Settings8H · net · $10k
Funding arb · Price arb /

WDC

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0984%/8h= +107.7% APRpaid last 24h +0.060%
Price spread now: Bitget against edgeX+0.004%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$990.990% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.077%+$8 on $10k
Price spread, last 4 days (all we have)+0.386%+$39 · spread now +0.004%, 7d avg +0.019%
Together, before fees+0.463%+ Points / potential airdropedgeX: Active · farm board+$46 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$30 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.077% in total (about 4.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX WDCUSDC450.75−0.0984get 0.0492% / 4h2h 23m$50K$229K10x
ShortBitget WDCUSDT450.770get 0.0000% / 8h6h 23m$1.2M$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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

Funding earned
$206.54
Price spread: +0.004% → +0.019%
−$1.51
Slippage, 4 orders
−$77.95
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
$106.07
Costs to cover
0.990%
Break-even
3.4 days
Slippage from edgeX: live order book, 44 min ago; Bitget: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 44 min ago4.31 bp13.2 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago3.77 bp52.8 bp −$53doesn't fitdoesn't fitdoesn't fit

WDC on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX WDCUSDClong−0.0984%4h450.75long leg$50K$229K10x
Aster WDCUSDT0.0000%8h450.29−0.102%$11K$115K20xas long as short
Extended WDC-USD0.0000%1h450.69−0.013%$4K$134K10xas long as short
Binance WDCUSDT0.0000%8h450.81+0.013%$7.5M$25.0M20xas long as short
Bybit WDCUSDT0.0000%8h450.84+0.020%$2.0M$824K25xas long as short
Gate WDC_USDT0.0000%8h450.60−0.033%$2.0M$2.6M50xas long as short
Bitget WDCUSDTshort0.0000%8h450.77+0.004%$1.2M$1.1M20x
Lighter WDC+0.0032%1h450.22−0.118%10xas long as short
OKX WDC-USDT-SWAP+0.0054%8h450.68−0.016%$2.2M$4.0M20xas long as short
QFEX WDC-USD+0.0062%1h450.68−0.016%$1.1M$3.7M10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:WDC+0.0076%1h450.52−0.051%$2.4M$2.2M10xas long as short
KuCoin WDCUSDTM+0.0100%8h450.81+0.013%$277K$44K20xas long as short
Orderly PERP_WDC_USDC_mythos+0.0100%8h450.60−0.033%$9K$2K10xas long as short
SunX WDC-USDT+0.0100%8h450.80+0.011%$2.5M10xas long as short
HTX WDC-USDT+0.0100%8h450.97+0.049%$33K$8K10xas long as short
GRVT WDC_USDT_Perp+0.0454%8h450.67−0.017%$771$161K10xas long as short