Funding arb · Price arb /

WDC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0287%/8h= +31.4% APRpaid last 24h −0.174%

Price spread now: edgeX against GRVT−0.010%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$460.457% of the position

Long on GRVT Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.357%−$36 on $10k

Price spread, last 3 days (all we have)0.000%$0 · spread now −0.010%, 7d avg −0.015%

Together, before fees−0.357%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board−$36 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.357%, so the current rate has only just turned in your favour.

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 54m	$1K	$171K	10x
Short	edgeX WDCUSDC	449.56	0.0287	get 0.0144% / 4h	3h 54m	$50K	$230K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.010%Rate

Funding earned: $60.31
Price spread: −0.010% → −0.015%: $0.48
Slippage, 4 orders: −$27.66
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $15.12
Costs to cover: 0.457%
Break-even: 5.2 days

Slippage from GRVT: live order book, 13 min ago; edgeX: live order book, 17 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, 13 min ago	1.56 bp	13.1 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 17 min ago	1.67 bp	10.2 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-USDT	−0.0024%	8h	449.74	+0.031%	$145K	$94K	20x	as long as short
Aster WDCUSDT	0.0000%	8h	449.09	−0.114%	$11K	$115K	20x	as long as short
Extended WDC-USD	0.0000%	1h	449.52	−0.017%	$6K	$136K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	449.61	+0.002%	$7.7M	$25.5M	20x	as long as short
Gate WDC_USDT	0.0000%	8h	449.50	−0.022%	$2.0M	$2.6M	50x	as long as short
Bitget WDCUSDT	0.0000%	8h	449.60	0.000%	$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	+0.0014%	8h	449.86	+0.058%	$2.2M	$4.1M	20x	as long as short
QFEX WDC-USD	+0.0031%	1h	449.77	+0.038%	$1.1M	$4.0M	10x	as long as short
Lighter WDC	+0.0032%	1h	448.93	−0.149%	—	—	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	449.31	−0.065%	$299K	$17K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	449.44	−0.036%	$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	+0.0162%	1h	449.22	−0.085%	$2.4M	$2.5M	10x	as long as short
edgeX WDCUSDCshort	+0.0287%	4h	449.56	−0.010%	$50K	$230K	10x
Bybit WDCUSDT	+0.0318%	8h	449.61	+0.002%	$1.9M	$787K	25x	as long as short