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

WDC

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.006%
Price spread now: Extended against edgeX−0.024%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$520.521% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.071%+$7 on $10k
Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.024%, 7d avg −0.014%
Together, before fees+0.156%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.071%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.071% in total (about 3.7% 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 WDCUSDC445.710.0244pay 0.0122% / 4h2h 50m$49K$230K10x
ShortExtended WDC-USD445.600get 0.0000% / 1h50m 54s$6K$165K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$51.22
Price spread: −0.024% → −0.014%
−$1.01
Slippage, 4 orders
−$38.15
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$104.37
Costs to cover
0.521%
Break-even
never at this rate
Slippage from edgeX: live order book, 61 min ago; Extended: live order book, 60 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, 61 min ago2.00 bp10.5 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 60 min ago2.34 bp15.2 bp −$15150.0 bp −$1,500doesn't fitdoesn't fit

WDC on 17 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
Bitget WDCUSDT−0.0144%8h445.70−0.002%$1.1M$1.1M20xas long as short
BloFin WDC-USDT−0.0019%8h445.72+0.003%$143K$94K20xas long as short
Aster WDCUSDT0.0000%8h445.40−0.070%$10K$115K20xas long as short
Extended WDC-USDshort0.0000%1h445.60−0.024%$6K$165K10x
Bybit WDCUSDT0.0000%8h445.55−0.035%$1.9M$865K25xas long as short
Gate WDC_USDT0.0000%8h445.50−0.046%$1.9M$2.4M50xas long as short
GRVT WDC_USDT_Perp0.0000%8h445.94+0.052%$531$155K10xas long as short
Binance WDCUSDT+0.0001%8h445.72+0.002%$7.3M$25.2M20xas long as short
QFEX WDC-USD+0.0018%1h445.80+0.021%$1.1M$3.2M10xas long as short
Lighter WDC+0.0032%1h445.10−0.136%10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:WDC+0.0063%1h445.39−0.071%$2.4M$2.1M10xas long as short
OKX WDC-USDT-SWAP+0.0073%8h445.84+0.030%$2.1M$4.1M20xas long as short
KuCoin WDCUSDTM+0.0100%8h445.33−0.085%$273K$45K20xas long as short
Orderly PERP_WDC_USDC_mythos+0.0100%8h445.67−0.008%$9K$2K10xas long as short
SunX WDC-USDT+0.0100%8h446.10+0.088%$2.4M10xas long as short
HTX WDC-USDT+0.0100%8h446.05+0.077%$33K$8K10xas long as short
edgeX WDCUSDClong+0.0244%4h445.71long leg$49K$230K10x