Funding you earn now, next payment 04:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h −0.005%
Price spread now: Extended against Bybit+0.014%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1151.145% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.014%, 7d avg −0.033%
=Together, before fees−0.151%+ Points / potential airdropExtended: Active · farm board−$15 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 Extended is 0.047% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.033%. Mind the row above: over the last 7 days funding on this pair cost −0.062%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WDCUSDT | 451.38 | 0 | get 0.0000% / 8h | 4h 22m | $1.9M | $854K | 25x |
| Short | Extended WDC-USD | 451.44 | 0.0048 | get 0.0006% / 1h | 22m 09s | $6K | $132K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.08
- Price spread: +0.014% → −0.033%
- $4.67
- Slippage, 4 orders
- −$98.53
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$99.78
- Costs to cover
- 1.145%
- Break-even
- 76.3 days
Slippage from Bybit: live order book, 4 min ago; Extended: live order book, 34 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 Bybit live order book, 4 min ago | 1.66 bp | 64.8 bp −$65 | 144.3 bp −$1,443 | doesn't fit | doesn't fit |
| Sell Extended live order book, 34 min ago | 2.66 bp | 15.7 bp −$16 | 194.1 bp −$1,941 | 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 | −0.0923% | 4h | 451.19 | −0.041% | $50K | $229K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 450.97 | −0.092% | $11K | $115K | 20x | as long as short |
| Bybit WDCUSDTlong | 0.0000% | 8h | 451.38 | long leg | $1.9M | $854K | 25x | |
| Gate WDC_USDT | 0.0000% | 8h | 451.40 | +0.004% | $1.9M | $2.5M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 451.50 | +0.027% | $1.2M | $1.1M | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 450.64 | −0.164% | — | — | 10x | as long as short |
| Binance WDCUSDT | +0.0048% | 8h | 451.56 | +0.040% | $7.5M | $24.7M | 20x | as long as short |
| Extended WDC-USDshort | +0.0048% | 1h | 451.44 | +0.014% | $6K | $132K | 10x | |
| tradeXYZ xyz:WDC | +0.0050% | 1h | 451.15 | −0.051% | $2.4M | $2.1M | 10x | as long as short |
| QFEX WDC-USD | +0.0058% | 1h | 451.36 | −0.004% | $1.1M | $3.5M | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin WDC-USDT | +0.0065% | 8h | 451.34 | −0.009% | $146K | $94K | 20x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 451.04 | −0.075% | $277K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 451.21 | −0.038% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 451.50 | +0.027% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 451.48 | +0.022% | $33K | $8K | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0148% | 8h | 451.51 | +0.029% | $2.2M | $3.9M | 20x | as long as short |
| GRVT WDC_USDT_Perp | +0.0179% | 8h | 451.28 | −0.022% | $542 | $156K | 10x | as long as short |
Bybit WDCUSDT
Extended WDC-USD
edgeX WDCUSDC
Aster WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
Lighter WDC
Binance WDCUSDT
tradeXYZ xyz:WDC
BloFin WDC-USDT
KuCoin WDCUSDTM
SunX WDC-USDT
HTX WDC-USDT
OKX WDC-USDT-SWAP
GRVT WDC_USDT_Perp