WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.004%

Price spread now: BloFin against OKX+0.007%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$570.567% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.110%−$11 on $10k

Price spread, last 4 days (all we have)+0.284%+$28 · spread now +0.007%, 7d avg −0.014%

Together, before fees+0.174%+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.021% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.014%. Mind the row above: over the last 7 days funding on this pair cost −0.110%, 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	441.60	0	get 0.0000% / 8h	7h 43m	$2.0M	$4.3M	20x
Short	BloFin WDC-USDT	441.63	0.0015	get 0.0015% / 8h	7h 43m	$139K	$95K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.007%Rate

Funding earned: $3.15
Price spread: +0.007% → −0.014%: $2.07
Slippage, 4 orders: −$34.66
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$51.44
Costs to cover: 0.567%
Break-even: 121.2 days

Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 21 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, 4 min ago	1.81 bp	15.1 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 21 min ago	0.90 bp	12.6 bp −$13	24.8 bp −$248	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	−0.0964%	4h	441.70	+0.022%	$49K	$231K	10x	as long as short
Bitget WDCUSDT	−0.0332%	8h	441.56	−0.009%	$1.1M	$1.1M	20x	as long as short
Aster WDCUSDT	0.0000%	8h	441.44	−0.036%	$10K	$136K	20x	as long as short
Extended WDC-USD	0.0000%	1h	441.27	−0.074%	$2K	$188K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	441.37	−0.052%	$7.3M	$25.8M	20x	as long as short
Bybit WDCUSDT	0.0000%	8h	441.61	+0.002%	$1.9M	$711K	25x	as long as short
OKX WDC-USDT-SWAPlong	0.0000%	8h	441.60	long leg	$2.0M	$4.3M	20x
Gate WDC_USDT	0.0000%	8h	441.50	−0.023%	$1.9M	$2.3M	50x	as long as short
GRVT WDC_USDT_Perp	0.0000%	8h	442.01	+0.093%	$513	$145K	10x	as long as short
BloFin WDC-USDTshort	+0.0015%	8h	441.63	+0.007%	$139K	$95K	20x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX WDC-USD	+0.0028%	1h	441.31	−0.066%	$1.1M	$3.0M	10x	as long as short
Lighter WDC	+0.0032%	1h	441.03	−0.129%	—	—	10x	as long as short
tradeXYZ xyz:WDC	+0.0050%	1h	441.43	−0.038%	$2.3M	$2.1M	10x	as long as short
KuCoin WDCUSDTM	+0.0100%	8h	441.40	−0.045%	$272K	$81K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	441.26	−0.077%	$9K	$2K	10x	as long as short
SunX WDC-USDT	+0.0100%	8h	441.40	−0.045%	—	$2.4M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	441.82	+0.050%	$33K	$9K	20x	as long as short