WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.067%

Price spread now: Bitget against KuCoin+0.119%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$301as in the Funding arb table

Net, price: spread back to 7d avg − costs−$276as in the Price arb table

costs, in and out, $10k−$2842.844% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.171%−$17 on $10k

Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.119%, 7d avg +0.033%

Together, before fees−0.250%−$25 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.086% dearer against KuCoin than usual: you sell high and buy low (spread +0.119% now, against its 7-day average of +0.033%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WDCUSDTM	444.21	0.0100	pay 0.0100% / 8h	5h 55m	$274K	$203K	20x
Short	Bitget WDCUSDT	444.74	0	get 0.0000% / 8h	5h 55m	$1.1M	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.119%Rate

Funding earned: −$21
Price spread: +0.119% → +0.033%: $8.59
Slippage, 4 orders: −$260.35
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$296.76
Costs to cover: 2.844%
Break-even: never at this rate

Slippage from KuCoin: live order book, 48 min ago; Bitget: 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 KuCoin live order book, 48 min ago	15.50 bp	98.8 bp −$99	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	3.93 bp	43.5 bp −$43	89.6 bp −$896	doesn't fit	doesn't fit

WDC on 17 exchanges

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
Aster WDCUSDT	0.0000%	8h	444.24	+0.006%	$10K	$136K	20x	as long as short
Extended WDC-USD	0.0000%	1h	444.55	+0.076%	$4K	$193K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	444.70	+0.111%	$7.3M	$26.3M	20x	as long as short
Bybit WDCUSDT	0.0000%	8h	444.75	+0.122%	$1.9M	$712K	25x	as long as short
OKX WDC-USDT-SWAP	0.0000%	8h	444.86	+0.146%	$2.0M	$4.5M	20x	as long as short
Gate WDC_USDT	0.0000%	8h	444.50	+0.065%	$1.9M	$2.1M	50x	as long as short
Bitget WDCUSDTshort	0.0000%	8h	444.74	+0.119%	$1.1M	$1.1M	20x
BloFin WDC-USDT	+0.0019%	8h	444.81	+0.135%	$137K	$100K	20x	as long as short
Lighter WDC	+0.0032%	1h	444.42	+0.047%	—	—	10x	as long as short
tradeXYZ xyz:WDC	+0.0050%	1h	444.96	+0.169%	$2.3M	$2.1M	10x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX WDC-USD	+0.0067%	1h	444.45	+0.054%	$1.1M	$3.1M	10x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	444.40	+0.043%	$9K	$2K	10x	as long as short
KuCoin WDCUSDTMlong	+0.0100%	8h	444.21	long leg	$274K	$203K	20x
SunX WDC-USDT	+0.0100%	8h	444.70	+0.110%	—	$1.7M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	444.53	+0.072%	$33K	$7K	20x	as long as short
GRVT WDC_USDT_Perp	+0.0285%	8h	444.68	+0.106%	$529	$136K	10x	as long as short
edgeX WDCUSDC	+0.0513%	4h	444.35	+0.032%	$49K	$228K	10x	as long as short