Funding you earn now, next payment 08:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.82 per $10,000 · paid last 24h −0.003%
Price spread now: OKX against Bybit+0.016%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1261.262% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 7 days−0.002%$0 · spread now +0.016%, 7d avg +0.018%
=The price spread sits at its 7-day average of +0.018%, 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 | Bybit WDCUSDT | 443.93 | 0 | get 0.0000% / 8h | 3h 03m | $1.9M | $868K | 25x |
| Short | OKX WDC-USDT-SWAP | 444.00 | 0.0082 | get 0.0082% / 8h | 3h 03m | $2.1M | $4.0M | 20x |
Bybit WDCUSDT
OKX WDC-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. 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
- $17.25
- Price spread: +0.016% → +0.018%
- −$0.19
- Slippage, 4 orders
- −$105.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$109.15
- Costs to cover
- 1.262%
- Break-even
- 51.3 days
Slippage from Bybit: live order book, 3 min ago; OKX: 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 Bybit live order book, 3 min ago | 2.14 bp | 22.6 bp −$23 | 107.8 bp −$1,078 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.14 bp | 16.0 bp −$16 | 110.2 bp −$1,102 | 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 | −0.0063% | 4h | 444.61 | +0.152% | $49K | $230K | 10x | as long as short |
| Bitget WDCUSDT | −0.0023% | 8h | 444.82 | +0.200% | $1.1M | $1.1M | 20x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 443.83 | −0.022% | $10K | $115K | 20x | as long as short |
| Bybit WDCUSDTlong | 0.0000% | 8h | 443.93 | long leg | $1.9M | $868K | 25x | |
| Gate WDC_USDT | 0.0000% | 8h | 444.40 | +0.106% | $1.9M | $2.5M | 50x | as long as short |
| GRVT WDC_USDT_Perp | 0.0000% | 8h | 444.75 | +0.185% | $529 | $155K | 10x | as long as short |
| BloFin WDC-USDT | 0.0000% | 8h | 444.79 | +0.194% | $143K | $94K | 20x | as long as short |
| Binance WDCUSDT | +0.0006% | 8h | 444.04 | +0.025% | $7.3M | $25.2M | 20x | as long as short |
| Extended WDC-USD | +0.0008% | 1h | 444.21 | +0.064% | $6K | $165K | 10x | as long as short |
| Lighter WDC | +0.0032% | 1h | 443.80 | −0.029% | — | — | 10x | as long as short |
edgeX WDCUSDC
Bitget WDCUSDT
Aster WDCUSDT
Gate WDC_USDT
GRVT WDC_USDT_Perp
BloFin WDC-USDT
Binance WDCUSDT
Extended WDC-USD
Lighter WDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX WDC-USD | +0.0037% | 1h | 443.93 | 0.000% | $1.1M | $3.2M | 10x | as long as short |
| tradeXYZ xyz:WDC | +0.0050% | 1h | 443.59 | −0.077% | $2.3M | $2.1M | 10x | as long as short |
| OKX WDC-USDT-SWAPshort | +0.0082% | 8h | 444.00 | +0.016% | $2.1M | $4.0M | 20x | |
| KuCoin WDCUSDTM | +0.0100% | 8h | 444.17 | +0.054% | $272K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 444.33 | +0.090% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 444.80 | +0.196% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 444.70 | +0.173% | $33K | $8K | 10x | as long as short |
QFEX WDC-USD
tradeXYZ xyz:WDC
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT