WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.024%

Price spread now: SunX against Bybit+0.022%56s7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$217as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2182.176% of the position

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.080%+$8 · spread now +0.022%, 7d avg −0.008%

Together, before fees+0.082%+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.030% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.008%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WDCUSDT	446.20	0	get 0.0000% / 8h	3h 22m	$1.9M	$859K	25x
Short	SunX WDC-USDT	446.30	0.0100	get 0.0100% / 8h	3h 22m	—	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.022%Rate

Funding earned: $21
Price spread: +0.022% → −0.008%: $2.99
Slippage, 4 orders: −$198.64
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$193.65
Costs to cover: 2.176%
Break-even: 71.5 days

Slippage from Bybit: live order book, 4 min ago; SunX: live order book, 5 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	1.68 bp	63.1 bp −$63	140.6 bp −$1,406	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	46.93 bp	70.6 bp −$71	doesn't fit	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
BloFin WDC-USDT	−0.0013%	8h	446.51	+0.069%	$143K	$94K	20x	as long as short
Aster WDCUSDT	0.0000%	8h	446.06	−0.031%	$10K	$115K	20x	as long as short
Bybit WDCUSDTlong	0.0000%	8h	446.20	long leg	$1.9M	$859K	25x
Gate WDC_USDT	0.0000%	8h	446.20	0.000%	$1.9M	$2.4M	50x	as long as short
Bitget WDCUSDT	0.0000%	8h	446.40	+0.045%	$1.1M	$1.1M	20x	as long as short
Binance WDCUSDT	+0.0015%	8h	446.14	−0.015%	$7.3M	$25.0M	20x	as long as short
Extended WDC-USD	+0.0016%	1h	446.16	−0.010%	$3K	$195K	10x	as long as short
GRVT WDC_USDT_Perp	+0.0025%	8h	447.30	+0.247%	$532	$156K	10x	as long as short
Lighter WDC	+0.0032%	1h	446.00	−0.045%	—	—	10x	as long as short
QFEX WDC-USD	+0.0037%	1h	445.98	−0.049%	$1.1M	$3.2M	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	446.00	−0.045%	$2.4M	$2.1M	10x	as long as short
KuCoin WDCUSDTM	+0.0100%	8h	446.42	+0.049%	$274K	$45K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	446.17	−0.007%	$9K	$2K	10x	as long as short
SunX WDC-USDTshort	+0.0100%	8h	446.30	+0.022%	—	$2.4M	10x
HTX WDC-USDT	+0.0100%	8h	447.43	+0.276%	$33K	$8K	10x	as long as short
OKX WDC-USDT-SWAP	+0.0105%	8h	446.60	+0.090%	$2.1M	$4.0M	20x	as long as short
edgeX WDCUSDC	+0.0264%	4h	447.56	+0.304%	$49K	$229K	10x	as long as short