WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.85 per $10,000 · paid last 24h +0.025%

Price spread now: SunX against BloFin−0.052%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$153as in the Funding arb table

Net, price: spread back to 7d avg − costs−$164as in the Price arb table

costs, in and out, $10k−$1601.599% of the position

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.052%, 7d avg −0.009%

Together, before fees+0.160%+$16 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.043% cheaper against BloFin than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of −0.009%). If the spread goes back, that is −$4 on $10k: about 41 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.067% in total) that is about 4.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WDC-USDT	441.63	0.0015	pay 0.0015% / 8h	7h 42m	$139K	$95K	20x
Short	SunX WDC-USDT	441.40	0.0100	get 0.0100% / 8h	7h 42m	—	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.052%Rate

Funding earned: $17.85
Price spread: −0.052% → −0.009%: −$4.32
Slippage, 4 orders: −$139.89
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$146.37
Costs to cover: 1.599%
Break-even: 64.4 days

Slippage from BloFin: live order book, 22 min ago; SunX: 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, 22 min ago	0.90 bp	12.0 bp −$12	22.0 bp −$220	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	46.49 bp	70.1 bp −$70	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	−0.0964%	4h	441.70	+0.015%	$49K	$231K	10x	as long as short
Bitget WDCUSDT	−0.0330%	8h	441.22	−0.093%	$1.1M	$1.1M	20x	as long as short
Aster WDCUSDT	0.0000%	8h	441.32	−0.070%	$10K	$136K	20x	as long as short
Extended WDC-USD	0.0000%	1h	441.19	−0.099%	$2K	$188K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	441.29	−0.078%	$7.3M	$25.8M	20x	as long as short
Bybit WDCUSDT	0.0000%	8h	441.35	−0.063%	$1.9M	$712K	25x	as long as short
OKX WDC-USDT-SWAP	0.0000%	8h	441.47	−0.036%	$2.0M	$4.3M	20x	as long as short
Gate WDC_USDT	0.0000%	8h	441.30	−0.075%	$1.9M	$2.3M	50x	as long as short
GRVT WDC_USDT_Perp	0.0000%	8h	442.01	+0.086%	$513	$145K	10x	as long as short
BloFin WDC-USDTlong	+0.0015%	8h	441.63	long leg	$139K	$95K	20x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX WDC-USD	+0.0028%	1h	440.90	−0.165%	$1.1M	$3.0M	10x	as long as short
Lighter WDC	+0.0032%	1h	440.91	−0.163%	—	—	10x	as long as short
tradeXYZ xyz:WDC	+0.0050%	1h	441.09	−0.122%	$2.3M	$2.1M	10x	as long as short
KuCoin WDCUSDTM	+0.0100%	8h	441.24	−0.088%	$272K	$81K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	441.26	−0.084%	$9K	$2K	10x	as long as short
SunX WDC-USDTshort	+0.0100%	8h	441.40	−0.052%	—	$2.4M	10x
HTX WDC-USDT	+0.0100%	8h	441.82	+0.043%	$33K	$9K	20x	as long as short