WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0124%/8h= −13.6% APRnext payment −$1.24 per $10,000 · paid last 24h +0.008%

Price spread now: BloFin against SunX−0.036%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$159as in the Funding arb table

Net, price: spread back to 7d avg − costs−$160as in the Price arb table

costs, in and out, $10k−$1561.558% of the position

Long on SunX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 3 days (all we have)+0.034%+$3 · spread now −0.036%, 7d avg +0.010%

Together, before fees+0.005%+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.045% cheaper against SunX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.010%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX WDC-USDT	449.90	0.0100	pay 0.0100% / 8h	7h 54m	—	$2.6M	10x
Short	BloFin WDC-USDT	449.74	−0.0024	pay 0.0024% / 8h	7h 54m	$145K	$94K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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 SunXbpFee BloFinbpOrdersPrice spread, now −0.036%Rate

Funding earned: −$26.09
Price spread: −0.036% → +0.010%: −$4.54
Slippage, 4 orders: −$135.83
Fee SunX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$186.46
Costs to cover: 1.558%
Break-even: never at this rate

Slippage from SunX: live order book, 2 min ago; BloFin: live order book, 66 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, 2 min ago	46.68 bp	69.6 bp −$70	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 66 min ago	0.22 bp	11.7 bp −$12	19.6 bp −$196	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
BloFin WDC-USDTshort	−0.0024%	8h	449.74	−0.036%	$145K	$94K	20x
Aster WDCUSDT	0.0000%	8h	449.17	−0.163%	$11K	$115K	20x	as long as short
Extended WDC-USD	0.0000%	1h	449.52	−0.083%	$6K	$136K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	449.59	−0.070%	$7.7M	$25.5M	20x	as long as short
Gate WDC_USDT	0.0000%	8h	449.40	−0.111%	$2.0M	$2.6M	50x	as long as short
Bitget WDCUSDT	0.0000%	8h	449.60	−0.067%	$1.2M	$1.2M	20x	as long as short
GRVT WDC_USDT_Perp	0.0000%	8h	449.60	−0.067%	$1K	$171K	10x	as long as short
OKX WDC-USDT-SWAP	+0.0014%	8h	449.86	−0.009%	$2.2M	$4.1M	20x	as long as short
QFEX WDC-USD	+0.0031%	1h	449.77	−0.029%	$1.1M	$4.0M	10x	as long as short
Lighter WDC	+0.0032%	1h	448.93	−0.216%	—	—	10x	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	449.19	−0.158%	$299K	$17K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	449.44	−0.102%	$9K	$2K	10x	as long as short
SunX WDC-USDTlong	+0.0100%	8h	449.90	long leg	—	$2.6M	10x
HTX WDC-USDT	+0.0100%	8h	449.67	−0.051%	$33K	$9K	10x	as long as short
tradeXYZ xyz:WDC	+0.0174%	1h	449.23	−0.149%	$2.4M	$2.2M	10x	as long as short
edgeX WDCUSDC	+0.0287%	4h	449.56	−0.077%	$50K	$230K	10x	as long as short
Bybit WDCUSDT	+0.0318%	8h	449.55	−0.078%	$1.9M	$787K	25x	as long as short