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

WDC

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.44 per $10,000 · paid last 24h −0.026%
Price spread now: OKX against Orderly+0.089%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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.089% dearer against Orderly than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_WDC_USDC_mythos448.710.0100pay 0.0100% / 8h3h 47m$9K$2K10x
ShortOKX WDC-USDT-SWAP449.110.0144get 0.0144% / 8h3h 47m$2.1M$3.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$9.23
Price spread: +0.089% → 0.000%
$8.91
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee OKX: 5 bp × 2 orders
−$10
Net
$2.14
Costs to cover
0.160%
Break-even
5.4 days
Slippage unknown: Orderly: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago0.11 bp10.0 bp −$10102.1 bp −$1,021doesn'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
Aster WDCUSDT0.0000%8h448.81+0.022%$11K$115K20xas long as short
Bybit WDCUSDT0.0000%8h448.710.000%$1.9M$838K25xas long as short
Gate WDC_USDT0.0000%8h448.60−0.025%$1.9M$2.4M50xas long as short
Bitget WDCUSDT0.0000%8h448.81+0.022%$1.1M$1.1M20xas long as short
BloFin WDC-USDT+0.0025%8h449.11+0.089%$146K$94K20xas long as short
Lighter WDC+0.0032%1h448.37−0.076%10xas long as short
Extended WDC-USD+0.0032%1h448.80+0.019%$4K$132K10xas long as short
Binance WDCUSDT+0.0034%8h448.710.000%$7.4M$24.8M20xas long as short
QFEX WDC-USD+0.0037%1h448.79+0.018%$1.1M$3.4M10xas long as short
edgeX WDCUSDC+0.0043%4h448.31−0.088%$50K$230K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:WDC+0.0050%1h448.38−0.074%$2.4M$2.1M10xas long as short
GRVT WDC_USDT_Perp+0.0073%8h448.15−0.125%$529$156K10xas long as short
KuCoin WDCUSDTM+0.0100%8h448.72+0.002%$275K$45K20xas long as short
Orderly PERP_WDC_USDC_mythoslong+0.0100%8h448.71long leg$9K$2K10x
SunX WDC-USDT+0.0100%8h448.80+0.020%$2.4M10xas long as short
HTX WDC-USDT+0.0100%8h448.87+0.036%$33K$8K10xas long as short
OKX WDC-USDT-SWAPshort+0.0144%8h449.11+0.089%$2.1M$3.9M20x