WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.50 per $10,000 · paid last 24h +0.027%

Price spread now: KuCoin against BloFin−0.007%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$130as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1351.346% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.043%+$4 on $10k

Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.007%, 7d avg −0.035%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.028% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WDC-USDT	450.95	0.0050	pay 0.0050% / 8h	4h 12m	$146K	$94K	20x
Short	KuCoin WDCUSDTM	450.92	0.0100	get 0.0100% / 8h	4h 12m	$276K	$45K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.007%Rate

Funding earned: $10.4
Price spread: −0.007% → −0.035%: $2.84
Slippage, 4 orders: −$110.62
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$121.38
Costs to cover: 1.346%
Break-even: 88.7 days

Slippage from BloFin: live order book, 16 min ago; KuCoin: live order book, 68 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, 16 min ago	0.89 bp	10.2 bp −$10	18.9 bp −$189	doesn't fit	doesn't fit
Sell KuCoin live order book, 68 min ago	16.42 bp	72.9 bp −$73	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	−0.0403%	4h	450.98	+0.007%	$50K	$231K	10x	as long as short
Aster WDCUSDT	0.0000%	8h	450.90	−0.012%	$11K	$115K	20x	as long as short
Bybit WDCUSDT	0.0000%	8h	450.94	−0.002%	$1.9M	$861K	25x	as long as short
Gate WDC_USDT	0.0000%	8h	450.90	−0.011%	$1.9M	$2.5M	50x	as long as short
Bitget WDCUSDT	0.0000%	8h	451.10	+0.033%	$1.2M	$1.1M	20x	as long as short
Lighter WDC	+0.0032%	1h	450.75	−0.044%	—	—	10x	as long as short
Extended WDC-USD	+0.0048%	1h	450.97	+0.003%	$6K	$132K	10x	as long as short
Binance WDCUSDT	+0.0049%	8h	451.11	+0.035%	$7.5M	$24.7M	20x	as long as short
tradeXYZ xyz:WDC	+0.0050%	1h	450.70	−0.055%	$2.4M	$2.1M	10x	as long as short
BloFin WDC-USDTlong	+0.0050%	8h	450.95	long leg	$146K	$94K	20x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX WDC-USD	+0.0058%	1h	450.85	−0.022%	$1.1M	$3.4M	10x	as long as short
KuCoin WDCUSDTMshort	+0.0100%	8h	450.92	−0.007%	$276K	$45K	20x
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	450.88	−0.016%	$9K	$2K	10x	as long as short
SunX WDC-USDT	+0.0100%	8h	451.00	+0.011%	—	$2.4M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	451.23	+0.062%	$33K	$8K	10x	as long as short
OKX WDC-USDT-SWAP	+0.0148%	8h	451.24	+0.064%	$2.2M	$3.9M	20x	as long as short
GRVT WDC_USDT_Perp	+0.0160%	8h	451.13	+0.041%	$532	$156K	10x	as long as short