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: Orderly against Bybit−0.057%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Orderly is 0.057% cheaper against Bybit than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 45 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WDCUSDT	441.79	0	get 0.0000% / 8h	1h 40m	$1.9M	$703K	25x
Short	Orderly PERP_WDC_USDC_mythos	441.54	0.0100	get 0.0100% / 8h	1h 40m	$9K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.057%Rate

Funding earned: $21
Price spread: −0.057% → 0.000%: −$5.66
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$1.66
Costs to cover: 0.170%
Break-even: 7.6 days

Slippage unknown: Bybit: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.

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, 1 min ago	2.15 bp	35.4 bp −$35	160.4 bp −$1,604	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bitget WDCUSDT	−0.0494%	8h	442.71	+0.208%	$1.1M	$1.1M	20x	as long as short
Aster WDCUSDT	0.0000%	8h	442.00	+0.048%	$19K	$126K	20x	as long as short
Extended WDC-USD	0.0000%	1h	441.79	+0.001%	$6K	$169K	10x	as long as short
Binance WDCUSDT	0.0000%	8h	441.86	+0.016%	$7.3M	$25.4M	20x	as long as short
Bybit WDCUSDTlong	0.0000%	8h	441.79	long leg	$1.9M	$703K	25x
Gate WDC_USDT	0.0000%	8h	441.80	+0.002%	$1.9M	$2.4M	50x	as long as short
GRVT WDC_USDT_Perp	+0.0012%	8h	442.27	+0.109%	$526	$150K	10x	as long as short
BloFin WDC-USDT	+0.0018%	8h	442.06	+0.061%	$143K	$93K	20x	as long as short
Lighter WDC	+0.0032%	1h	441.48	−0.070%	—	—	10x	as long as short
tradeXYZ xyz:WDC	+0.0050%	1h	441.64	−0.034%	$2.3M	$2.1M	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	+0.0053%	8h	442.00	+0.048%	$2.1M	$4.2M	20x	as long as short
QFEX WDC-USD	+0.0057%	1h	441.92	+0.029%	$1.1M	$3.0M	10x	as long as short
KuCoin WDCUSDTM	+0.0100%	8h	441.66	−0.029%	$271K	$46K	20x	as long as short
Orderly PERP_WDC_USDC_mythosshort	+0.0100%	8h	441.54	−0.057%	$9K	$2K	10x
SunX WDC-USDT	+0.0100%	8h	442.00	+0.048%	—	$2.4M	10x	as long as short
HTX WDC-USDT	+0.0100%	8h	442.19	+0.091%	$33K	$8K	10x	as long as short
edgeX WDCUSDC	+0.0335%	4h	442.21	+0.096%	$49K	$231K	10x	as long as short