Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Aster against SunX−0.103%46s7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$380as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3593.585% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.103%, 7d avg +0.003%
=Together, before fees−0.200%+ Points / potential airdropAster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.106% cheaper against SunX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.003%). Swap the legs. The two prices were read 46 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 | SunX WDC-USDT | 450.80 | 0.0100 | pay 0.0100% / 8h | 5h 39m | — | $2.5M | 10x |
| Short | Aster WDCUSDT | 450.34 | 0 | get 0.0000% / 8h | 5h 39m | $11K | $115K | 20x |
SunX WDC-USDT
Aster WDCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.103% → +0.003%
- −$10.57
- Slippage, 4 orders
- −$342.51
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$390.08
- Costs to cover
- 3.585%
- Break-even
- never at this rate
Slippage from SunX: live order book, 8 min ago; Aster: live order book, 21 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 SunX live order book, 8 min ago | 81.03 bp | 99.4 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 21 min ago | 3.11 bp | 84.2 bp −$84 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX WDCUSDC | −0.0478% | 4h | 450.67 | −0.029% | $50K | $230K | 10x | as long as short |
| BloFin WDC-USDT | −0.0011% | 8h | 450.86 | +0.013% | $145K | $94K | 20x | as long as short |
| Aster WDCUSDTshort | 0.0000% | 8h | 450.34 | −0.103% | $11K | $115K | 20x | |
| Extended WDC-USD | 0.0000% | 1h | 450.78 | −0.005% | $5K | $136K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 450.90 | +0.022% | $7.5M | $24.7M | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 450.95 | +0.033% | $2.0M | $822K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 450.70 | −0.022% | $1.9M | $2.5M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 450.80 | 0.000% | $1.2M | $1.1M | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 450.27 | −0.118% | — | — | 10x | as long as short |
| tradeXYZ xyz:WDC | +0.0050% | 1h | 450.31 | −0.109% | $2.4M | $2.1M | 10x | as long as short |
edgeX WDCUSDC
BloFin WDC-USDT
Extended WDC-USD
Binance WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
Lighter WDC
tradeXYZ xyz:WDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX WDC-USD | +0.0050% | 1h | 450.71 | −0.020% | $1.1M | $3.5M | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0076% | 8h | 450.93 | +0.029% | $2.2M | $3.9M | 20x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 450.68 | −0.027% | $277K | $44K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 450.51 | −0.064% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDTlong | +0.0100% | 8h | 450.80 | long leg | — | $2.5M | 10x | |
| HTX WDC-USDT | +0.0100% | 8h | 450.83 | +0.007% | $33K | $8K | 10x | as long as short |
| GRVT WDC_USDT_Perp | +0.0361% | 8h | 450.73 | −0.016% | $527 | $157K | 10x | as long as short |
QFEX WDC-USD
OKX WDC-USDT-SWAP
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
HTX WDC-USDT
GRVT WDC_USDT_Perp