Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.008%
Price spread now: tradeXYZ against HTX−0.098%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.098% cheaper against HTX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX WDC-USDT | 450.44 | 0.0100 | pay 0.0100% / 8h | 6h 13m | $33K | $8K | 10x |
| Short | tradeXYZ xyz:WDC | 450.00 | 0.0050 | get 0.0006% / 1h | 13m 03s | $2.4M | $2.2M | 10x |
HTX WDC-USDT
tradeXYZ xyz:WDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against HTX. 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
- −$10.5
- Price spread: −0.098% → 0.000%
- −$9.77
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$50.27
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; tradeXYZ: live order book, 5 min ago. 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 HTX no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 5 min ago | 1.33 bp | 16.7 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
HTX: 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 16 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 | −0.0385% | 4h | 450.78 | +0.076% | $50K | $231K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 450.10 | −0.076% | $11K | $115K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 450.34 | −0.023% | $4K | $134K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 450.43 | −0.002% | $7.5M | $25.0M | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 450.40 | −0.009% | $2.0M | $824K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 450.40 | −0.009% | $2.0M | $2.6M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 450.90 | +0.102% | $1.2M | $1.1M | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 450.25 | −0.042% | — | — | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0046% | 8h | 450.49 | +0.011% | $2.2M | $3.9M | 20x | as long as short |
| tradeXYZ xyz:WDCshort | +0.0050% | 1h | 450.00 | −0.098% | $2.4M | $2.2M | 10x |
edgeX WDCUSDC
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
Lighter WDC
OKX WDC-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX WDC-USD | +0.0062% | 1h | 450.33 | −0.024% | $1.1M | $3.6M | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 450.34 | −0.022% | $277K | $44K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 450.14 | −0.067% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 450.30 | −0.031% | — | $2.5M | 10x | as long as short |
| HTX WDC-USDTlong | +0.0100% | 8h | 450.44 | long leg | $33K | $8K | 10x | |
| GRVT WDC_USDT_Perp | +0.0422% | 8h | 450.85 | +0.092% | $586 | $161K | 10x | as long as short |
QFEX WDC-USD
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
GRVT WDC_USDT_Perp