WDC

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: SunX against GRVT+0.067%46s7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$165as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1611.614% of the position

Long on GRVT Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 3 days (all we have)−0.098%−$10 · spread now +0.067%, 7d avg −0.004%

Together, before fees−0.138%+ Points / potential airdropGRVT: Active · farm board−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.070% dearer against GRVT than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.004%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

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	SunX WDC-USDT	449.90	0.0100	get 0.0100% / 8h	7h 53m	—	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.067%Rate

Funding earned: $21
Price spread: +0.067% → −0.004%: $7.04
Slippage, 4 orders: −$144.38
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$133.34
Costs to cover: 1.614%
Break-even: 51.4 days

Slippage from GRVT: live order book, 15 min ago; SunX: live order book, 4 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, 15 min ago	1.56 bp	13.1 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 4 min ago	46.68 bp	65.5 bp −$66	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	449.82	+0.048%	$11K	$115K	20x	as long as short
Extended WDC-USD	0.0000%	1h	450.26	+0.147%	$6K	$136K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	450.30	+0.155%	$7.7M	$25.4M	20x	as long as short
Gate WDC_USDT	0.0000%	8h	450.20	+0.133%	$2.0M	$2.6M	50x	as long as short
Bitget WDCUSDT	0.0000%	8h	450.40	+0.178%	$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	450.33	+0.162%	$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	449.94	+0.076%	$300K	$17K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	450.12	+0.116%	$9K	$2K	10x	as long as short
SunX WDC-USDTshort	+0.0100%	8h	449.90	+0.067%	—	$2.6M	10x
HTX WDC-USDT	+0.0100%	8h	449.67	+0.016%	$33K	$9K	10x	as long as short
tradeXYZ xyz:WDC	+0.0120%	1h	449.93	+0.073%	$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	450.35	+0.167%	$1.9M	$787K	25x	as long as short