WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0287%/8h= +31.5% APRnext payment +$2.87 per $10,000 · paid last 24h −0.024%

Price spread now: Bybit against Orderly+0.016%50s7-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 Bybit

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$9 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_WDC_USDC_mythos	451.38	0.0100	pay 0.0100% / 8h	7h 37m	$9K	$2K	10x
Short	Bybit WDCUSDT	451.45	0.0387	get 0.0387% / 8h	7h 37m	$1.9M	$795K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.016%Rate

Funding earned: $60.36
Price spread: +0.016% → 0.000%: $1.55
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $44.91
Costs to cover: 0.170%
Break-even: 1.8 days

Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago	1.77 bp	54.7 bp −$55	141.3 bp −$1,413	doesn't fit	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
edgeX WDCUSDC	−0.0053%	4h	451.60	+0.049%	$50K	$230K	10x	as long as short
Aster WDCUSDT	0.0000%	8h	450.80	−0.128%	$11K	$115K	20x	as long as short
Extended WDC-USD	0.0000%	1h	451.45	+0.014%	$3K	$136K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	451.55	+0.038%	$7.7M	$25.3M	20x	as long as short
Gate WDC_USDT	0.0000%	8h	451.30	−0.018%	$2.0M	$2.6M	50x	as long as short
Bitget WDCUSDT	0.0000%	8h	451.56	+0.040%	$1.2M	$1.1M	20x	as long as short
BloFin WDC-USDT	+0.0015%	8h	451.79	+0.091%	$144K	$94K	20x	as long as short
QFEX WDC-USD	+0.0031%	1h	451.33	−0.011%	$1.1M	$3.9M	10x	as long as short
Lighter WDC	+0.0032%	1h	450.70	−0.151%	—	—	10x	as long as short
OKX WDC-USDT-SWAP	+0.0046%	8h	451.73	+0.078%	$2.2M	$4.0M	20x	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	450.95	−0.095%	$300K	$16K	20x	as long as short
Orderly PERP_WDC_USDC_mythoslong	+0.0100%	8h	451.38	long leg	$9K	$2K	10x
SunX WDC-USDT	+0.0100%	8h	451.40	+0.004%	—	$2.6M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	451.57	+0.042%	$33K	$8K	10x	as long as short
tradeXYZ xyz:WDC	+0.0136%	1h	451.34	−0.009%	$2.4M	$2.2M	10x	as long as short
Bybit WDCUSDTshort	+0.0387%	8h	451.45	+0.016%	$1.9M	$795K	25x
GRVT WDC_USDT_Perp	+0.0947%	8h	451.66	+0.063%	$1K	$169K	10x	as long as short