WDC Perpetual Swap Funding Rate by Exchange
Western Digital (WDC)
How WDC funding actually paid this week
Top pairs by funding actually paid over the last 7 days on a $10,000 position, after entry and exit costs β not the instant APR.
Over the last week no WDC long/short pair paid enough funding to cover its entry and exit costs.
Past 7 days, not a forecast. Costs = taker fees on both venues, in and out. Upcoming payouts β
Funding Rates by Exchange
Funding Rates by Exchange
| Exchange | Funding APRβ | Interval | Open Interestβ | Mark Priceβ |
|---|---|---|---|---|
| +45.34% | 4h | $34K | $290.361 | |
| +10.96% | 8h | $16K | $290.67 | |
| +10.93% | 8h | $5K | $290.39 | |
| +5.48% | 1h | $1.5M | $290.32 | |
| +5.01% | 1h | $18K | $290.14 | |
| +4.16% | 1h | $29K | $290.2 | |
| +0.69% | 8h | $1.2M | $290.46 | |
| +0.14% | 8h | $239K | $290.6 | |
| +0.00% | 8h | $4.6M | $290.5969 | |
| +0.00% | 8h | $1.9M | $290.65 | |
| +0.00% | 8h | $1.6M | $290.45 | |
| +0.00% | 8h | $956K | $290.61 | |
| +0.00% | 8h | $1.5M | $290.6 | |
| +0.00% | 8h | $275K | $290.6 | |
| +0.00% | 8h | $11.3M | $290.63 | |
| +0.00% | 8h | $16K | $290.578 | |
| +0.00% | 8h | $0K | $290.55 | |
| +0.00% | 1h | $5K | $290.2989 | |
| +0.00% | 8h | $527K | $290.44 | |
| +0.00% | 8h | β | $291.1 | |
| +0.00% | 8h | β | $290.63 | |
| +0.00% | 1h | $424K | $290.3703 | |
| -0.67% | 8h | β | $290.59 | |
| -10.69% | 8h | $18K | $290.46 |
WDC funding rates explained
Funding data updated 10:44 UTC, 2026-11-14
WDC (Western Digital (WDC)) tokenized / RWA perpetual funding rates β also called perpetual swap funding rates β are aggregated live by exchange across 24 venues on ORBIT. Funding is the recurring payment exchanged between long and short traders that keeps a perpetual swap tethered to the spot price β when it is positive, longs pay shorts; when negative, shorts pay longs. Right now WDC funding ranges from -10.69% annualized on WEEX to +45.34% on edgeX V2.
The widest cross-exchange funding spread for WDC is currently 56.0% APR. A delta-neutral funding trade captures this gap by going long on WEEX β where funding is lowest, so the long leg is paid or pays the least β and short on edgeX V2, where funding is highest, so the short leg collects. Because the two legs are equal and opposite, the asset's price moves cancel out and what is left is the funding spread. ORBIT's backtester replays the real funding history of both legs and subtracts live taker fees and order-book slippage, so the result is net PnL, not a headline number.
WDC ranks #161 by open interest among tracked perpetual assets, total open interest across covered venues is $26.1M, 24h volume is $34.0M, the volume-weighted mark price is $290.5767. Deeper liquidity means a funding spread can be traded at larger size with lower slippage β use the Min OI filter on the screener to surface only markets you can realistically enter and exit.
Frequently asked questions
- Which exchange has the highest WDC funding rate right now?
- edgeX V2 shows the highest WDC funding at +45.34% annualized. A high positive rate means shorts get paid, so this is the venue to short WDC when running a funding-arbitrage pair. Rates change every settlement window β check the live screener for the current value.
- Which exchange is best to long WDC for funding?
- WEEX has the lowest WDC funding at -10.69% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.
- What is the best WDC funding-arbitrage pair?
- The widest spread is long WEEX / short edgeX V2 at about 56.0% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.
- How often does WDC funding settle?
- WDC funding settles on different schedules by venue (1h, 4h, 8h). Longer intervals concentrate the same annualized rate into fewer, larger payments. ORBIT normalizes every venue to a common APR so they are directly comparable.
- Is WDC funding positive or negative?
- WDC funding is mixed across venues, ranging -10.69% to +45.34% APR β which is exactly what creates the cross-exchange arbitrage opportunity.
- What is the current WDC perpetual swap funding rate?
- The current WDC perpetual swap funding rate ranges from -10.69% to +45.34% annualized depending on the exchange β WEEX is lowest and edgeX V2 is highest right now. There is no single WDC funding rate: every venue runs its own funding formula and order book, which is why the rate has to be read by exchange rather than as one number.
- What is the aggregated WDC funding rate across exchanges?
- Aggregated across the 24 venues ORBIT tracks, WDC funding currently spans -10.69% to +45.34% APR, a spread of 56.0 percentage points. An aggregated average hides the part that matters for trading β the gap between the cheapest and dearest venue β so the table above lists each exchange separately.
- How do I read the WDC 8h funding rate versus the annualized rate?
- Venues that settle WDC every 8 hours quote the per-payment rate, which is charged three times a day. Multiply an 8h rate by 3 to get the daily figure and by 1,095 to annualize it. ORBIT converts every venue β 1h, 4h and 8h alike β to a common APR so an 8h rate and a 1h rate can be compared directly.