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: Gate against KuCoin+0.080%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$441as in the Funding arb table

Net, price: spread back to 7d avg − costs−$414as in the Price arb table

costs, in and out, $10k−$4214.213% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.194%−$19 on $10k

Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.080%, 7d avg +0.012%

Together, before fees−0.207%−$21 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.069% dearer against KuCoin than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of +0.012%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WDCUSDTM	448.04	0.0100	pay 0.0100% / 8h	3h 48m	$275K	$45K	20x
Short	Gate WDC_USDT	448.40	0	get 0.0000% / 8h	3h 48m	$1.9M	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.080%Rate

Funding earned: −$21
Price spread: +0.080% → +0.012%: $6.87
Slippage, 4 orders: −$394.31
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$435.45
Costs to cover: 4.213%
Break-even: never at this rate

Slippage from KuCoin: live order book, 23 min ago; Gate: 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, 23 min ago	14.31 bp	160.7 bp −$161	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	2.23 bp	16.4 bp −$16	85.2 bp −$852	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
edgeX WDCUSDC	−0.0786%	4h	449.54	+0.334%	$50K	$230K	10x	as long as short
Aster WDCUSDT	0.0000%	8h	447.98	−0.014%	$11K	$115K	20x	as long as short
Bybit WDCUSDT	0.0000%	8h	448.46	+0.094%	$1.9M	$838K	25x	as long as short
Gate WDC_USDTshort	0.0000%	8h	448.40	+0.080%	$1.9M	$2.4M	50x
Bitget WDCUSDT	0.0000%	8h	448.55	+0.114%	$1.1M	$1.1M	20x	as long as short
BloFin WDC-USDT	+0.0031%	8h	448.42	+0.085%	$146K	$94K	20x	as long as short
Lighter WDC	+0.0032%	1h	447.92	−0.027%	—	—	10x	as long as short
Extended WDC-USD	+0.0032%	1h	448.20	+0.035%	$4K	$132K	10x	as long as short
Binance WDCUSDT	+0.0036%	8h	448.49	+0.101%	$7.4M	$24.8M	20x	as long as short
QFEX WDC-USD	+0.0037%	1h	448.23	+0.042%	$1.1M	$3.4M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:WDC	+0.0050%	1h	447.82	−0.049%	$2.4M	$2.1M	10x	as long as short
GRVT WDC_USDT_Perp	+0.0088%	8h	449.80	+0.392%	$531	$156K	10x	as long as short
KuCoin WDCUSDTMlong	+0.0100%	8h	448.04	long leg	$275K	$45K	20x
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	448.28	+0.054%	$9K	$2K	10x	as long as short
SunX WDC-USDT	+0.0100%	8h	448.50	+0.103%	—	$2.4M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	448.87	+0.185%	$33K	$8K	10x	as long as short
OKX WDC-USDT-SWAP	+0.0146%	8h	448.55	+0.114%	$2.1M	$3.9M	20x	as long as short