDT
GRVT WDC_USDT_Perp
BloFin WDC-USDT
Lighter WDCShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX WDC-USD | +0.0041% | 1h | 441.74 | −0.057% | $1.1M | $3.1M | 10x | as long as short |
| tradeXYZ xyz:WDC | +0.0050% | 1h | 441.57 | −0.095% | $2.3M | $2.1M | 10x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 441.68 | −0.070% | $9K | $2K | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 441.64 | −0.079% | $273K | $175K | 20x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 441.70 | −0.066% | — | $1.8M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 441.73 | −0.059% | $33K | $8K | 20x | as long as short |
| edgeX WDCUSDCshort | +0.0445% | 4h | 441.82 | −0.038% | $49K | $229K | 10x |
QFEX WDC-USD
tradeXYZ xyz:WDC
Orderly PERP_WDC_USDC_mythos
KuCoin WDCUSDTM
SunX WDC-USDT
HTX WDC-USDT