WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.07 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against BloFin+0.072%53s7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as 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−$510.509% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.120%+$12 on $10k

Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.072%, 7d avg +0.014%

Together, before fees+0.018%+$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.059% dearer against BloFin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.014%. The two prices were read 53 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	443.28	0.0002	pay 0.0002% / 8h	36m 23s	$140K	$95K	20x
Short	OKX WDC-USDT-SWAP	443.60	0.0009	get 0.0009% / 8h	36m 23s	$2.0M	$4.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.072%Rate

Funding earned: $1.44
Price spread: +0.072% → +0.014%: $5.87
Slippage, 4 orders: −$28.88
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$43.57
Costs to cover: 0.509%
Break-even: 218.6 days

Slippage from BloFin: live order book, 33 min ago; OKX: live order book, 1 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, 33 min ago	3.04 bp	12.6 bp −$13	23.2 bp −$232	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	1.80 bp	12.9 bp −$13	106.3 bp −$1,063	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	−0.0429%	8h	443.44	+0.036%	$1.1M	$1.1M	20x	as long as short
edgeX WDCUSDC	−0.0059%	4h	443.22	−0.014%	$49K	$229K	10x	as long as short
Aster WDCUSDT	0.0000%	8h	443.04	−0.054%	$10K	$136K	20x	as long as short
Extended WDC-USD	0.0000%	1h	443.31	+0.007%	$2K	$173K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	443.42	+0.031%	$7.3M	$25.4M	20x	as long as short
Bybit WDCUSDT	0.0000%	8h	443.50	+0.050%	$1.9M	$705K	25x	as long as short
Gate WDC_USDT	0.0000%	8h	443.50	+0.050%	$1.9M	$2.5M	50x	as long as short
BloFin WDC-USDTlong	+0.0002%	8h	443.28	long leg	$140K	$95K	20x
OKX WDC-USDT-SWAPshort	+0.0009%	8h	443.60	+0.072%	$2.0M	$4.3M	20x
GRVT WDC_USDT_Perp	+0.0025%	8h	443.30	+0.005%	$519	$148K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter WDC	+0.0032%	1h	442.82	−0.104%	—	—	10x	as long as short
tradeXYZ xyz:WDC	+0.0050%	1h	443.14	−0.032%	$2.3M	$2.1M	10x	as long as short
QFEX WDC-USD	+0.0059%	1h	443.31	+0.007%	$1.1M	$3.0M	10x	as long as short
KuCoin WDCUSDTM	+0.0100%	8h	443.12	−0.036%	$272K	$46K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	443.14	−0.032%	$9K	$2K	10x	as long as short
SunX WDC-USDT	+0.0100%	8h	443.20	−0.018%	—	$2.4M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	443.45	+0.038%	$33K	$8K	10x	as long as short