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

WDC

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.007%
Price spread now: GRVT against edgeX+0.052%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$540.543% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.179%+$18 on $10k
Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.052%, 7d avg +0.016%
Together, before fees+0.137%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.036% dearer against edgeX than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of +0.016%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 12 hours. Mind the row above: over the last 7 days funding on this pair paid +0.179%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX WDCUSDC445.710.0244pay 0.0122% / 4h2h 51m$49K$230K10x
ShortGRVT WDC_USDT_Perp445.940get 0.0000% / 8h2h 51m$531$155K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.052% → +0.016%
$3.58
Slippage, 4 orders
−$36.27
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$101.91
Costs to cover
0.543%
Break-even
never at this rate
Slippage from edgeX: live order book, 61 min ago; GRVT: live order book, 56 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 GRVT live order book, 56 min ago3.23 bp19.5 bp −$20doesn't fitdoesn'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%8h445.97+0.059%$1.1M$1.1M20xas long as short
BloFin WDC-USDT−0.0014%8h445.64−0.015%$143K$94K20xas long as short
Aster WDCUSDT0.0000%8h445.70−0.002%$10K$115K20xas long as short
Extended WDC-USD0.0000%1h445.81+0.022%$6K$165K10xas long as short
Bybit WDCUSDT0.0000%8h445.73+0.005%$1.9M$865K25xas long as short
Gate WDC_USDT0.0000%8h445.80+0.021%$1.9M$2.4M50xas long as short
GRVT WDC_USDT_Perpshort0.0000%8h445.94+0.052%$531$155K10x
Binance WDCUSDT+0.0001%8h445.93+0.050%$7.3M$25.1M20xas 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+0.0052%1h445.60−0.024%$2.4M$2.1M10xas long as short
OKX WDC-USDT-SWAP+0.0073%8h446.06+0.079%$2.1M$4.1M20xas long as short
KuCoin WDCUSDTM+0.0100%8h445.55−0.035%$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