Funding you earn now, next payment 08:00 UTC+0.0648%/8h= +71.0% APRnext payment +$6.48 per $10,000 · paid last 24h +0.030%
Price spread now: SunX against Bitget−0.068%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1881.883% of the position
Funding, last 7 days+0.151%+$15 on $10k
+Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.068%, 7d avg −0.005%
=Funding pays, the price is against you. SunX is 0.062% cheaper against Bitget than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of −0.005%). If the spread goes back, that is −$6 on $10k: about 8 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.151% in total) that is about 2.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.151% in total (about 7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.48 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 | 442.50 | −0.0548 | get 0.0548% / 8h | 1h 32m | $1.1M | $1.1M | 20x |
| Short | SunX WDC-USDT | 442.20 | 0.0100 | get 0.0100% / 8h | 1h 32m | — | $2.4M | 10x |
Bitget WDCUSDT
SunX WDC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $136.08
- Price spread: −0.068% → −0.005%
- −$6.24
- Slippage, 4 orders
- −$168.34
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$58.49
- Costs to cover
- 1.883%
- Break-even
- 10.0 days
Slippage from Bitget: live order book, 4 min ago; SunX: live order book, 5 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 | 2.15 bp | 25.0 bp −$25 | 57.6 bp −$576 | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 47.53 bp | 69.5 bp −$70 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget WDCUSDTlong | −0.0548% | 8h | 442.50 | long leg | $1.1M | $1.1M | 20x | |
| BloFin WDC-USDT | −0.0024% | 8h | 442.38 | −0.027% | $143K | $93K | 20x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 442.27 | −0.052% | $19K | $126K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 442.03 | −0.105% | $6K | $169K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 442.21 | −0.066% | $7.3M | $25.5M | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 442.09 | −0.093% | $1.9M | $710K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 442.00 | −0.113% | $1.9M | $2.5M | 50x | as long as short |
| GRVT WDC_USDT_Perp | +0.0011% | 8h | 441.94 | −0.126% | $526 | $150K | 10x | as long as short |
| Lighter WDC | +0.0032% | 1h | 441.31 | −0.269% | — | — | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0042% | 8h | 442.18 | −0.072% | $2.0M | $4.3M | 20x | as long as short |
BloFin WDC-USDT
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
GRVT WDC_USDT_Perp
Lighter WDC
OKX WDC-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:WDC | +0.0050% | 1h | 441.77 | −0.165% | $2.3M | $2.1M | 10x | as long as short |
| QFEX WDC-USD | +0.0057% | 1h | 442.07 | −0.097% | $1.1M | $3.0M | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 441.69 | −0.183% | $271K | $46K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 441.82 | −0.154% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDTshort | +0.0100% | 8h | 442.20 | −0.068% | — | $2.4M | 10x | |
| HTX WDC-USDT | +0.0100% | 8h | 442.52 | +0.005% | $33K | $8K | 10x | as long as short |
| edgeX WDCUSDC | +0.0706% | 4h | 441.73 | −0.173% | $49K | $230K | 10x | as long as short |
tradeXYZ xyz:WDC
QFEX WDC-USD
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
HTX WDC-USDT
edgeX WDCUSDC