Funding you earn now, next payment 06:00 UTC+0.0511%/8h= +55.9% APRpaid last 24h +0.023%
Price spread now: tradeXYZ against Bitget−0.092%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$950.950% of the position
Funding, last 7 days+0.125%+$12 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now −0.092%, 7d avg −0.078%
=Together, before fees+0.169%+ Points / potential airdroptradeXYZ: Active · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.078%, so right now this pair is about funding alone: +$15 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 0.125% in total (about 6.5% a year). A funding rate is set anew for every payment. 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 | 444.76 | −0.0420 | get 0.0420% / 8h | 2h 04m | $1.1M | $1.1M | 20x |
| Short | tradeXYZ xyz:WDC | 444.35 | 0.0091 | get 0.0011% / 1h | 4m 55s | $2.3M | $2.1M | 10x |
Bitget WDCUSDT
tradeXYZ xyz:WDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $107.28
- Price spread: −0.092% → −0.078%
- −$1.45
- Slippage, 4 orders
- −$64.99
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $10.84
- Costs to cover
- 0.950%
- Break-even
- 6.3 days
Slippage from Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 2.13 bp | 30.8 bp −$31 | 57.5 bp −$575 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 0.90 bp | 16.5 bp −$16 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX WDCUSDC | −0.0824% | 4h | 444.67 | −0.020% | $49K | $230K | 10x | as long as short |
| Bitget WDCUSDTlong | −0.0420% | 8h | 444.76 | long leg | $1.1M | $1.1M | 20x | |
| Aster WDCUSDT | 0.0000% | 8h | 444.22 | −0.122% | $20K | $125K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 444.50 | −0.058% | $3K | $166K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 444.62 | −0.032% | $7.3M | $25.4M | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 444.58 | −0.040% | $1.9M | $889K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 444.60 | −0.036% | $1.9M | $2.5M | 50x | as long as short |
| QFEX WDC-USD | +0.0018% | 1h | 444.58 | −0.040% | $1.1M | $3.1M | 10x | as long as short |
| GRVT WDC_USDT_Perp | +0.0023% | 8h | 444.81 | +0.012% | $520 | $152K | 10x | as long as short |
| BloFin WDC-USDT | +0.0026% | 8h | 444.60 | −0.036% | $141K | $94K | 20x | as long as short |
edgeX WDCUSDC
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
QFEX WDC-USD
GRVT WDC_USDT_Perp
BloFin WDC-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter WDC | +0.0032% | 1h | 444.00 | −0.171% | — | — | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0059% | 8h | 444.92 | +0.036% | $2.1M | $4.2M | 20x | as long as short |
| tradeXYZ xyz:WDCshort | +0.0091% | 1h | 444.35 | −0.092% | $2.3M | $2.1M | 10x | |
| KuCoin WDCUSDTM | +0.0100% | 8h | 444.43 | −0.074% | $273K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 444.47 | −0.065% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 444.70 | −0.013% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 444.73 | −0.007% | $33K | $8K | 10x | as long as short |
Lighter WDC
OKX WDC-USDT-SWAP
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT