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

WDC

RWAall WDC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0287%/8h= +31.4% APRpaid last 24h −0.135%
Price spread now: edgeX against Extended−0.079%73s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$560.561% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.223%−$22 on $10k
Price spread, last 3 days (all we have)+0.037%+$4 · spread now −0.079%, 7d avg +0.010%
Together, before fees−0.186%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.089% cheaper against Extended than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of +0.010%). If the spread goes back, that is −$9 on $10k: about 25 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.223%, so the current rate has only just turned in your favour. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended WDC-USD449.910get 0.0000% / 1h54m 20s$6K$136K10x
ShortedgeX WDCUSDC449.560.0287get 0.0144% / 4h3h 54m$50K$230K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Extended. 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
$60.31
Price spread: −0.079% → +0.010%
−$8.9
Slippage, 4 orders
−$42.05
Fee Extended: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$4.64
Costs to cover
0.561%
Break-even
7.5 days
Slippage from Extended: live order book, 16 min ago; edgeX: live order book, 18 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 Extended live order book, 16 min ago4.24 bp19.0 bp −$19164.2 bp −$1,642doesn't fitdoesn't fit
Sell edgeX live order book, 18 min ago1.67 bp10.2 bp −$10doesn'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
BloFin WDC-USDT−0.0024%8h449.74−0.038%$145K$94K20xas long as short
Aster WDCUSDT0.0000%8h449.64−0.059%$11K$115K20xas long as short
Extended WDC-USDlong0.0000%1h449.91long leg$6K$136K10x
Binance WDCUSDT0.0000%8h450.00+0.020%$7.7M$25.4M20xas long as short
Gate WDC_USDT0.0000%8h449.50−0.091%$2.0M$2.6M50xas long as short
Bitget WDCUSDT0.0000%8h449.76−0.034%$1.2M$1.2M20xas long as short
GRVT WDC_USDT_Perp0.0000%8h449.60−0.069%$1K$171K10xas long as short
OKX WDC-USDT-SWAP+0.0014%8h450.06+0.033%$2.2M$4.1M20xas long as short
QFEX WDC-USD+0.0031%1h449.73−0.040%$1.1M$4.0M10xas long as short
Lighter WDC+0.0032%1h449.62−0.065%10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin WDCUSDTM+0.0100%8h449.31−0.134%$299K$17K20xas long as short
Orderly PERP_WDC_USDC_mythos+0.0100%8h449.78−0.029%$9K$2K10xas long as short
SunX WDC-USDT+0.0100%8h449.90−0.002%$2.6M10xas long as short
HTX WDC-USDT+0.0100%8h449.67−0.054%$33K$9K10xas long as short
tradeXYZ xyz:WDC+0.0165%1h449.61−0.067%$2.4M$2.2M10xas long as short
edgeX WDCUSDCshort+0.0287%4h449.56−0.079%$50K$230K10x
Bybit WDCUSDT+0.0461%8h449.92+0.002%$1.9M$787K25xas long as short