Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.022%
Price spread now: tradeXYZ against Bitget−0.073%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1001.000% of the position
Funding, last 7 days+0.125%+$12 on $10k
+Price spread, last 7 days+0.007%+$1 · spread now −0.073%, 7d avg −0.078%
=Together, before fees+0.131%+ Points / potential airdroptradeXYZ: Active · farm board+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.078%, 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 | Bitget WDCUSDT | 451.23 | 0 | get 0.0000% / 8h | 4h 33m | $1.2M | $1.1M | 20x |
| Short | tradeXYZ xyz:WDC | 450.90 | 0.0050 | get 0.0006% / 1h | 33m 43s | $2.4M | $2.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Bitget. 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: −0.073% → −0.078%
- $0.53
- Slippage, 4 orders
- −$70.04
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$89.01
- Costs to cover
- 1.000%
- Break-even
- 66.3 days
Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 1.66 bp | 27.1 bp −$27 | 42.9 bp −$429 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 1.33 bp | 12.4 bp −$12 | 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 | −0.0061% | 4h | 451.02 | −0.047% | $50K | $230K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 450.99 | −0.053% | $11K | $115K | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 451.03 | −0.044% | $1.9M | $852K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 451.10 | −0.029% | $1.9M | $2.4M | 50x | as long as short |
| Bitget WDCUSDTlong | 0.0000% | 8h | 451.23 | long leg | $1.2M | $1.1M | 20x | |
| BloFin WDC-USDT | +0.0024% | 8h | 451.07 | −0.035% | $146K | $94K | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 450.91 | −0.071% | — | — | 10x | as long as short |
| Extended WDC-USD | +0.0040% | 1h | 451.05 | −0.040% | $6K | $137K | 10x | as long as short |
| Binance WDCUSDT | +0.0043% | 8h | 451.21 | −0.005% | $7.5M | $24.7M | 20x | as long as short |
| tradeXYZ xyz:WDCshort | +0.0050% | 1h | 450.90 | −0.073% | $2.4M | $2.1M | 10x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX WDC-USD | +0.0058% | 1h | 451.06 | −0.038% | $1.1M | $3.5M | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 451.05 | −0.040% | $277K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 451.01 | −0.049% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 451.10 | −0.029% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 451.30 | +0.016% | $33K | $8K | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0139% | 8h | 451.29 | +0.013% | $2.2M | $3.9M | 20x | as long as short |
| GRVT WDC_USDT_Perp | +0.0221% | 8h | 451.09 | −0.031% | $528 | $156K | 10x | as long as short |
Bitget WDCUSDT
tradeXYZ xyz:WDC
edgeX WDCUSDC
Aster WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
BloFin WDC-USDT
Lighter WDC
Extended WDC-USD
Binance WDCUSDT
KuCoin WDCUSDTM
SunX WDC-USDT
HTX WDC-USDT
OKX WDC-USDT-SWAP
GRVT WDC_USDT_Perp