WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0088%/8h= −9.7% APRnext payment −$0.88 per $10,000 · paid last 24h −0.018%

Price spread now: Bitget against Bybit+0.029%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$167as in the Funding arb table

Net, price: spread back to 7d avg − costs−$151as in the Price arb table

costs, in and out, $10k−$1531.528% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.142%−$14 on $10k

Price spread, last 7 days−0.050%−$5 · spread now +0.029%, 7d avg +0.008%

Together, before fees−0.191%−$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.021% dearer against Bybit than usual: you sell high and buy low (spread +0.029% now, against its 7-day average of +0.008%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WDCUSDT	447.48	0.0088	pay 0.0088% / 8h	3h 30m	$1.9M	$828K	25x
Short	Bitget WDCUSDT	447.61	0	get 0.0000% / 8h	3h 30m	$1.1M	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BitgetbpOrdersPrice spread, now +0.029%Rate

Funding earned: −$18.55
Price spread: +0.029% → +0.008%: $2.06
Slippage, 4 orders: −$129.75
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$169.24
Costs to cover: 1.528%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 2 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 Bybit live order book, 2 min ago	4.36 bp	85.7 bp −$86	314.9 bp −$3,149	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	2.79 bp	31.4 bp −$31	56.2 bp −$562	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
BloFin WDC-USDT	−0.0023%	8h	447.50	+0.004%	$148K	$94K	20x	as long as short
Aster WDCUSDT	0.0000%	8h	447.70	+0.050%	$20K	$105K	20x	as long as short
Extended WDC-USD	0.0000%	1h	447.67	+0.043%	$6K	$143K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	447.63	+0.034%	$7.8M	$25.9M	20x	as long as short
Gate WDC_USDT	0.0000%	8h	447.40	−0.018%	$2.0M	$3.1M	50x	as long as short
Bitget WDCUSDTshort	0.0000%	8h	447.61	+0.029%	$1.1M	$1.4M	20x
GRVT WDC_USDT_Perp	0.0000%	8h	447.43	−0.011%	$523	$184K	10x	as long as short
Lighter WDC	+0.0032%	1h	447.16	−0.072%	—	—	10x	as long as short
tradeXYZ xyz:WDC	+0.0050%	1h	447.32	−0.036%	$2.4M	$2.7M	10x	as long as short
QFEX WDC-USD	+0.0054%	1h	447.56	+0.018%	$1.1M	$3.5M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WDCUSDTlong	+0.0088%	8h	447.48	long leg	$1.9M	$828K	25x
KuCoin WDCUSDTM	+0.0100%	8h	447.40	−0.018%	$298K	$17K	20x	as long as short
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	447.43	−0.011%	$9K	$2K	10x	as long as short
SunX WDC-USDT	+0.0100%	8h	447.60	+0.027%	—	$2.7M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	447.67	+0.042%	$33K	$9K	10x	as long as short
OKX WDC-USDT-SWAP	+0.0190%	8h	447.82	+0.076%	$2.2M	$4.1M	20x	as long as short
edgeX WDCUSDC	+0.0900%	4h	447.38	−0.023%	$50K	$231K	10x	as long as short