WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.7% APRnext payment −$0.24 per $10,000 · paid last 24h +0.003%

Price spread now: BloFin against GRVT+0.031%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$460.461% of the position

Long on GRVT Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.098%−$10 on $10k

Price spread, last 3 days (all we have)−0.064%−$6 · spread now +0.031%, 7d avg +0.002%

Together, before fees−0.162%+ Points / potential airdropGRVT: Active · farm board−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.030% dearer against GRVT than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of +0.002%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT WDC_USDT_Perp	449.60	0	get 0.0000% / 8h	7h 53m	$1K	$171K	10x
Short	BloFin WDC-USDT	449.74	−0.0024	pay 0.0024% / 8h	7h 53m	$145K	$94K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against GRVT. 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 GRVTbpFee BloFinbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$5.09
Price spread: +0.031% → +0.002%: $2.96
Slippage, 4 orders: −$25.14
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$48.28
Costs to cover: 0.461%
Break-even: never at this rate

Slippage from GRVT: live order book, 14 min ago; BloFin: live order book, 2 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 GRVT live order book, 14 min ago	1.56 bp	13.1 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	1.00 bp	10.1 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
BloFin WDC-USDTshort	−0.0024%	8h	449.74	+0.031%	$145K	$94K	20x
Aster WDCUSDT	0.0000%	8h	449.70	+0.022%	$11K	$115K	20x	as long as short
Extended WDC-USD	0.0000%	1h	449.92	+0.071%	$6K	$136K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	450.36	+0.169%	$7.7M	$25.4M	20x	as long as short
Gate WDC_USDT	0.0000%	8h	449.80	+0.044%	$2.0M	$2.6M	50x	as long as short
Bitget WDCUSDT	0.0000%	8h	450.08	+0.107%	$1.2M	$1.2M	20x	as long as short
GRVT WDC_USDT_Perplong	0.0000%	8h	449.60	long leg	$1K	$171K	10x
OKX WDC-USDT-SWAP	+0.0012%	8h	450.45	+0.189%	$2.2M	$4.1M	20x	as long as short
QFEX WDC-USD	+0.0031%	1h	449.73	+0.029%	$1.1M	$4.0M	10x	as long as short
Lighter WDC	+0.0032%	1h	449.81	+0.047%	—	—	10x	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	449.65	+0.011%	$300K	$17K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	449.78	+0.040%	$9K	$2K	10x	as long as short
SunX WDC-USDT	+0.0100%	8h	449.90	+0.067%	—	$2.6M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	449.67	+0.016%	$33K	$9K	10x	as long as short
tradeXYZ xyz:WDC	+0.0134%	1h	449.96	+0.080%	$2.4M	$2.2M	10x	as long as short
edgeX WDCUSDC	+0.0287%	4h	449.56	−0.010%	$50K	$230K	10x	as long as short
Bybit WDCUSDT	+0.0459%	8h	450.38	+0.173%	$1.9M	$787K	25x	as long as short