Funding you earn now, next payment 03:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.022%
Price spread now: tradeXYZ against Binance−0.084%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$480.477% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now −0.084%, 7d avg −0.070%
=Together, before fees+0.056%+ Points / potential airdroptradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.070%, 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 | Binance WDCUSDT | 450.41 | 0.0010 | pay 0.0010% / 8h | 5h 23m | $7.5M | $24.7M | 20x |
| Short | tradeXYZ xyz:WDC | 450.03 | 0.0050 | get 0.0006% / 1h | 23m 29s | $2.4M | $2.1M | 10x |
Binance WDCUSDT
tradeXYZ xyz:WDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Binance. 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
- $8.48
- Price spread: −0.084% → −0.070%
- −$1.34
- Slippage, 4 orders
- −$19.68
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$40.54
- Costs to cover
- 0.477%
- Break-even
- 40.5 days
Slippage from Binance: live order book, 3 min ago; tradeXYZ: 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 Binance live order book, 3 min ago | 1.67 bp | 12.5 bp −$13 | 29.4 bp −$294 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.89 bp | 10.3 bp −$10 | 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 | −0.0095% | 4h | 450.09 | −0.070% | $50K | $229K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 450.01 | −0.089% | $11K | $115K | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 450.17 | −0.052% | $2.0M | $817K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 450.20 | −0.046% | $1.9M | $2.5M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 450.39 | −0.004% | $1.2M | $1.1M | 20x | as long as short |
| Extended WDC-USD | +0.0008% | 1h | 450.30 | −0.025% | $5K | $134K | 10x | as long as short |
| Binance WDCUSDTlong | +0.0010% | 8h | 450.41 | long leg | $7.5M | $24.7M | 20x | |
| BloFin WDC-USDT | +0.0011% | 8h | 450.28 | −0.028% | $102K | $94K | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 449.81 | −0.132% | — | — | 10x | as long as short |
| tradeXYZ xyz:WDCshort | +0.0050% | 1h | 450.03 | −0.084% | $2.4M | $2.1M | 10x |
edgeX WDCUSDC
Aster WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
Extended WDC-USD
BloFin WDC-USDT
Lighter WDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX WDC-USD | +0.0050% | 1h | 450.14 | −0.059% | $1.1M | $3.5M | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0086% | 8h | 450.83 | +0.094% | $2.2M | $3.9M | 20x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 450.13 | −0.061% | $277K | $44K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 450.07 | −0.075% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 450.30 | −0.024% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 450.19 | −0.048% | $33K | $8K | 10x | as long as short |
| GRVT WDC_USDT_Perp | +0.0325% | 8h | 450.13 | −0.061% | $522 | $157K | 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
GRVT WDC_USDT_Perp