Settings8H · net · $10k
Funding arb · Price arb /

WDC

RWAall WDC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against GRVT−0.119%50s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Funding pays, the price is against you. Orderly is 0.119% cheaper against GRVT than usual: you would sell low and buy high (spread −0.119% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 4.0 days of funding at the current rate (+$3 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT WDC_USDT_Perp445.940get 0.0000% / 8h2h 51m$531$155K10x
ShortOrderly PERP_WDC_USDC_mythos445.410.0100get 0.0100% / 8h2h 51m$9K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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

Funding earned
$21
Price spread: −0.119% → 0.000%
−$11.89
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$5.89
Costs to cover
0.150%
Break-even
9.0 days
Slippage unknown: GRVT: live order book, 56 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 56 min ago3.23 bp13.2 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

WDC on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget WDCUSDT−0.0144%8h445.96+0.004%$1.1M$1.1M20xas long as short
BloFin WDC-USDT−0.0014%8h445.64−0.067%$143K$94K20xas long as short
Aster WDCUSDT0.0000%8h445.67−0.060%$10K$115K20xas long as short
Extended WDC-USD0.0000%1h445.81−0.030%$6K$165K10xas long as short
Bybit WDCUSDT0.0000%8h445.73−0.047%$1.9M$865K25xas long as short
Gate WDC_USDT0.0000%8h445.80−0.031%$1.9M$2.4M50xas long as short
GRVT WDC_USDT_Perplong0.0000%8h445.94long leg$531$155K10x
Binance WDCUSDT+0.0001%8h445.93−0.002%$7.3M$25.1M20xas long as short
QFEX WDC-USD+0.0018%1h445.80−0.031%$1.1M$3.2M10xas long as short
Lighter WDC+0.0032%1h445.10−0.188%10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:WDC+0.0052%1h445.60−0.076%$2.4M$2.1M10xas long as short
OKX WDC-USDT-SWAP+0.0071%8h446.06+0.027%$2.1M$4.1M20xas long as short
KuCoin WDCUSDTM+0.0100%8h445.53−0.092%$273K$45K20xas long as short
Orderly PERP_WDC_USDC_mythosshort+0.0100%8h445.41−0.119%$9K$2K10x
SunX WDC-USDT+0.0100%8h446.00+0.013%$2.4M10xas long as short
HTX WDC-USDT+0.0100%8h446.05+0.025%$33K$8K10xas long as short
edgeX WDCUSDC+0.0244%4h445.71−0.052%$49K$230K10xas long as short