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+0.0886%/8h= +97.0% APRpaid last 24h +0.023%
Price spread now: SunX against edgeX−0.231%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1521.522% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.138%+$14 on $10k
Price spread, last 4 days (all we have)+0.219%+$22 · spread now −0.231%, 7d avg +0.007%
Together, before fees+0.357%+ Points / potential airdropedgeX: Active · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.238% cheaper against edgeX than usual: you would sell low and buy high (spread −0.231% now, against its 7-day average of +0.007%). If the spread goes back, that is −$24 on $10k: about 21 hours of funding at the current rate (+$27 a day). At the pace of the last 7 days (+0.138% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.138% in total (about 7.2% 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 WDCUSDC449.54−0.0786get 0.0393% / 4h3h 48m$50K$230K10x
ShortSunX WDC-USDT448.500.0100get 0.0100% / 8h3h 48m$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$186.03
Price spread: −0.231% → +0.007%
−$23.8
Slippage, 4 orders
−$135.22
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
$10.02
Costs to cover
1.522%
Break-even
6.6 days
Slippage from edgeX: live order book, 4 min ago; SunX: live order book, 9 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, 4 min ago2.00 bp10.5 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 9 min ago46.67 bp65.8 bp −$66doesn'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
edgeX WDCUSDClong−0.0786%4h449.54long leg$50K$230K10x
Aster WDCUSDT0.0000%8h447.98−0.347%$11K$115K20xas long as short
Bybit WDCUSDT0.0000%8h448.46−0.240%$1.9M$838K25xas long as short
Gate WDC_USDT0.0000%8h448.40−0.253%$1.9M$2.4M50xas long as short
Bitget WDCUSDT0.0000%8h448.55−0.220%$1.1M$1.1M20xas long as short
BloFin WDC-USDT+0.0031%8h448.42−0.249%$146K$94K20xas long as short
Lighter WDC+0.0032%1h447.92−0.360%10xas long as short
Extended WDC-USD+0.0032%1h448.20−0.298%$4K$132K10xas long as short
Binance WDCUSDT+0.0036%8h448.49−0.233%$7.4M$24.8M20xas long as short
QFEX WDC-USD+0.0037%1h448.23−0.291%$1.1M$3.4M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:WDC+0.0050%1h447.82−0.382%$2.4M$2.1M10xas long as short
GRVT WDC_USDT_Perp+0.0088%8h449.80+0.057%$531$156K10xas long as short
KuCoin WDCUSDTM+0.0100%8h448.04−0.333%$275K$45K20xas long as short
Orderly PERP_WDC_USDC_mythos+0.0100%8h448.28−0.280%$9K$2K10xas long as short
SunX WDC-USDTshort+0.0100%8h448.50−0.231%$2.4M10x
HTX WDC-USDT+0.0100%8h448.87−0.148%$33K$8K10xas long as short
OKX WDC-USDT-SWAP+0.0146%8h448.55−0.220%$2.1M$3.9M20xas long as short