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

WDC

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.10 per $10,000 · paid last 24h +0.021%
Price spread now: tradeXYZ against Extended−0.082%7-day average −0.002% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.082%, 7d avg −0.002%
Together, before fees+0.087%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.080% cheaper against Extended than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of −0.002%). If the spread goes back, that is −$8 on $10k: about 3.4 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.037% in total) that is about 15 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended WDC-USD450.840get 0.0000% / 1h51m 26s$5K$136K10x
ShorttradeXYZ xyz:WDC450.470.0078get 0.0010% / 1h51m 26s$2.4M$2.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$16.37
Price spread: −0.082% → −0.002%
−$8.03
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$14.66
Costs to cover
0.230%
Break-even
13.3 days
Slippage unknown: Extended: live order book, 9 min ago; tradeXYZ: live order book, 6 min ago. Net counts fees only.

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, 9 min ago2.78 bp15.6 bp −$16128.7 bp −$1,287doesn't fitdoesn't fit
Sell tradeXYZ live order book, 6 min ago1.33 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

WDC on 16 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 WDCUSDC−0.0582%4h450.79−0.012%$50K$230K10xas long as short
Aster WDCUSDT0.0000%8h450.51−0.073%$11K$115K20xas long as short
Extended WDC-USDlong0.0000%1h450.84long leg$5K$136K10x
Binance WDCUSDT0.0000%8h450.95+0.025%$7.5M$24.7M20xas long as short
Bybit WDCUSDT0.0000%8h450.96+0.026%$2.0M$822K25xas long as short
Gate WDC_USDT0.0000%8h450.90+0.013%$2.0M$2.5M50xas long as short
Bitget WDCUSDT0.0000%8h450.94+0.022%$1.2M$1.1M20xas long as short
Lighter WDC+0.0032%1h450.38−0.102%10xas long as short
QFEX WDC-USD+0.0050%1h450.82−0.005%$1.1M$3.6M10xas long as short
OKX WDC-USDT-SWAP+0.0063%8h451.10+0.058%$2.2M$3.9M20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:WDCshort+0.0078%1h450.47−0.082%$2.4M$2.2M10x
KuCoin WDCUSDTM+0.0100%8h450.56−0.062%$277K$44K20xas long as short
Orderly PERP_WDC_USDC_mythos+0.0100%8h450.73−0.025%$9K$2K10xas long as short
SunX WDC-USDT+0.0100%8h451.00+0.035%$2.5M10xas long as short
HTX WDC-USDT+0.0100%8h451.06+0.049%$33K$8K10xas long as short
GRVT WDC_USDT_Perp+0.0384%8h450.93+0.020%$541$158K10xas long as short