Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.007%
Price spread now: tradeXYZ against SunX−0.047%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1761.761% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.047%, 7d avg −0.028%
=Together, before fees−0.034%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: −$2 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 | 442.30 | 0.0100 | pay 0.0100% / 8h | 2h 24m | — | $2.4M | 10x |
| Short | tradeXYZ xyz:WDC | 442.09 | 0.0050 | get 0.0006% / 1h | 24m 05s | $2.3M | $2.1M | 10x |
SunX WDC-USDT
tradeXYZ xyz:WDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$10.5
- Price spread: −0.047% → −0.028%
- −$1.98
- Slippage, 4 orders
- −$150.15
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$188.63
- Costs to cover
- 1.761%
- Break-even
- never at this rate
Slippage from SunX: live order book, 3 min ago; tradeXYZ: live order book, 4 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 | 47.52 bp | 70.5 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 1.13 bp | 16.7 bp −$17 | 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 | −0.0892% | 4h | 441.77 | −0.119% | $49K | $229K | 10x | as long as short |
| Bitget WDCUSDT | −0.0427% | 8h | 442.44 | +0.032% | $1.1M | $1.1M | 20x | as long as short |
| BloFin WDC-USDT | −0.0009% | 8h | 442.34 | +0.009% | $142K | $93K | 20x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 443.03 | +0.165% | $20K | $125K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 442.20 | −0.023% | $3K | $166K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 442.32 | +0.005% | $7.3M | $25.3M | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 442.37 | +0.016% | $1.9M | $882K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 442.10 | −0.045% | $1.9M | $2.5M | 50x | as long as short |
| GRVT WDC_USDT_Perp | 0.0000% | 8h | 442.35 | +0.011% | $513 | $152K | 10x | as long as short |
| QFEX WDC-USD | +0.0018% | 1h | 441.91 | −0.088% | $1.1M | $3.1M | 10x | as long as short |
edgeX WDCUSDC
Bitget WDCUSDT
BloFin WDC-USDT
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
GRVT WDC_USDT_Perp
QFEX WDC-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter WDC | +0.0032% | 1h | 441.66 | −0.145% | — | — | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0044% | 8h | 442.49 | +0.043% | $2.1M | $4.1M | 20x | as long as short |
| tradeXYZ xyz:WDCshort | +0.0050% | 1h | 442.09 | −0.047% | $2.3M | $2.1M | 10x | |
| KuCoin WDCUSDTM | +0.0100% | 8h | 441.96 | −0.077% | $271K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 441.95 | −0.079% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDTlong | +0.0100% | 8h | 442.30 | long leg | — | $2.4M | 10x | |
| HTX WDC-USDT | +0.0100% | 8h | 442.57 | +0.061% | $33K | $8K | 10x | as long as short |
Lighter WDC
OKX WDC-USDT-SWAP
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
HTX WDC-USDT