Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: SunX against Gate+0.068%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1771.773% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.068%, 7d avg +0.015%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.052% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WDC_USDT | 444.40 | 0 | get 0.0000% / 8h | 5h 28m | $1.9M | $2.1M | 50x |
| Short | SunX WDC-USDT | 444.70 | 0.0100 | get 0.0100% / 8h | 5h 28m | — | $1.7M | 10x |
Gate WDC_USDT
SunX WDC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $21
- Price spread: +0.068% → +0.015%
- $5.22
- Slippage, 4 orders
- −$154.33
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$151.11
- Costs to cover
- 1.773%
- Break-even
- 57.4 days
Slippage from Gate: live order book, 2 min ago; SunX: 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, 2 min ago | 3.37 bp | 24.3 bp −$24 | 124.9 bp −$1,249 | doesn't fit | doesn't fit |
| Sell SunX live order book, 1 min ago | 47.22 bp | 66.2 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
WDC on 17 exchanges
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 | −0.0419% | 4h | 444.54 | +0.031% | $49K | $230K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 444.19 | −0.046% | $10K | $136K | 20x | as long as short |
| OKX WDC-USDT-SWAP | 0.0000% | 8h | 444.58 | +0.041% | $1.9M | $4.4M | 20x | as long as short |
| Gate WDC_USDTlong | 0.0000% | 8h | 444.40 | long leg | $1.9M | $2.1M | 50x | |
| Bitget WDCUSDT | 0.0000% | 8h | 444.55 | +0.034% | $1.1M | $1.1M | 20x | as long as short |
| BloFin WDC-USDT | 0.0000% | 8h | 444.62 | +0.050% | $138K | $101K | 20x | as long as short |
| Bybit WDCUSDT | +0.0004% | 8h | 444.50 | +0.023% | $1.9M | $703K | 25x | as long as short |
| Binance WDCUSDT | +0.0022% | 8h | 444.49 | +0.020% | $7.3M | $26.1M | 20x | as long as short |
| Extended WDC-USD | +0.0024% | 1h | 444.34 | −0.013% | $4K | $188K | 10x | as long as short |
| Lighter WDC | +0.0032% | 1h | 444.07 | −0.074% | — | — | 10x | as long as short |
edgeX WDCUSDC
Aster WDCUSDT
OKX WDC-USDT-SWAP
Bitget WDCUSDT
BloFin WDC-USDT
Bybit WDCUSDT
Binance WDCUSDT
Extended WDC-USD
Lighter WDCShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:WDC | +0.0050% | 1h | 444.14 | −0.059% | $2.3M | $2.1M | 10x | as long as short |
| QFEX WDC-USD | +0.0067% | 1h | 444.57 | +0.038% | $1.1M | $3.1M | 10x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 444.30 | −0.023% | $9K | $2K | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 444.27 | −0.029% | $275K | $230K | 20x | as long as short |
| SunX WDC-USDTshort | +0.0100% | 8h | 444.70 | +0.068% | — | $1.7M | 10x | |
| HTX WDC-USDT | +0.0100% | 8h | 444.87 | +0.106% | $33K | $7K | 20x | as long as short |
| GRVT WDC_USDT_Perp | +0.0606% | 8h | 444.72 | +0.072% | $525 | $135K | 10x | as long as short |
tradeXYZ xyz:WDC
QFEX WDC-USD
Orderly PERP_WDC_USDC_mythos
KuCoin WDCUSDTM
HTX WDC-USDT
GRVT WDC_USDT_Perp