Funding you earn now, next payment 07:00 UTC−0.0105%/8h= −11.5% APRpaid last 24h −0.018%
Price spread now: Bybit against tradeXYZ+0.047%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$800.800% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 7 days+0.009%+$1 · spread now +0.047%, 7d avg +0.068%
=Together, before fees+0.032%+ Points / potential airdroptradeXYZ: Active · farm board+$3 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 Bybit is 0.020% cheaper against tradeXYZ than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.068%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:WDC | 442.53 | 0.0105 | pay 0.0013% / 1h | 53m 00s | $2.3M | $2.1M | 10x |
| Short | Bybit WDCUSDT | 442.74 | 0 | get 0.0000% / 8h | 1h 53m | $1.9M | $862K | 25x |
tradeXYZ xyz:WDC
Bybit WDCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. 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
- −$22.14
- Price spread: +0.047% → +0.068%
- −$2.05
- Slippage, 4 orders
- −$51.04
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$104.23
- Costs to cover
- 0.800%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; Bybit: 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 tradeXYZ live order book, 4 min ago | 1.36 bp | 16.5 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.26 bp | 20.4 bp −$20 | 108.2 bp −$1,082 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget WDCUSDT | −0.0412% | 8h | 443.06 | +0.120% | $1.1M | $1.1M | 20x | as long as short |
| BloFin WDC-USDT | −0.0001% | 8h | 442.84 | +0.070% | $142K | $94K | 20x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 443.15 | +0.141% | $20K | $126K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 442.84 | +0.071% | $6K | $169K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 442.98 | +0.102% | $7.3M | $25.4M | 20x | as long as short |
| Bybit WDCUSDTshort | 0.0000% | 8h | 442.74 | +0.047% | $1.9M | $862K | 25x | |
| Gate WDC_USDT | 0.0000% | 8h | 442.80 | +0.061% | $1.9M | $2.4M | 50x | as long as short |
| GRVT WDC_USDT_Perp | +0.0031% | 8h | 443.04 | +0.115% | $518 | $150K | 10x | as long as short |
| Lighter WDC | +0.0032% | 1h | 442.60 | +0.016% | — | — | 10x | as long as short |
| QFEX WDC-USD | +0.0057% | 1h | 442.76 | +0.052% | $1.1M | $3.1M | 10x | as long as short |
Bitget WDCUSDT
BloFin WDC-USDT
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Gate WDC_USDT
GRVT WDC_USDT_Perp
Lighter WDC
QFEX WDC-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WDC-USDT-SWAP | +0.0066% | 8h | 442.84 | +0.070% | $2.1M | $4.2M | 20x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 442.73 | +0.045% | $272K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 442.72 | +0.043% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 443.00 | +0.106% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 443.05 | +0.118% | $33K | $8K | 10x | as long as short |
| tradeXYZ xyz:WDClong | +0.0105% | 1h | 442.53 | long leg | $2.3M | $2.1M | 10x | |
| edgeX WDCUSDC | +0.0481% | 4h | 443.01 | +0.109% | $49K | $229K | 10x | as long as short |
OKX WDC-USDT-SWAP
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT
edgeX WDCUSDC