Settings8H · net · $10k
Funding arb · Price arb /

WDC

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0910%/8h= +99.7% APRpaid last 24h +0.001%
Price spread now: edgeX against Bybit−0.032%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1041.038% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.136%−$14 on $10k
Price spread, last 4 days (all we have)−0.386%−$39 · spread now −0.032%, 7d avg −0.018%
Together, before fees−0.521%+ Points / potential airdropedgeX: Active · farm board−$52 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: +$27 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.136%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.136% in total (about -7.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit WDCUSDT442.920get 0.0000% / 8h19m 03s$1.9M$711K25x
ShortedgeX WDCUSDC442.780.0910get 0.0455% / 4h19m 03s$49K$229K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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

Funding earned
$191.18
Price spread: −0.032% → −0.018%
−$1.42
Slippage, 4 orders
−$83.81
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$85.95
Costs to cover
1.038%
Break-even
3.9 days
Slippage from Bybit: live order book, 2 min ago; edgeX: live order book, 18 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago2.26 bp32.0 bp −$32137.5 bp −$1,375doesn't fitdoesn't fit
Sell edgeX live order book, 18 min ago2.26 bp10.0 bp −$10doesn't fitdoesn't fitdoesn't fit

WDC on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget WDCUSDT−0.0404%8h443.32+0.090%$1.1M$1.1M20xas long as short
Aster WDCUSDT0.0000%8h442.90−0.005%$10K$136K20xas long as short
Extended WDC-USD0.0000%1h443.17+0.057%$5K$189K10xas long as short
Binance WDCUSDT0.0000%8h443.21+0.065%$7.3M$25.4M20xas long as short
Bybit WDCUSDTlong0.0000%8h442.92long leg$1.9M$711K25x
OKX WDC-USDT-SWAP0.0000%8h443.47+0.124%$2.0M$4.3M20xas long as short
Gate WDC_USDT0.0000%8h443.30+0.086%$1.9M$2.5M50xas long as short
BloFin WDC-USDT+0.0002%8h443.27+0.079%$141K$95K20xas long as short
Lighter WDC+0.0032%1h442.77−0.034%10xas long as short
GRVT WDC_USDT_Perp+0.0035%8h443.07+0.035%$518$146K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:WDC+0.0050%1h442.97+0.011%$2.3M$2.1M10xas long as short
QFEX WDC-USD+0.0059%1h442.93+0.002%$1.1M$3.0M10xas long as short
KuCoin WDCUSDTM+0.0100%8h442.80−0.027%$272K$50K20xas long as short
Orderly PERP_WDC_USDC_mythos+0.0100%8h443.02+0.023%$9K$2K10xas long as short
SunX WDC-USDT+0.0100%8h443.00+0.018%$2.4M10xas long as short
HTX WDC-USDT+0.0100%8h443.14+0.050%$33K$8K20xas long as short
edgeX WDCUSDCshort+0.0910%4h442.78−0.032%$49K$229K10x