Funding you earn now, next payment 05:00 UTC+0.0114%/8h= +12.5% APRpaid last 24h +0.002%
Price spread now: OKX against Extended+0.079%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$510.514% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.079%, 7d avg +0.047%
=Together, before fees+0.108%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.032% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended WDC-USD | 448.20 | 0.0032 | pay 0.0004% / 1h | 48m 37s | $4K | $132K | 10x |
| Short | OKX WDC-USDT-SWAP | 448.55 | 0.0146 | get 0.0146% / 8h | 3h 48m | $2.1M | $3.9M | 20x |
Extended WDC-USD
OKX WDC-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $24.01
- Price spread: +0.079% → +0.047%
- $3.16
- Slippage, 4 orders
- −$36.39
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$24.23
- Costs to cover
- 0.514%
- Break-even
- 14.1 days
Slippage from Extended: live order book, 2 min ago; OKX: live order book, 4 min ago.
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, 2 min ago | 2.34 bp | 15.4 bp −$15 | 160.1 bp −$1,601 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.11 bp | 10.0 bp −$10 | 102.1 bp −$1,021 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX WDCUSDC | −0.0786% | 4h | 449.54 | +0.299% | $50K | $230K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 447.98 | −0.049% | $11K | $115K | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 448.46 | +0.059% | $1.9M | $838K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 448.40 | +0.045% | $1.9M | $2.4M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 448.55 | +0.079% | $1.1M | $1.1M | 20x | as long as short |
| BloFin WDC-USDT | +0.0031% | 8h | 448.42 | +0.050% | $146K | $94K | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 447.92 | −0.062% | — | — | 10x | as long as short |
| Extended WDC-USDlong | +0.0032% | 1h | 448.20 | long leg | $4K | $132K | 10x | |
| Binance WDCUSDT | +0.0036% | 8h | 448.49 | +0.066% | $7.4M | $24.8M | 20x | as long as short |
| QFEX WDC-USD | +0.0037% | 1h | 448.23 | +0.007% | $1.1M | $3.4M | 10x | as long as short |
edgeX WDCUSDC
Aster WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
BloFin WDC-USDT
Lighter WDC
Binance WDCUSDT
QFEX WDC-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:WDC | +0.0050% | 1h | 447.82 | −0.084% | $2.4M | $2.1M | 10x | as long as short |
| GRVT WDC_USDT_Perp | +0.0088% | 8h | 449.80 | +0.357% | $531 | $156K | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 448.04 | −0.035% | $275K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 448.28 | +0.019% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 448.50 | +0.068% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 448.87 | +0.150% | $33K | $8K | 10x | as long as short |
| OKX WDC-USDT-SWAPshort | +0.0146% | 8h | 448.55 | +0.079% | $2.1M | $3.9M | 20x |
tradeXYZ xyz:WDC
GRVT WDC_USDT_Perp
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT