WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0067%/8h= −7.4% APRnext payment −$0.67 per $10,000 · paid last 24h −0.027%

Price spread now: BloFin against KuCoin+0.058%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$150as in the Funding arb table

Net, price: spread back to 7d avg − costs−$144as in the Price arb table

costs, in and out, $10k−$1461.458% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.043%−$4 on $10k

Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.058%, 7d avg +0.035%

Together, before fees−0.046%−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.023% dearer against KuCoin than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of +0.035%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.043% in total) that is about 3.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WDCUSDTM	450.16	0.0100	pay 0.0100% / 8h	5h 27m	$277K	$44K	20x
Short	BloFin WDC-USDT	450.42	0.0033	get 0.0033% / 8h	5h 27m	$145K	$94K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.058%Rate

Funding earned: −$14.1
Price spread: +0.058% → +0.035%: $2.26
Slippage, 4 orders: −$121.84
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$157.68
Costs to cover: 1.458%
Break-even: never at this rate

Slippage from KuCoin: live order book, 69 min ago; BloFin: live order book, 9 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, 69 min ago	21.80 bp	75.6 bp −$76	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 9 min ago	1.77 bp	11.9 bp −$12	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
Aster WDCUSDT	0.0000%	8h	449.96	−0.045%	$11K	$115K	20x	as long as short
Bybit WDCUSDT	0.0000%	8h	450.18	+0.004%	$2.0M	$817K	25x	as long as short
Gate WDC_USDT	0.0000%	8h	450.10	−0.013%	$1.9M	$2.5M	50x	as long as short
Bitget WDCUSDT	0.0000%	8h	450.28	+0.027%	$1.2M	$1.1M	20x	as long as short
Extended WDC-USD	+0.0008%	1h	450.04	−0.027%	$5K	$134K	10x	as long as short
Binance WDCUSDT	+0.0010%	8h	450.14	−0.004%	$7.5M	$24.7M	20x	as long as short
Lighter WDC	+0.0032%	1h	449.70	−0.102%	—	—	10x	as long as short
BloFin WDC-USDTshort	+0.0033%	8h	450.42	+0.058%	$145K	$94K	20x
tradeXYZ xyz:WDC	+0.0050%	1h	449.81	−0.078%	$2.4M	$2.1M	10x	as long as short
QFEX WDC-USD	+0.0050%	1h	450.06	−0.022%	$1.1M	$3.5M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WDC-USDT-SWAP	+0.0086%	8h	450.45	+0.064%	$2.2M	$3.9M	20x	as long as short
KuCoin WDCUSDTMlong	+0.0100%	8h	450.16	long leg	$277K	$44K	20x
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	450.01	−0.033%	$9K	$2K	10x	as long as short
SunX WDC-USDT	+0.0100%	8h	450.10	−0.013%	—	$2.4M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	450.19	+0.007%	$33K	$8K	10x	as long as short
GRVT WDC_USDT_Perp	+0.0340%	8h	450.29	+0.029%	$522	$157K	10x	as long as short
edgeX WDCUSDC	+0.0725%	4h	450.33	+0.038%	$50K	$229K	10x	as long as short