WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.7% APRnext payment +$0.24 per $10,000 · paid last 24h −0.003%

Price spread now: GRVT against BloFin−0.031%102s7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as 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−$460.461% of the position

Long on BloFin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.098%+$10 on $10k

Price spread, last 3 days (all we have)+0.064%+$6 · spread now −0.031%, 7d avg −0.002%

Together, before fees+0.162%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.030% cheaper against BloFin than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of −0.002%). If the spread goes back, that is −$3 on $10k: about 4.1 days of funding at the current rate (+$1 a day). The two prices were read 102 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	449.74	−0.0024	get 0.0024% / 8h	7h 53m	$145K	$94K	20x
Short	GRVT WDC_USDT_Perp	449.60	0	get 0.0000% / 8h	7h 53m	$1K	$171K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.031%Rate

Funding earned: $5.09
Price spread: −0.031% → −0.002%: −$2.95
Slippage, 4 orders: −$25.14
Fee BloFin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$44
Costs to cover: 0.461%
Break-even: 67.5 days

Slippage from BloFin: live order book, 3 min ago; GRVT: live order book, 14 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, 3 min ago	1.00 bp	9.8 bp −$10	21.1 bp −$211	doesn't fit	doesn't fit
Sell GRVT live order book, 14 min ago	1.56 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
BloFin WDC-USDTlong	−0.0024%	8h	449.74	long leg	$145K	$94K	20x
Aster WDCUSDT	0.0000%	8h	449.82	+0.017%	$11K	$115K	20x	as long as short
Extended WDC-USD	0.0000%	1h	450.26	+0.116%	$6K	$136K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	450.30	+0.124%	$7.7M	$25.4M	20x	as long as short
Gate WDC_USDT	0.0000%	8h	450.20	+0.102%	$2.0M	$2.6M	50x	as long as short
Bitget WDCUSDT	0.0000%	8h	450.40	+0.147%	$1.2M	$1.2M	20x	as long as short
GRVT WDC_USDT_Perpshort	0.0000%	8h	449.60	−0.031%	$1K	$171K	10x
OKX WDC-USDT-SWAP	+0.0012%	8h	450.45	+0.158%	$2.2M	$4.1M	20x	as long as short
QFEX WDC-USD	+0.0031%	1h	450.33	+0.131%	$1.1M	$4.0M	10x	as long as short
Lighter WDC	+0.0032%	1h	449.81	+0.016%	—	—	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin WDCUSDTM	+0.0100%	8h	449.94	+0.044%	$300K	$17K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	450.12	+0.084%	$9K	$2K	10x	as long as short
SunX WDC-USDT	+0.0100%	8h	449.90	+0.036%	—	$2.6M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	449.67	−0.016%	$33K	$9K	10x	as long as short
tradeXYZ xyz:WDC	+0.0120%	1h	449.93	+0.042%	$2.4M	$2.2M	10x	as long as short
edgeX WDCUSDC	+0.0287%	4h	449.56	−0.041%	$50K	$230K	10x	as long as short
Bybit WDCUSDT	+0.0459%	8h	450.35	+0.136%	$1.9M	$787K	25x	as long as short