WDC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.024%

Price spread now: KuCoin against Bybit−0.007%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$205as in the Funding arb table

Net, price: spread back to 7d avg − costs−$201as in the Price arb table

costs, in and out, $10k−$2042.035% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 4 days (all we have)+0.285%+$28 · spread now −0.007%, 7d avg −0.030%

Together, before fees+0.271%+$27 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.024% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WDCUSDT	450.17	0	get 0.0000% / 8h	5h 23m	$2.0M	$817K	25x
Short	KuCoin WDCUSDTM	450.14	0.0100	get 0.0100% / 8h	5h 23m	$277K	$44K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.007%Rate

Funding earned: $21
Price spread: −0.007% → −0.030%: $2.37
Slippage, 4 orders: −$180.55
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$180.18
Costs to cover: 2.035%
Break-even: 67.1 days

Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 72 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, 3 min ago	1.78 bp	64.8 bp −$65	153.3 bp −$1,533	doesn't fit	doesn't fit
Sell KuCoin live order book, 72 min ago	21.80 bp	49.0 bp −$49	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
Aster WDCUSDT	0.0000%	8h	450.01	−0.035%	$11K	$115K	20x	as long as short
Bybit WDCUSDTlong	0.0000%	8h	450.17	long leg	$2.0M	$817K	25x
Gate WDC_USDT	0.0000%	8h	450.30	+0.029%	$1.9M	$2.5M	50x	as long as short
Bitget WDCUSDT	0.0000%	8h	450.46	+0.064%	$1.2M	$1.1M	20x	as long as short
Extended WDC-USD	+0.0008%	1h	450.26	+0.021%	$5K	$134K	10x	as long as short
Binance WDCUSDT	+0.0009%	8h	450.39	+0.049%	$7.5M	$24.7M	20x	as long as short
BloFin WDC-USDT	+0.0011%	8h	450.28	+0.024%	$102K	$94K	20x	as long as short
Lighter WDC	+0.0032%	1h	449.81	−0.080%	—	—	10x	as long as short
tradeXYZ xyz:WDC	+0.0050%	1h	450.07	−0.022%	$2.4M	$2.1M	10x	as long as short
QFEX WDC-USD	+0.0050%	1h	450.17	0.000%	$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
OKX WDC-USDT-SWAP	+0.0086%	8h	450.83	+0.147%	$2.2M	$3.9M	20x	as long as short
KuCoin WDCUSDTMshort	+0.0100%	8h	450.14	−0.007%	$277K	$44K	20x
Orderly PERP_WDC_USDC_mythos	+0.0100%	8h	450.07	−0.022%	$9K	$2K	10x	as long as short
SunX WDC-USDT	+0.0100%	8h	450.30	+0.029%	—	$2.4M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	450.19	+0.004%	$33K	$8K	10x	as long as short
GRVT WDC_USDT_Perp	+0.0325%	8h	450.13	−0.008%	$522	$157K	10x	as long as short
edgeX WDCUSDC	+0.0650%	4h	450.04	−0.029%	$50K	$229K	10x	as long as short