Funding you earn now, next payment 06:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h +0.007%
Price spread now: SunX against tradeXYZ+0.038%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1641.642% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.038%, 7d avg +0.028%
=Together, before fees+0.043%+ Points / potential airdroptradeXYZ: Active · farm board+$4 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: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:WDC | 444.83 | 0.0064 | pay 0.0008% / 1h | 45m 48s | $2.4M | $2.1M | 10x |
| Short | SunX WDC-USDT | 445.00 | 0.0100 | get 0.0100% / 8h | 2h 45m | — | $2.4M | 10x |
tradeXYZ xyz:WDC
SunX WDC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $7.49
- Price spread: +0.038% → +0.028%
- $1.05
- Slippage, 4 orders
- −$138.2
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$155.66
- Costs to cover
- 1.642%
- Break-even
- 152.4 days
Slippage from tradeXYZ: live order book, 2 min ago; SunX: live order book, 1 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, 2 min ago | 1.35 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 1 min ago | 47.19 bp | 66.2 bp −$66 | 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 | −0.0838% | 4h | 445.35 | +0.117% | $49K | $230K | 10x | as long as short |
| Bitget WDCUSDT | −0.0143% | 8h | 445.15 | +0.072% | $1.1M | $1.1M | 20x | as long as short |
| BloFin WDC-USDT | −0.0023% | 8h | 444.98 | +0.034% | $142K | $94K | 20x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 444.70 | −0.029% | $10K | $115K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 444.57 | −0.059% | $4K | $166K | 10x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 444.68 | −0.034% | $1.9M | $868K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 445.10 | +0.061% | $1.9M | $2.4M | 50x | as long as short |
| Binance WDCUSDT | +0.0001% | 8h | 444.80 | −0.007% | $7.3M | $25.2M | 20x | as long as short |
| GRVT WDC_USDT_Perp | +0.0003% | 8h | 445.82 | +0.223% | $531 | $155K | 10x | as long as short |
| QFEX WDC-USD | +0.0018% | 1h | 444.92 | +0.020% | $1.1M | $3.2M | 10x | as long as short |
edgeX WDCUSDC
Bitget WDCUSDT
BloFin WDC-USDT
Aster WDCUSDT
Extended WDC-USD
Bybit WDCUSDT
Gate WDC_USDT
Binance WDCUSDT
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 | 444.43 | −0.090% | — | — | 10x | as long as short |
| tradeXYZ xyz:WDClong | +0.0064% | 1h | 444.83 | long leg | $2.4M | $2.1M | 10x | |
| OKX WDC-USDT-SWAP | +0.0070% | 8h | 445.27 | +0.099% | $2.1M | $4.1M | 20x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 444.63 | −0.045% | $272K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 444.98 | +0.034% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDTshort | +0.0100% | 8h | 445.00 | +0.038% | — | $2.4M | 10x | |
| HTX WDC-USDT | +0.0100% | 8h | 445.51 | +0.153% | $33K | $8K | 10x | as long as short |
Lighter WDC
OKX WDC-USDT-SWAP
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
HTX WDC-USDT