WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.003%

Price spread now: Bybit against BloFin+0.020%92s7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$96as 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−$1021.017% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.020%, 7d avg −0.002%

Together, before fees−0.059%−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bybit is 0.023% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.002%. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WDC-USDT	445.64	−0.0014	get 0.0014% / 8h	2h 51m	$143K	$94K	20x
Short	Bybit WDCUSDT	445.73	0	get 0.0000% / 8h	2h 51m	$1.9M	$865K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now +0.020%Rate

Funding earned: $2.92
Price spread: +0.020% → −0.002%: $2.26
Slippage, 4 orders: −$78.72
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$96.54
Costs to cover: 1.017%
Break-even: 238.6 days

Slippage from BloFin: live order book, 28 min ago; Bybit: 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 BloFin live order book, 28 min ago	1.57 bp	16.2 bp −$16	29.7 bp −$297	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	2.81 bp	17.0 bp −$17	132.7 bp −$1,327	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 WDCUSDT	−0.0144%	8h	446.01	+0.083%	$1.1M	$1.1M	20x	as long as short
BloFin WDC-USDTlong	−0.0014%	8h	445.64	long leg	$143K	$94K	20x
Aster WDCUSDT	0.0000%	8h	445.67	+0.007%	$10K	$115K	20x	as long as short
Extended WDC-USD	0.0000%	1h	445.81	+0.038%	$6K	$165K	10x	as long as short
Bybit WDCUSDTshort	0.0000%	8h	445.73	+0.020%	$1.9M	$865K	25x
Gate WDC_USDT	0.0000%	8h	445.80	+0.036%	$1.9M	$2.4M	50x	as long as short
GRVT WDC_USDT_Perp	0.0000%	8h	444.90	−0.166%	$521	$155K	10x	as long as short
Binance WDCUSDT	+0.0001%	8h	445.93	+0.065%	$7.3M	$25.1M	20x	as long as short
QFEX WDC-USD	+0.0018%	1h	445.82	+0.040%	$1.1M	$3.2M	10x	as long as short
Lighter WDC	+0.0032%	1h	445.10	−0.121%	—	—	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:WDC	+0.0050%	1h	445.53	−0.025%	$2.4M	$2.1M	10x	as long as short
OKX WDC-USDT-SWAP	+0.0071%	8h	446.07	+0.096%	$2.1M	$4.1M	20x	as long as short
KuCoin WDCUSDTM	+0.0100%	8h	445.53	−0.025%	$273K	$45K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	445.41	−0.052%	$9K	$2K	10x	as long as short
SunX WDC-USDT	+0.0100%	8h	446.00	+0.081%	—	$2.4M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	446.05	+0.092%	$33K	$8K	10x	as long as short
edgeX WDCUSDC	+0.0385%	4h	444.72	−0.207%	$49K	$229K	10x	as long as short