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

WDC

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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: SunX against Bybit0.000%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2512.506% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 3 days (all we have)+0.036%+$4 · spread now 0.000%, 7d avg −0.007%
Together, before fees+0.039%+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit WDCUSDT449.800get 0.0000% / 8h6h 34m$2.0M$826K25x
ShortSunX WDC-USDT449.800.0100get 0.0100% / 8h6h 34m$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$21
Price spread: 0.000% → −0.007%
$0.71
Slippage, 4 orders
−$231.58
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$228.87
Costs to cover
2.506%
Break-even
83.3 days
Slippage from Bybit: live order book, 2 min ago; SunX: live order book, 3 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, 2 min ago1.78 bp71.2 bp −$71154.1 bp −$1,541doesn't fitdoesn't fit
Sell SunX live order book, 3 min ago46.71 bp65.6 bp −$66doesn't fitdoesn'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−0.0985%4h449.800.000%$50K$230K10xas long as short
Aster WDCUSDT0.0000%8h449.63−0.037%$11K$115K20xas long as short
Extended WDC-USD0.0000%1h449.68−0.026%$4K$133K10xas long as short
Binance WDCUSDT0.0000%8h449.84+0.009%$7.5M$25.0M20xas long as short
Bybit WDCUSDTlong0.0000%8h449.80long leg$2.0M$826K25x
Gate WDC_USDT0.0000%8h449.800.000%$2.0M$2.6M50xas long as short
Bitget WDCUSDT0.0000%8h450.05+0.056%$1.2M$1.1M20xas long as short
BloFin WDC-USDT+0.0021%8h451.82+0.449%$146K$94K20xas long as short
Lighter WDC+0.0032%1h449.52−0.062%10xas long as short
OKX WDC-USDT-SWAP+0.0045%8h450.09+0.064%$2.1M$4.0M20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX WDC-USD+0.0062%1h449.83+0.007%$1.1M$3.8M10xas long as short
tradeXYZ xyz:WDC+0.0076%1h449.76−0.009%$2.4M$2.2M10xas long as short
KuCoin WDCUSDTM+0.0100%8h449.800.000%$277K$44K20xas long as short
Orderly PERP_WDC_USDC_mythos+0.0100%8h449.66−0.031%$9K$2K10xas long as short
SunX WDC-USDTshort+0.0100%8h449.800.000%$2.6M10x
HTX WDC-USDT+0.0100%8h449.75−0.011%$33K$8K10xas long as short
GRVT WDC_USDT_Perp+0.0533%8h449.99+0.042%$778$161K10xas long as short