Funding you earn now, next payment 08:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.44 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate−0.012%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$620.618% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 7 days+0.078%+$8 · spread now −0.012%, 7d avg +0.006%
=The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WDC_USDT | 449.70 | 0 | get 0.0000% / 8h | 3h 56m | $1.9M | $2.4M | 50x |
| Short | Binance WDCUSDT | 449.65 | 0.0044 | get 0.0044% / 8h | 3h 56m | $7.4M | $24.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $9.22
- Price spread: −0.012% → +0.006%
- −$1.8
- Slippage, 4 orders
- −$36.78
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$54.35
- Costs to cover
- 0.618%
- Break-even
- 48.3 days
Slippage from Gate: live order book, 2 min ago; Binance: live order book, 15 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 Gate live order book, 2 min ago | 2.22 bp | 21.0 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.55 bp | 9.8 bp −$10 | 31.7 bp −$317 | 163.2 bp −$16.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster WDCUSDT | 0.0000% | 8h | 449.79 | +0.020% | $11K | $115K | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 449.68 | −0.004% | $1.9M | $863K | 25x | as long as short |
| Gate WDC_USDTlong | 0.0000% | 8h | 449.70 | long leg | $1.9M | $2.4M | 50x | |
| Bitget WDCUSDT | 0.0000% | 8h | 449.84 | +0.031% | $1.1M | $1.1M | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 449.50 | −0.044% | — | — | 10x | as long as short |
| QFEX WDC-USD | +0.0037% | 1h | 449.85 | +0.033% | $1.1M | $3.4M | 10x | as long as short |
| Extended WDC-USD | +0.0040% | 1h | 449.77 | +0.015% | $4K | $134K | 10x | as long as short |
| Binance WDCUSDTshort | +0.0044% | 8h | 449.65 | −0.012% | $7.4M | $24.8M | 20x | |
| tradeXYZ xyz:WDC | +0.0050% | 1h | 449.44 | −0.058% | $2.4M | $2.1M | 10x | as long as short |
| BloFin WDC-USDT | +0.0065% | 8h | 450.13 | +0.096% | $146K | $94K | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin WDCUSDTM | +0.0100% | 8h | 449.89 | +0.042% | $276K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 449.87 | +0.038% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 449.80 | +0.022% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 450.24 | +0.120% | $33K | $8K | 10x | as long as short |
| GRVT WDC_USDT_Perp | +0.0111% | 8h | 450.28 | +0.130% | $527 | $156K | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0146% | 8h | 449.79 | +0.020% | $2.2M | $3.9M | 20x | as long as short |
| edgeX WDCUSDC | +0.0319% | 4h | 450.08 | +0.085% | $50K | $229K | 10x | as long as short |
Gate WDC_USDT
Binance WDCUSDT
Aster WDCUSDT
Bybit WDCUSDT
Bitget WDCUSDT
Lighter WDC
Extended WDC-USD
tradeXYZ xyz:WDC
BloFin WDC-USDT
KuCoin WDCUSDTM
SunX WDC-USDT
HTX WDC-USDT
GRVT WDC_USDT_Perp
OKX WDC-USDT-SWAP
edgeX WDCUSDC