Funding arb · Price arb /

WDC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.028%

Price spread now: HTX against Extended+0.126%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.126% dearer against Extended than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WDC-USD	448.30	0.0032	pay 0.0004% / 1h	45m 47s	$4K	$132K	10x
Short	HTX WDC-USDT	448.87	0.0100	get 0.0100% / 8h	3h 45m	$33K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee ExtendedbpFee HTXbpOrdersPrice spread, now +0.126%Rate

Funding earned: $14.28
Price spread: +0.126% → 0.000%: $12.62
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: $9.9
Costs to cover: 0.170%
Break-even: 2.1 days

Slippage unknown: Extended: live order book, 5 min ago; HTX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 5 min ago	2.34 bp	15.4 bp −$15	160.1 bp −$1,601	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

WDC on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WDCUSDT	0.0000%	8h	448.49	+0.041%	$11K	$115K	20x	as long as short
Bybit WDCUSDT	0.0000%	8h	448.40	+0.021%	$1.9M	$839K	25x	as long as short
Gate WDC_USDT	0.0000%	8h	448.40	+0.021%	$1.9M	$2.4M	50x	as long as short
Bitget WDCUSDT	0.0000%	8h	448.56	+0.057%	$1.1M	$1.1M	20x	as long as short
BloFin WDC-USDT	+0.0025%	8h	449.11	+0.180%	$146K	$94K	20x	as long as short
Lighter WDC	+0.0032%	1h	448.02	−0.063%	—	—	10x	as long as short
Extended WDC-USDlong	+0.0032%	1h	448.30	long leg	$4K	$132K	10x
Binance WDCUSDT	+0.0033%	8h	448.45	+0.032%	$7.4M	$24.8M	20x	as long as short
QFEX WDC-USD	+0.0037%	1h	448.52	+0.048%	$1.1M	$3.4M	10x	as long as short
edgeX WDCUSDC	+0.0043%	4h	448.31	+0.002%	$50K	$230K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:WDC	+0.0050%	1h	448.13	−0.039%	$2.4M	$2.1M	10x	as long as short
GRVT WDC_USDT_Perp	+0.0073%	8h	448.15	−0.035%	$529	$156K	10x	as long as short
KuCoin WDCUSDTM	+0.0100%	8h	448.38	+0.017%	$275K	$45K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	448.54	+0.053%	$9K	$2K	10x	as long as short
SunX WDC-USDT	+0.0100%	8h	448.80	+0.111%	—	$2.4M	10x	as long as short
HTX WDC-USDTshort	+0.0100%	8h	448.87	+0.126%	$33K	$8K	10x
OKX WDC-USDT-SWAP	+0.0143%	8h	448.53	+0.050%	$2.1M	$3.9M	20x	as long as short