Funding you earn now, next payment 05:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.05 per $10,000 · paid last 24h −0.022%
Price spread now: Extended against tradeXYZ+0.052%7-day average +0.004% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.052%, 7d avg +0.004%
=Together, before fees−0.073%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.049% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of +0.004%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.9 days. At the pace of the last 7 days (−0.039% in total) that is about 8.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:WDC | 445.63 | 0.0050 | pay 0.0006% / 1h | 13m 29s | $2.4M | $2.1M | 10x |
| Short | Extended WDC-USD | 445.86 | 0.0008 | get 0.0001% / 1h | 13m 29s | $6K | $198K | 10x |
tradeXYZ xyz:WDC
Extended WDC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$8.82
- Price spread: +0.052% → +0.004%
- $4.87
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$26.95
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 4 min ago; Extended: live order book, 37 min ago. Net counts fees only.
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 | 1.12 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 37 min ago | 2.34 bp | 15.2 bp −$15 | 150.0 bp −$1,500 | 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 | −0.0872% | 4h | 445.94 | +0.069% | $49K | $231K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 445.84 | +0.047% | $10K | $115K | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 446.01 | +0.085% | $1.9M | $855K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 445.90 | +0.061% | $1.9M | $2.4M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 446.22 | +0.132% | $1.1M | $1.1M | 20x | as long as short |
| BloFin WDC-USDT | +0.0002% | 8h | 446.18 | +0.123% | $143K | $94K | 20x | as long as short |
| Extended WDC-USDshort | +0.0008% | 1h | 445.86 | +0.052% | $6K | $198K | 10x | |
| GRVT WDC_USDT_Perp | +0.0008% | 8h | 445.90 | +0.060% | $522 | $156K | 10x | as long as short |
| Binance WDCUSDT | +0.0012% | 8h | 445.76 | +0.029% | $7.3M | $25.0M | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 445.61 | −0.004% | — | — | 10x | as long as short |
edgeX WDCUSDC
Aster WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
BloFin WDC-USDT
GRVT WDC_USDT_Perp
Binance WDCUSDT
Lighter WDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX WDC-USD | +0.0037% | 1h | 445.77 | +0.031% | $1.1M | $3.2M | 10x | as long as short |
| tradeXYZ xyz:WDClong | +0.0050% | 1h | 445.63 | long leg | $2.4M | $2.1M | 10x | |
| OKX WDC-USDT-SWAP | +0.0092% | 8h | 446.18 | +0.123% | $2.1M | $4.0M | 20x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 445.71 | +0.018% | $273K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 445.82 | +0.043% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 445.90 | +0.061% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 446.01 | +0.085% | $33K | $8K | 10x | as long as short |
QFEX WDC-USD
OKX WDC-USDT-SWAP
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT