Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.016%
Price spread now: tradeXYZ against Bybit−0.089%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$770.774% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now −0.089%, 7d avg −0.069%
=Together, before fees+0.006%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.020% cheaper against Bybit than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of −0.069%). If the spread goes back, that is −$2 on $10k: about 32 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WDCUSDT | 450.40 | 0 | get 0.0000% / 8h | 6h 13m | $2.0M | $824K | 25x |
| Short | tradeXYZ xyz:WDC | 450.00 | 0.0050 | get 0.0006% / 1h | 13m 03s | $2.4M | $2.2M | 10x |
Bybit WDCUSDT
tradeXYZ xyz:WDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.089% → −0.069%
- −$2.03
- Slippage, 4 orders
- −$48.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$68.9
- Costs to cover
- 0.774%
- Break-even
- 52.9 days
Slippage from Bybit: live order book, 4 min ago; tradeXYZ: live order book, 5 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, 4 min ago | 1.89 bp | 27.6 bp −$28 | 147.7 bp −$1,477 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 1.33 bp | 16.7 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
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 | +0.085% | $50K | $231K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 450.10 | −0.067% | $11K | $115K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 450.34 | −0.014% | $4K | $134K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 450.43 | +0.007% | $7.5M | $25.0M | 20x | as long as short |
| Bybit WDCUSDTlong | 0.0000% | 8h | 450.40 | long leg | $2.0M | $824K | 25x | |
| Gate WDC_USDT | 0.0000% | 8h | 450.40 | 0.000% | $2.0M | $2.6M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 450.90 | +0.111% | $1.2M | $1.1M | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 450.25 | −0.033% | — | — | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0046% | 8h | 450.49 | +0.020% | $2.2M | $3.9M | 20x | as long as short |
| tradeXYZ xyz:WDCshort | +0.0050% | 1h | 450.00 | −0.089% | $2.4M | $2.2M | 10x |
edgeX WDCUSDC
Aster WDCUSDT
Extended WDC-USD
Binance 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 | −0.016% | $1.1M | $3.6M | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 450.34 | −0.013% | $277K | $44K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 450.14 | −0.058% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 450.30 | −0.022% | — | $2.5M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 450.44 | +0.009% | $33K | $8K | 10x | as long as short |
| GRVT WDC_USDT_Perp | +0.0422% | 8h | 450.85 | +0.101% | $586 | $161K | 10x | as long as short |
QFEX WDC-USD
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT
GRVT WDC_USDT_Perp