Funding you earn now, next payment 12:00 UTC−0.0298%/8h= −32.7% APRpaid last 24h +0.093%
Price spread now: edgeX against Gate−0.021%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$700.699% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.021%, 7d avg +0.005%
=Together, before fees+0.021%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and edgeX is 0.026% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.005%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.063%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.063% in total (about 3.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WDC_USDT | 441.50 | 0 | get 0.0000% / 8h | 7h 47m | $1.9M | $2.3M | 50x |
| Short | edgeX WDCUSDC | 441.41 | −0.0298 | pay 0.0149% / 4h | 3h 47m | $49K | $230K | 10x |
Gate WDC_USDT
edgeX WDCUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$62.63
- Price spread: −0.021% → +0.005%
- −$2.57
- Slippage, 4 orders
- −$45.87
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$135.07
- Costs to cover
- 0.699%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; edgeX: live order book, 50 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, 1 min ago | 2.26 bp | 22.0 bp −$22 | 131.1 bp −$1,311 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 50 min ago | 2.26 bp | 10.0 bp −$10 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget WDCUSDT | −0.0345% | 8h | 441.40 | −0.023% | $1.1M | $1.1M | 20x | as long as short |
| edgeX WDCUSDCshort | −0.0298% | 4h | 441.41 | −0.021% | $49K | $230K | 10x | |
| tradeXYZ xyz:WDC | −0.0076% | 1h | 441.28 | −0.050% | $2.3M | $2.1M | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 441.16 | −0.076% | $10K | $136K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 441.39 | −0.026% | $2K | $188K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 441.16 | −0.077% | $7.3M | $25.7M | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 441.60 | +0.023% | $1.9M | $706K | 25x | as long as short |
| OKX WDC-USDT-SWAP | 0.0000% | 8h | 441.58 | +0.018% | $2.0M | $4.3M | 20x | as long as short |
| Gate WDC_USDTlong | 0.0000% | 8h | 441.50 | long leg | $1.9M | $2.3M | 50x | |
| GRVT WDC_USDT_Perp | 0.0000% | 8h | 441.15 | −0.080% | $512 | $145K | 10x | as long as short |
Bitget WDCUSDT
tradeXYZ xyz:WDC
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Bybit WDCUSDT
OKX WDC-USDT-SWAP
GRVT WDC_USDT_PerpShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin WDC-USDT | +0.0021% | 8h | 441.33 | −0.039% | $140K | $95K | 20x | as long as short |
| QFEX WDC-USD | +0.0028% | 1h | 441.44 | −0.014% | $1.1M | $3.0M | 10x | as long as short |
| Lighter WDC | +0.0032% | 1h | 441.27 | −0.052% | — | — | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 441.37 | −0.029% | $272K | $77K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 441.28 | −0.050% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 441.40 | −0.023% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 441.88 | +0.086% | $33K | $9K | 20x | as long as short |
BloFin WDC-USDT
QFEX WDC-USD
Lighter WDC
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT