Settings8H · net · $10k
Funding arb · Price arb /

WDC

RWAall WDC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.04 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Bybit+0.013%72s7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$620.622% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.057%−$6 on $10k
Price spread, last 4 days (all we have)+0.218%+$22 · spread now +0.013%, 7d avg +0.002%
Together, before fees+0.161%+$16 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit WDCUSDT450.320get 0.0000% / 8h5h 46m$2.0M$822K25x
ShortBloFin WDC-USDT450.380.0004get 0.0004% / 8h5h 46m$94K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$0.77
Price spread: +0.013% → +0.002%
$1.1
Slippage, 4 orders
−$39.19
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$60.33
Costs to cover
0.622%
Break-even
558.7 days
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 65 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago1.11 bp17.1 bp −$17142.9 bp −$1,429doesn't fitdoesn't fit
Sell BloFin live order book, 65 min ago0.88 bp11.5 bp −$1120.8 bp −$208doesn't fitdoesn't fit

WDC on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX WDCUSDC−0.0144%4h450.63+0.069%$50K$231K10xas long as short
Aster WDCUSDT0.0000%8h449.88−0.097%$11K$115K20xas long as short
Extended WDC-USD0.0000%1h450.20−0.027%$5K$136K10xas long as short
Binance WDCUSDT0.0000%8h450.37+0.012%$7.5M$24.7M20xas long as short
Bybit WDCUSDTlong0.0000%8h450.32long leg$2.0M$822K25x
Gate WDC_USDT0.0000%8h450.30−0.004%$1.9M$2.5M50xas long as short
Bitget WDCUSDT0.0000%8h450.38+0.013%$1.2M$1.1M20xas long as short
BloFin WDC-USDTshort+0.0004%8h450.38+0.013%$94K20x
Lighter WDC+0.0032%1h449.68−0.142%10xas long as short
tradeXYZ xyz:WDC+0.0050%1h449.90−0.093%$2.4M$2.2M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX WDC-USD+0.0050%1h450.26−0.013%$1.1M$3.6M10xas long as short
OKX WDC-USDT-SWAP+0.0067%8h450.66+0.076%$2.2M$3.9M20xas long as short
KuCoin WDCUSDTM+0.0100%8h450.23−0.020%$277K$44K20xas long as short
Orderly PERP_WDC_USDC_mythos+0.0100%8h450.02−0.067%$9K$2K10xas long as short
SunX WDC-USDT+0.0100%8h450.40+0.018%$2.5M10xas long as short
HTX WDC-USDT+0.0100%8h450.70+0.084%$33K$8K10xas long as short
GRVT WDC_USDT_Perp+0.0378%8h450.96+0.142%$541$158K10xas long as short