WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0015%/8h= +1.6% APRpaid last 24h −0.039%

Price spread now: QFEX against Bybit−0.044%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$890.893% of the position

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.032%−$3 on $10k

Price spread, last 7 days−0.008%−$1 · spread now −0.044%, 7d avg −0.050%

Together, before fees−0.040%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: $0 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	449.46	0	get 0.0000% / 8h	1h 13m	$1.9M	$794K	25x
Short	QFEX WDC-USD	449.26	0.0015	get 0.0002% / 1h	13m 19s	$1.1M	$3.8M	10x

Funding history

latest

Range statsloading…

QFEX against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BybitbpFee QFEXbpOrdersPrice spread, now −0.044%Rate

Slippage from Bybit: live order book, 3 min ago; QFEX: live order book, 5 min ago.

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, 3 min ago	1.22 bp	19.4 bp −$19	145.2 bp −$1,452	doesn't fit	doesn't fit
Sell QFEX live order book, 5 min ago	2.12 bp	8.0 bp −$8	10.4 bp −$104	doesn't fit	doesn't fit

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	449.26	−0.044%	$20K	$105K	20x	as long as short
Extended WDC-USD	0.0000%	1h	449.25	−0.047%	$6K	$140K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	449.34	−0.027%	$7.8M	$25.5M	20x	as long as short
Bybit WDCUSDTlong	0.0000%	8h	449.46	long leg	$1.9M	$794K	25x
Gate WDC_USDT	0.0000%	8h	449.30	−0.036%	$2.0M	$3.0M	50x	as long as short
Bitget WDCUSDT	0.0000%	8h	449.35	−0.024%	$1.2M	$1.2M	20x	as long as short
GRVT WDC_USDT_Perp	0.0000%	8h	449.35	−0.024%	$1K	$177K	10x	as long as short
QFEX WDC-USDshort	+0.0015%	1h	449.26	−0.044%	$1.1M	$3.8M	10x
BloFin WDC-USDT	+0.0020%	8h	449.35	−0.024%	$146K	$93K	20x	as long as short
Lighter WDC	+0.0032%	1h	448.91	−0.122%	—	—	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WDC-USDT-SWAP	+0.0037%	8h	449.38	−0.018%	$2.2M	$4.1M	20x	as long as short
tradeXYZ xyz:WDC	+0.0050%	1h	448.98	−0.107%	$2.4M	$2.5M	10x	as long as short
KuCoin WDCUSDTM	+0.0100%	8h	449.15	−0.069%	$299K	$17K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	449.15	−0.069%	$9K	$2K	10x	as long as short
SunX WDC-USDT	+0.0100%	8h	449.40	−0.013%	—	$2.6M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	449.52	+0.013%	$33K	$9K	10x	as long as short
edgeX WDCUSDC	+0.0345%	4h	449.15	−0.070%	$50K	$231K	10x	as long as short