Funding you earn now, next payment 08:00 UTC−0.0101%/8h= −11.1% APRpaid last 24h +0.004%
Price spread now: edgeX against OKX−0.177%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$420.423% of the position
Funding, last 7 days−0.198%−$20 on $10k
+Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.177%, 7d avg −0.033%
=Together, before fees−0.065%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and edgeX is 0.144% cheaper against OKX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX WDC-USDT-SWAP | 449.11 | 0.0144 | pay 0.0144% / 8h | 3h 47m | $2.1M | $3.9M | 20x |
| Short | edgeX WDCUSDC | 448.31 | 0.0043 | get 0.0021% / 4h | 3h 47m | $50K | $230K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21.23
- Price spread: −0.177% → −0.033%
- −$14.39
- Slippage, 4 orders
- −$23.29
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$77.91
- Costs to cover
- 0.423%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; edgeX: live order book, 5 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 | 0.11 bp | 10.7 bp −$11 | 126.6 bp −$1,266 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 5 min ago | 2.00 bp | 11.0 bp −$11 | 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 | 448.84 | −0.060% | $11K | $115K | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 448.81 | −0.067% | $1.9M | $838K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 448.70 | −0.091% | $1.9M | $2.4M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 448.81 | −0.067% | $1.1M | $1.1M | 20x | as long as short |
| BloFin WDC-USDT | +0.0025% | 8h | 449.11 | 0.000% | $146K | $94K | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 448.37 | −0.165% | — | — | 10x | as long as short |
| Extended WDC-USD | +0.0032% | 1h | 448.80 | −0.070% | $4K | $132K | 10x | as long as short |
| Binance WDCUSDT | +0.0034% | 8h | 448.92 | −0.042% | $7.4M | $24.8M | 20x | as long as short |
| QFEX WDC-USD | +0.0037% | 1h | 448.79 | −0.071% | $1.1M | $3.4M | 10x | as long as short |
| edgeX WDCUSDCshort | +0.0043% | 4h | 448.31 | −0.177% | $50K | $230K | 10x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:WDC | +0.0050% | 1h | 448.57 | −0.120% | $2.4M | $2.1M | 10x | as long as short |
| GRVT WDC_USDT_Perp | +0.0073% | 8h | 448.15 | −0.214% | $529 | $156K | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 448.82 | −0.065% | $275K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 448.71 | −0.089% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 448.80 | −0.069% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 448.87 | −0.053% | $33K | $8K | 10x | as long as short |
| OKX WDC-USDT-SWAPlong | +0.0144% | 8h | 449.11 | long leg | $2.1M | $3.9M | 20x |
OKX WDC-USDT-SWAP
edgeX WDCUSDC
Aster WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
BloFin WDC-USDT
Lighter WDC
Extended WDC-USD
Binance WDCUSDT
tradeXYZ xyz:WDC
GRVT WDC_USDT_Perp
KuCoin WDCUSDTM
SunX WDC-USDT
HTX WDC-USDT