Funding you earn now, next payment 08:00 UTC+0.0057%/8h= +6.3% APRnext payment +$0.57 per $10,000 · paid last 24h −0.003%
Price spread now: OKX against Bybit+0.004%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$860.857% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 7 days+0.009%+$1 · spread now +0.004%, 7d avg +0.017%
=The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WDCUSDT | 450.68 | 0 | get 0.0000% / 8h | 6h 41m | $2.0M | $816K | 25x |
| Short | OKX WDC-USDT-SWAP | 450.70 | 0.0057 | get 0.0057% / 8h | 6h 41m | $2.2M | $4.0M | 20x |
Bybit WDCUSDT
OKX WDC-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $12.04
- Price spread: +0.004% → +0.017%
- −$1.27
- Slippage, 4 orders
- −$64.68
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$74.91
- Costs to cover
- 0.857%
- Break-even
- 50.5 days
Slippage from Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 1.66 bp | 22.4 bp −$22 | 147.6 bp −$1,476 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.77 bp | 12.4 bp −$12 | 103.7 bp −$1,037 | 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 | −0.0302% | 4h | 450.72 | +0.009% | $50K | $229K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 450.38 | −0.067% | $11K | $115K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 450.34 | −0.075% | $4K | $133K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 450.39 | −0.064% | $7.5M | $24.9M | 20x | as long as short |
| Bybit WDCUSDTlong | 0.0000% | 8h | 450.68 | long leg | $2.0M | $816K | 25x | |
| Gate WDC_USDT | 0.0000% | 8h | 450.40 | −0.062% | $2.0M | $2.6M | 50x | as long as short |
| BloFin WDC-USDT | +0.0021% | 8h | 451.82 | +0.253% | $146K | $94K | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 450.23 | −0.100% | — | — | 10x | as long as short |
| OKX WDC-USDT-SWAPshort | +0.0057% | 8h | 450.70 | +0.004% | $2.2M | $4.0M | 20x | |
| Bitget WDCUSDT | +0.0058% | 8h | 450.53 | −0.033% | $1.2M | $1.1M | 20x | as long as short |
edgeX WDCUSDC
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Gate WDC_USDT
BloFin WDC-USDT
Lighter WDC
Bitget WDCUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX WDC-USD | +0.0062% | 1h | 450.40 | −0.062% | $1.1M | $3.8M | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 450.55 | −0.029% | $277K | $44K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 450.42 | −0.058% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 450.50 | −0.040% | — | $2.6M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 450.50 | −0.040% | $33K | $8K | 10x | as long as short |
| tradeXYZ xyz:WDC | +0.0112% | 1h | 450.19 | −0.109% | $2.4M | $2.2M | 10x | as long as short |
| GRVT WDC_USDT_Perp | +0.0637% | 8h | 451.15 | +0.104% | $866 | $161K | 10x | as long as short |
QFEX WDC-USD
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT
tradeXYZ xyz:WDC
GRVT WDC_USDT_Perp