WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0077%/8h= −8.4% APRnext payment −$0.77 per $10,000 · paid last 24h −0.030%

Price spread now: Binance against Orderly+0.049%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Binance

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

The price spread pays, funding is against you. Binance is 0.049% dearer against Orderly than usual: you sell high and buy low (spread +0.049% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_WDC_USDC_mythos	447.59	0.0100	pay 0.0100% / 8h	3h 29m	$9K	$2K	10x
Short	Binance WDCUSDT	447.81	0.0023	get 0.0023% / 8h	3h 29m	$7.4M	$24.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Orderly. 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 OrderlybpFee BinancebpOrdersPrice spread, now +0.049%Rate

Funding earned: −$16.13
Price spread: +0.049% → 0.000%: $4.93
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$27.2
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Binance: live order book, 12 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Binance live order book, 12 min ago	1.56 bp	9.2 bp −$9	30.0 bp −$300	134.8 bp −$13.5K	doesn't fit

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
Aster WDCUSDT	0.0000%	8h	447.66	+0.016%	$11K	$115K	20x	as long as short
Bybit WDCUSDT	0.0000%	8h	447.89	+0.067%	$1.9M	$849K	25x	as long as short
Gate WDC_USDT	0.0000%	8h	447.70	+0.025%	$1.9M	$2.4M	50x	as long as short
Bitget WDCUSDT	0.0000%	8h	447.91	+0.071%	$1.1M	$1.1M	20x	as long as short
BloFin WDC-USDT	+0.0019%	8h	447.78	+0.042%	$144K	$94K	20x	as long as short
Binance WDCUSDTshort	+0.0023%	8h	447.81	+0.049%	$7.4M	$24.9M	20x
Extended WDC-USD	+0.0024%	1h	447.68	+0.020%	$3K	$140K	10x	as long as short
Lighter WDC	+0.0032%	1h	447.24	−0.078%	—	—	10x	as long as short
GRVT WDC_USDT_Perp	+0.0033%	8h	447.85	+0.058%	$542	$156K	10x	as long as short
QFEX WDC-USD	+0.0037%	1h	447.75	+0.036%	$1.1M	$3.3M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:WDC	+0.0050%	1h	447.49	−0.022%	$2.4M	$2.1M	10x	as long as short
KuCoin WDCUSDTM	+0.0100%	8h	447.65	+0.013%	$274K	$45K	20x	as long as short
Orderly PERP_WDC_USDC_mythoslong	+0.0100%	8h	447.59	long leg	$9K	$2K	10x
SunX WDC-USDT	+0.0100%	8h	447.60	+0.002%	—	$2.4M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	447.94	+0.078%	$33K	$8K	10x	as long as short
OKX WDC-USDT-SWAP	+0.0120%	8h	447.86	+0.060%	$2.1M	$4.0M	20x	as long as short
edgeX WDCUSDC	+0.0758%	4h	447.79	+0.045%	$49K	$231K	10x	as long as short