WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0071%/8h= +7.8% APRnext payment +$0.71 per $10,000 · paid last 24h +0.004%

Price spread now: OKX against Gate+0.058%7-day average +0.022% · 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−$62as in the Price arb table

costs, in and out, $10k−$660.660% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.271%+$27 on $10k

Price spread, last 7 days+0.009%+$1 · spread now +0.058%, 7d avg +0.022%

Together, before fees+0.280%+$28 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.036% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WDC_USDT	445.80	0	get 0.0000% / 8h	2h 51m	$1.9M	$2.4M	50x
Short	OKX WDC-USDT-SWAP	446.06	0.0071	get 0.0071% / 8h	2h 51m	$2.1M	$4.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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 GatebpFee OKXbpOrdersPrice spread, now +0.058%Rate

Funding earned: $15.01
Price spread: +0.058% → +0.022%: $3.65
Slippage, 4 orders: −$40.98
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$47.33
Costs to cover: 0.660%
Break-even: 29.1 days

Slippage from Gate: live order book, 1 min ago; OKX: live order book, 1 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	1.12 bp	16.3 bp −$16	141.9 bp −$1,419	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.11 bp	12.8 bp −$13	105.8 bp −$1,058	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	−0.0144%	8h	445.96	+0.036%	$1.1M	$1.1M	20x	as long as short
BloFin WDC-USDT	−0.0014%	8h	445.64	−0.036%	$143K	$94K	20x	as long as short
Aster WDCUSDT	0.0000%	8h	445.67	−0.029%	$10K	$115K	20x	as long as short
Extended WDC-USD	0.0000%	1h	445.81	+0.002%	$6K	$165K	10x	as long as short
Bybit WDCUSDT	0.0000%	8h	445.73	−0.016%	$1.9M	$865K	25x	as long as short
Gate WDC_USDTlong	0.0000%	8h	445.80	long leg	$1.9M	$2.4M	50x
GRVT WDC_USDT_Perp	0.0000%	8h	445.94	+0.031%	$531	$155K	10x	as long as short
Binance WDCUSDT	+0.0001%	8h	445.93	+0.029%	$7.3M	$25.1M	20x	as long as short
QFEX WDC-USD	+0.0018%	1h	445.80	0.000%	$1.1M	$3.2M	10x	as long as short
Lighter WDC	+0.0032%	1h	445.10	−0.157%	—	—	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	+0.0052%	1h	445.60	−0.045%	$2.4M	$2.1M	10x	as long as short
OKX WDC-USDT-SWAPshort	+0.0071%	8h	446.06	+0.058%	$2.1M	$4.1M	20x
KuCoin WDCUSDTM	+0.0100%	8h	445.53	−0.061%	$273K	$45K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	445.41	−0.087%	$9K	$2K	10x	as long as short
SunX WDC-USDT	+0.0100%	8h	446.00	+0.045%	—	$2.4M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	446.05	+0.056%	$33K	$8K	10x	as long as short
edgeX WDCUSDC	+0.0244%	4h	445.71	−0.021%	$49K	$230K	10x	as long as short