WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.026%

Price spread now: SunX against OKX−0.033%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$163as in the Funding arb table

Net, price: spread back to 7d avg − costs−$158as in the Price arb table

costs, in and out, $10k−$1571.570% of the position

Long on OKX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.061%−$6 on $10k

Price spread, last 3 days (all we have)+0.075%+$8 · spread now −0.033%, 7d avg −0.021%

Together, before fees+0.014%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.021%, 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 −0.061%, 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	452.75	0.0050	pay 0.0050% / 8h	7h 04m	$2.2M	$4.0M	20x
Short	SunX WDC-USDT	452.60	0.0100	get 0.0100% / 8h	7h 04m	—	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.033%Rate

Funding earned: $10.5
Price spread: −0.033% → −0.021%: −$1.18
Slippage, 4 orders: −$139.02
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$147.7
Costs to cover: 1.570%
Break-even: 105.5 days

Slippage from OKX: live order book, 3 min ago; SunX: live order book, 3 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, 3 min ago	2.10 bp	14.0 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	45.32 bp	64.0 bp −$64	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	451.74	−0.223%	$11K	$115K	20x	as long as short
Extended WDC-USD	0.0000%	1h	452.59	−0.035%	$4K	$133K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	452.54	−0.046%	$7.6M	$24.8M	20x	as long as short
Bybit WDCUSDT	0.0000%	8h	452.56	−0.042%	$2.0M	$815K	25x	as long as short
Gate WDC_USDT	0.0000%	8h	452.50	−0.055%	$2.0M	$2.6M	50x	as long as short
BloFin WDC-USDT	+0.0022%	8h	452.56	−0.042%	$102K	$94K	20x	as long as short
QFEX WDC-USD	+0.0031%	1h	452.74	−0.002%	$1.1M	$3.8M	10x	as long as short
Lighter WDC	+0.0032%	1h	452.04	−0.157%	—	—	10x	as long as short
OKX WDC-USDT-SWAPlong	+0.0050%	8h	452.75	long leg	$2.2M	$4.0M	20x
tradeXYZ xyz:WDC	+0.0084%	1h	452.19	−0.124%	$2.4M	$2.2M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin WDCUSDTM	+0.0100%	8h	451.97	−0.172%	$301K	$16K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	452.26	−0.108%	$9K	$2K	10x	as long as short
SunX WDC-USDTshort	+0.0100%	8h	452.60	−0.033%	—	$2.6M	10x
HTX WDC-USDT	+0.0100%	8h	452.81	+0.013%	$33K	$8K	10x	as long as short
Bitget WDCUSDT	+0.0127%	8h	452.76	+0.002%	$1.2M	$1.1M	20x	as long as short
edgeX WDCUSDC	+0.0189%	4h	452.56	−0.041%	$50K	$230K	10x	as long as short
GRVT WDC_USDT_Perp	+0.0844%	8h	452.36	−0.087%	$923	$162K	10x	as long as short