WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.017%

Price spread now: Orderly against Bybit−0.054%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Orderly is 0.054% cheaper against Bybit than usual: you would sell low and buy high (spread −0.054% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 43 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WDCUSDT	448.35	0	get 0.0000% / 8h	2h 08m	$1.9M	$793K	25x
Short	Orderly PERP_WDC_USDC_mythos	448.11	0.0100	get 0.0100% / 8h	2h 08m	$9K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee BybitbpFee OrderlybpOrdersPrice spread, now −0.054%Rate

Funding earned: $21
Price spread: −0.054% → 0.000%: −$5.35
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$1.35
Costs to cover: 0.170%
Break-even: 7.5 days

Slippage unknown: Bybit: live order book, 8 min ago; Orderly: no order-book sample. Net counts fees only.

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, 8 min ago	2.68 bp	36.2 bp −$36	304.0 bp −$3,040	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster WDCUSDT	0.0000%	8h	448.58	+0.051%	$20K	$105K	20x	as long as short
Extended WDC-USD	0.0000%	1h	448.16	−0.042%	$6K	$143K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	448.20	−0.034%	$7.8M	$25.7M	20x	as long as short
Bybit WDCUSDTlong	0.0000%	8h	448.35	long leg	$1.9M	$793K	25x
Gate WDC_USDT	0.0000%	8h	447.90	−0.100%	$2.0M	$3.1M	50x	as long as short
Bitget WDCUSDT	0.0000%	8h	448.18	−0.038%	$1.1M	$1.3M	20x	as long as short
GRVT WDC_USDT_Perp	0.0000%	8h	448.27	−0.018%	$744	$181K	10x	as long as short
BloFin WDC-USDT	+0.0023%	8h	448.55	+0.045%	$146K	$93K	20x	as long as short
Lighter WDC	+0.0032%	1h	448.12	−0.051%	—	—	10x	as long as short
QFEX WDC-USD	+0.0044%	1h	448.24	−0.025%	$1.1M	$3.7M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:WDC	+0.0050%	1h	448.07	−0.062%	$2.4M	$2.5M	10x	as long as short
OKX WDC-USDT-SWAP	+0.0085%	8h	448.19	−0.036%	$2.2M	$4.1M	20x	as long as short
KuCoin WDCUSDTM	+0.0100%	8h	448.06	−0.065%	$299K	$17K	20x	as long as short
Orderly PERP_WDC_USDC_mythosshort	+0.0100%	8h	448.11	−0.054%	$9K	$2K	10x
SunX WDC-USDT	+0.0100%	8h	448.20	−0.033%	—	$2.7M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	448.29	−0.013%	$33K	$9K	10x	as long as short
edgeX WDCUSDC	+0.0625%	4h	448.23	−0.026%	$50K	$230K	10x	as long as short