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: Binance against KuCoin+0.015%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2512.511% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)+0.301%+$30 · spread now +0.015%, 7d avg +0.030%
=The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WDCUSDTM | 443.10 | 0.0100 | pay 0.0100% / 8h | 13m 13s | $271K | $52K | 20x |
| Short | Binance WDCUSDT | 443.16 | 0 | get 0.0000% / 8h | 13m 13s | $7.3M | $25.4M | 20x |
KuCoin WDCUSDTM
Binance WDCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: +0.015% → +0.030%
- −$1.59
- Slippage, 4 orders
- −$229.14
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$273.72
- Costs to cover
- 2.511%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 19 min ago; Binance: live order book, 13 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 KuCoin live order book, 19 min ago | 17.15 bp | 100.3 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.90 bp | 11.3 bp −$11 | 26.5 bp −$265 | 104.8 bp −$10.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget WDCUSDT | −0.0393% | 8h | 443.25 | +0.034% | $1.1M | $1.1M | 20x | as long as short |
| edgeX WDCUSDC | −0.0199% | 4h | 442.76 | −0.078% | $49K | $231K | 10x | as long as short |
| BloFin WDC-USDT | −0.0018% | 8h | 443.25 | +0.034% | $140K | $95K | 20x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 442.98 | −0.026% | $10K | $136K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 443.12 | +0.005% | $5K | $189K | 10x | as long as short |
| Binance WDCUSDTshort | 0.0000% | 8h | 443.16 | +0.015% | $7.3M | $25.4M | 20x | |
| Bybit WDCUSDT | 0.0000% | 8h | 443.32 | +0.050% | $1.9M | $711K | 25x | as long as short |
| OKX WDC-USDT-SWAP | 0.0000% | 8h | 443.23 | +0.029% | $2.0M | $4.3M | 20x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 443.20 | +0.023% | $1.9M | $2.5M | 50x | as long as short |
| Lighter WDC | +0.0032% | 1h | 442.85 | −0.056% | — | — | 10x | as long as short |
Bitget WDCUSDT
edgeX WDCUSDC
BloFin WDC-USDT
Aster WDCUSDT
Extended WDC-USD
Bybit WDCUSDT
OKX WDC-USDT-SWAP
Gate WDC_USDT
Lighter WDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT WDC_USDT_Perp | +0.0032% | 8h | 442.93 | −0.038% | $527 | $146K | 10x | as long as short |
| tradeXYZ xyz:WDC | +0.0050% | 1h | 443.06 | −0.009% | $2.3M | $2.1M | 10x | as long as short |
| QFEX WDC-USD | +0.0059% | 1h | 442.95 | −0.034% | $1.1M | $3.0M | 10x | as long as short |
| KuCoin WDCUSDTMlong | +0.0100% | 8h | 443.10 | long leg | $271K | $52K | 20x | |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 443.00 | −0.023% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 443.00 | −0.023% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 443.43 | +0.074% | $33K | $8K | 20x | as long as short |
GRVT WDC_USDT_Perp
tradeXYZ xyz:WDC
QFEX WDC-USD
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT