Funding arb · Price arb /

WDC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +1.9% APRpaid last 24h +0.004%

Price spread now: edgeX against BloFin−0.177%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$420.416% of the position

Long on BloFin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.078%−$8 on $10k

Price spread, last 4 days (all we have)+0.195%+$19 · spread now −0.177%, 7d avg −0.017%

Together, before fees+0.117%+ Points / potential airdropedgeX: Active · farm board+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.160% cheaper against BloFin than usual: you would sell low and buy high (spread −0.177% now, against its 7-day average of −0.017%). If the spread goes back, that is −$16 on $10k: about 30 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.078%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WDC-USDT	449.11	0.0025	pay 0.0025% / 8h	3h 46m	$146K	$94K	20x
Short	edgeX WDCUSDC	448.31	0.0043	get 0.0021% / 4h	3h 46m	$50K	$230K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.177%Rate

Funding earned: $3.69
Price spread: −0.177% → −0.017%: −$16
Slippage, 4 orders: −$20.57
Fee BloFin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$53.88
Costs to cover: 0.416%
Break-even: 109.3 days

Slippage from BloFin: live order book, 42 min ago; edgeX: 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, 42 min ago	0.89 bp	10.2 bp −$10	18.9 bp −$189	doesn't fit	doesn't fit
Sell edgeX live order book, 5 min ago	2.00 bp	11.0 bp −$11	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	448.76	−0.079%	$11K	$115K	20x	as long as short
Bybit WDCUSDT	0.0000%	8h	448.75	−0.080%	$1.9M	$839K	25x	as long as short
Gate WDC_USDT	0.0000%	8h	448.60	−0.114%	$1.9M	$2.4M	50x	as long as short
Bitget WDCUSDT	0.0000%	8h	448.81	−0.067%	$1.1M	$1.1M	20x	as long as short
BloFin WDC-USDTlong	+0.0025%	8h	449.11	long leg	$146K	$94K	20x
Lighter WDC	+0.0032%	1h	448.37	−0.165%	—	—	10x	as long as short
Extended WDC-USD	+0.0032%	1h	448.58	−0.117%	$4K	$132K	10x	as long as short
Binance WDCUSDT	+0.0034%	8h	448.71	−0.089%	$7.4M	$24.8M	20x	as long as short
QFEX WDC-USD	+0.0037%	1h	448.79	−0.071%	$1.1M	$3.4M	10x	as long as short
edgeX WDCUSDCshort	+0.0043%	4h	448.31	−0.177%	$50K	$230K	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:WDC	+0.0050%	1h	448.38	−0.163%	$2.4M	$2.1M	10x	as long as short
GRVT WDC_USDT_Perp	+0.0073%	8h	448.15	−0.214%	$529	$156K	10x	as long as short
KuCoin WDCUSDTM	+0.0100%	8h	448.64	−0.105%	$275K	$45K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	448.71	−0.089%	$9K	$2K	10x	as long as short
SunX WDC-USDT	+0.0100%	8h	448.80	−0.069%	—	$2.4M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	448.87	−0.053%	$33K	$8K	10x	as long as short
OKX WDC-USDT-SWAP	+0.0144%	8h	449.11	0.000%	$2.1M	$3.9M	20x	as long as short