WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0106%/8h= +11.6% APRnext payment +$1.06 per $10,000 · paid last 24h 0.000%

Price spread now: GRVT against Bitget+0.100%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$1051.053% of the position

Long on Bitget Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.192%+$19 on $10k

Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.100%, 7d avg −0.008%

Together, before fees+0.091%+ Points / potential airdropGRVT: Active · farm board+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GRVT is 0.108% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WDCUSDT	449.64	0	get 0.0000% / 8h	3h 55m	$1.1M	$1.1M	20x
Short	GRVT WDC_USDT_Perp	450.09	0.0106	get 0.0106% / 8h	3h 55m	$531	$156K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee GRVTbpOrdersPrice spread, now +0.100%Rate

Funding earned: $22.26
Price spread: +0.100% → −0.008%: $10.79
Slippage, 4 orders: −$84.28
Fee Bitget: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$72.23
Costs to cover: 1.053%
Break-even: 29.7 days

Slippage from Bitget: live order book, 1 min ago; GRVT: live order book, 57 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, 1 min ago	2.89 bp	28.6 bp −$29	38.5 bp −$385	doesn't fit	doesn't fit
Sell GRVT live order book, 57 min ago	2.55 bp	13.2 bp −$13	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	449.61	−0.006%	$11K	$115K	20x	as long as short
Bybit WDCUSDT	0.0000%	8h	449.61	−0.007%	$1.9M	$863K	25x	as long as short
Gate WDC_USDT	0.0000%	8h	449.60	−0.009%	$1.9M	$2.4M	50x	as long as short
Bitget WDCUSDTlong	0.0000%	8h	449.64	long leg	$1.1M	$1.1M	20x
BloFin WDC-USDT	+0.0013%	8h	449.66	+0.004%	$146K	$94K	20x	as long as short
Lighter WDC	+0.0032%	1h	449.50	−0.031%	—	—	10x	as long as short
QFEX WDC-USD	+0.0037%	1h	449.63	−0.002%	$1.1M	$3.4M	10x	as long as short
Extended WDC-USD	+0.0040%	1h	449.57	−0.017%	$4K	$134K	10x	as long as short
Binance WDCUSDT	+0.0042%	8h	449.63	−0.002%	$7.4M	$24.8M	20x	as long as short
tradeXYZ xyz:WDC	+0.0050%	1h	449.36	−0.062%	$2.4M	$2.1M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX WDCUSDC	+0.0063%	4h	449.96	+0.071%	$50K	$229K	10x	as long as short
KuCoin WDCUSDTM	+0.0100%	8h	449.68	+0.009%	$276K	$45K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	449.68	+0.009%	$9K	$2K	10x	as long as short
SunX WDC-USDT	+0.0100%	8h	449.50	−0.031%	—	$2.4M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	449.74	+0.022%	$33K	$8K	10x	as long as short
GRVT WDC_USDT_Perpshort	+0.0106%	8h	450.09	+0.100%	$531	$156K	10x
OKX WDC-USDT-SWAP	+0.0146%	8h	449.80	+0.036%	$2.2M	$3.9M	20x	as long as short