WDC Funding Rate — Western Digital perpetuals across 9 venues
TradFi perpetual · compared across 9 venues · net of estimated fees · updated every few minutesWDC is an equity-linked perpetual referencing Western Digital, traded on-chain (not a tokenized xStock). Perpia compares its annualized funding across venues and the best delta-neutral spread.
Live annualized WDC perpetual funding across all 9 venues Perpia tracks. Right now WDC funding is positive on 3 and negative on 0, ranging from +30.1% on trade.xyz to +0.0% on KuCoin — a spread of 30.1%. The widest delta-neutral trade is long OKX / short Hyperliquid at 26.9% net APR.
WDC funding trend & liquidity
168h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
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Build a route
any two of the 9 venuesThis is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.
Venues: pick the two legs
sorted by rate · 9 venuesRates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the OKX vs Hyperliquid page. 19 pairs scanned for WDC.
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WDC — FAQ
Is WDC funding positive right now?
WDC perpetual funding is positive on 3 of 9 venues Perpia tracks. The highest is +30.1% on trade.xyz; the lowest is +0.0% on KuCoin.
What is the best WDC funding arbitrage right now?
Go long OKX and short Hyperliquid for about 26.9% net APR after fees — the widest delta-neutral WDC spread Perpia currently sees.
Which exchange has the highest WDC funding rate?
trade.xyz, at +30.1% annualized. Funding shifts continuously, so check the live table above before trading.
How WDC funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Markets related to WDC
also quoted on both Hyperliquid and OKXThe same two exchanges you would already have funded for the WDC trade. Every spread between them is on the Hyperliquid vs OKX page.