WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.56 per $10,000 · paid last 24h +0.026%

Price spread now: Orderly against OKX−0.075%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Orderly is 0.075% cheaper against OKX than usual: you would sell low and buy high (spread −0.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4.5 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX WDC-USDT-SWAP	441.80	0.0044	pay 0.0044% / 8h	2h 27m	$2.1M	$4.1M	20x
Short	Orderly PERP_WDC_USDC_mythos	441.47	0.0100	get 0.0100% / 8h	2h 27m	$9K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.075%Rate

Funding earned: $11.68
Price spread: −0.075% → 0.000%: −$7.47
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$11.79
Costs to cover: 0.160%
Break-even: 14.1 days

Slippage unknown: OKX: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.

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	0.34 bp	17.5 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bitget WDCUSDT	−0.0383%	8h	442.36	+0.127%	$1.1M	$1.1M	20x	as long as short
edgeX WDCUSDC	−0.0248%	4h	442.35	+0.124%	$49K	$229K	10x	as long as short
BloFin WDC-USDT	−0.0018%	8h	442.71	+0.206%	$142K	$93K	20x	as long as short
Aster WDCUSDT	0.0000%	8h	442.14	+0.078%	$20K	$125K	20x	as long as short
Extended WDC-USD	0.0000%	1h	441.60	−0.046%	$4K	$166K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	441.75	−0.012%	$7.3M	$25.2M	20x	as long as short
Bybit WDCUSDT	0.0000%	8h	441.54	−0.059%	$1.9M	$874K	25x	as long as short
Gate WDC_USDT	0.0000%	8h	441.70	−0.023%	$1.9M	$2.5M	50x	as long as short
GRVT WDC_USDT_Perp	0.0000%	8h	442.35	+0.124%	$513	$152K	10x	as long as short
QFEX WDC-USD	+0.0018%	1h	441.48	−0.072%	$1.1M	$3.1M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter WDC	+0.0032%	1h	441.57	−0.052%	—	—	10x	as long as short
OKX WDC-USDT-SWAPlong	+0.0044%	8h	441.80	long leg	$2.1M	$4.1M	20x
tradeXYZ xyz:WDC	+0.0050%	1h	441.57	−0.052%	$2.3M	$2.1M	10x	as long as short
KuCoin WDCUSDTM	+0.0100%	8h	441.59	−0.048%	$271K	$45K	20x	as long as short
Orderly PERP_WDC_USDC_mythosshort	+0.0100%	8h	441.47	−0.075%	$9K	$2K	10x
SunX WDC-USDT	+0.0100%	8h	441.70	−0.023%	—	$2.4M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	442.81	+0.229%	$33K	$8K	10x	as long as short