Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.024%
Price spread now: Bybit against SunX+0.002%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$2122.120% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 3 days (all we have)−0.038%−$4 · spread now +0.002%, 7d avg +0.007%
=The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX WDC-USDT | 450.70 | 0.0100 | pay 0.0100% / 8h | 6h 23m | — | $2.5M | 10x |
| Short | Bybit WDCUSDT | 450.71 | 0 | get 0.0000% / 8h | 6h 23m | $2.0M | $824K | 25x |
SunX WDC-USDT
Bybit WDCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.002% → +0.007%
- −$0.49
- Slippage, 4 orders
- −$193.01
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$233.5
- Costs to cover
- 2.120%
- Break-even
- never at this rate
Slippage from SunX: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago | 47.69 bp | 70.6 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.00 bp | 22.4 bp −$22 | 143.9 bp −$1,439 | doesn't fit | doesn't fit |
WDC on 16 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 | −0.0984% | 4h | 450.75 | +0.011% | $50K | $229K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 450.18 | −0.115% | $11K | $115K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 450.58 | −0.026% | $4K | $138K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 450.68 | −0.004% | $7.5M | $25.0M | 20x | as long as short |
| Bybit WDCUSDTshort | 0.0000% | 8h | 450.71 | +0.002% | $2.0M | $824K | 25x | |
| Gate WDC_USDT | 0.0000% | 8h | 450.70 | 0.000% | $2.0M | $2.6M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 450.80 | +0.022% | $1.2M | $1.1M | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 450.32 | −0.084% | — | — | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0052% | 8h | 451.10 | +0.089% | $2.2M | $4.0M | 20x | as long as short |
| QFEX WDC-USD | +0.0062% | 1h | 450.57 | −0.029% | $1.1M | $3.7M | 10x | as long as short |
edgeX WDCUSDC
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
Lighter WDC
OKX WDC-USDT-SWAP
QFEX WDC-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:WDC | +0.0077% | 1h | 450.57 | −0.029% | $2.4M | $2.2M | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 450.66 | −0.009% | $277K | $44K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 450.60 | −0.022% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDTlong | +0.0100% | 8h | 450.70 | long leg | — | $2.5M | 10x | |
| HTX WDC-USDT | +0.0100% | 8h | 450.97 | +0.060% | $33K | $8K | 10x | as long as short |
| GRVT WDC_USDT_Perp | +0.0424% | 8h | 450.71 | +0.002% | $771 | $161K | 10x | as long as short |
tradeXYZ xyz:WDC
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
HTX WDC-USDT
GRVT WDC_USDT_Perp