Settings8H · net · $10k
Funding arb · Price arb /

WDC

RWAall WDC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0069%/8h= −7.5% APRnext payment $0.69 per $10,000 · paid last 24h −0.027%
Price spread now: BloFin against Orderly+0.031%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. BloFin is 0.031% dearer against Orderly than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 36 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_WDC_USDC_mythos448.280.0100pay 0.0100% / 8h3h 48m$9K$2K10x
ShortBloFin WDC-USDT448.420.0031get 0.0031% / 8h3h 48m$146K$94K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
−$14.45
Price spread: +0.031% → 0.000%
$3.12
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$29.33
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 40 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell BloFin live order book, 40 min ago0.89 bp9.8 bp −$1018.5 bp −$185doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX WDCUSDC−0.0786%4h449.54+0.281%$50K$230K10xas long as short
Aster WDCUSDT0.0000%8h448.00−0.061%$11K$115K20xas long as short
Bybit WDCUSDT0.0000%8h447.97−0.069%$1.9M$837K25xas long as short
Gate WDC_USDT0.0000%8h447.90−0.085%$1.9M$2.4M50xas long as short
Bitget WDCUSDT0.0000%8h448.10−0.040%$1.1M$1.1M20xas long as short
BloFin WDC-USDTshort+0.0031%8h448.42+0.031%$146K$94K20x
Lighter WDC+0.0032%1h448.25−0.007%10xas long as short
Extended WDC-USD+0.0032%1h447.84−0.098%$4K$134K10xas long as short
Binance WDCUSDT+0.0036%8h448.00−0.063%$7.4M$24.8M20xas long as short
QFEX WDC-USD+0.0037%1h448.41+0.029%$1.1M$3.4M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:WDC+0.0050%1h447.87−0.091%$2.4M$2.1M10xas long as short
GRVT WDC_USDT_Perp+0.0088%8h449.80+0.338%$531$156K10xas long as short
KuCoin WDCUSDTM+0.0100%8h448.07−0.047%$275K$45K20xas long as short
Orderly PERP_WDC_USDC_mythoslong+0.0100%8h448.28long leg$9K$2K10x
SunX WDC-USDT+0.0100%8h448.50+0.049%$2.4M10xas long as short
HTX WDC-USDT+0.0100%8h448.87+0.132%$33K$8K10xas long as short
OKX WDC-USDT-SWAP+0.0147%8h448.08−0.045%$2.1M$3.9M20xas long as short