WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.66 per $10,000 · paid last 24h −0.004%

Price spread now: Bitget against OKX−0.024%7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$137as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$1161.161% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.211%−$21 on $10k

Price spread, last 7 days+0.027%+$3 · spread now −0.024%, 7d avg −0.008%

Together, before fees−0.185%−$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.211%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX WDC-USDT-SWAP	452.60	0.0052	pay 0.0052% / 8h	7h 07m	$2.2M	$4.0M	20x
Short	Bitget WDCUSDT	452.49	0.0118	get 0.0118% / 8h	7h 07m	$1.2M	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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 OKXbpFee BitgetbpOrdersPrice spread, now −0.024%Rate

Funding earned: $13.9
Price spread: −0.024% → −0.008%: −$1.62
Slippage, 4 orders: −$94.05
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$103.77
Costs to cover: 1.161%
Break-even: 59.3 days

Slippage from OKX: live order book, 5 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 OKX live order book, 5 min ago	2.54 bp	14.9 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	3.32 bp	52.2 bp −$52	155.9 bp −$1,559	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	−0.0001%	8h	452.75	+0.033%	$102K	$94K	20x	as long as short
Aster WDCUSDT	0.0000%	8h	451.74	−0.191%	$11K	$115K	20x	as long as short
Extended WDC-USD	0.0000%	1h	452.47	−0.029%	$4K	$133K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	452.62	+0.004%	$7.6M	$24.8M	20x	as long as short
Bybit WDCUSDT	0.0000%	8h	452.54	−0.013%	$2.0M	$815K	25x	as long as short
Gate WDC_USDT	0.0000%	8h	452.40	−0.044%	$2.0M	$2.6M	50x	as long as short
QFEX WDC-USD	+0.0031%	1h	452.29	−0.068%	$1.1M	$3.8M	10x	as long as short
Lighter WDC	+0.0032%	1h	451.79	−0.179%	—	—	10x	as long as short
edgeX WDCUSDC	+0.0037%	4h	452.18	−0.092%	$50K	$230K	10x	as long as short
OKX WDC-USDT-SWAPlong	+0.0052%	8h	452.60	long leg	$2.2M	$4.0M	20x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:WDC	+0.0084%	1h	452.30	−0.066%	$2.4M	$2.2M	10x	as long as short
KuCoin WDCUSDTM	+0.0100%	8h	452.00	−0.133%	$301K	$16K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	452.21	−0.086%	$9K	$2K	10x	as long as short
SunX WDC-USDT	+0.0100%	8h	452.60	0.000%	—	$2.6M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	452.81	+0.046%	$33K	$8K	10x	as long as short
Bitget WDCUSDTshort	+0.0118%	8h	452.49	−0.024%	$1.2M	$1.1M	20x
GRVT WDC_USDT_Perp	+0.0844%	8h	452.36	−0.054%	$923	$162K	10x	as long as short