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

ETHW

all ETHW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.023%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1501.495% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.100%−$10 on $10k
Price spread, last 4 days (all we have)+0.669%+$67 · spread now +0.023%, 7d avg +0.008%
Together, before fees+0.569%+$57 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ETHWUSDT0.29780.0100pay 0.0050% / 4h1h 44m$1.3M$5.5M50x
ShortBitget ETHWUSDT0.29790.0100get 0.0050% / 4h1h 44m$161K$226K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
$0
Price spread: +0.023% → +0.008%
$1.49
Slippage, 4 orders
−$127.54
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$148.05
Costs to cover
1.495%
Break-even
never at this rate
Slippage from Binance: live order book, 9 min ago; Bitget: live order book, 30 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 Binance live order book, 9 min ago1.68 bp42.3 bp −$42266.2 bp −$2,662doesn't fitdoesn't fit
Sell Bitget live order book, 30 min ago11.79 bp36.8 bp −$37313.9 bp −$3,139doesn't fitdoesn't fit

ETHW on 5 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
Binance ETHWUSDTlong+0.0100%4h0.2978long leg$1.3M$5.5M50x
OKX ETHW-USDT-SWAP+0.0100%4h0.2975−0.112%$863K$4.5M10xas long as short
Gate ETHW_USDT+0.0100%4h0.2977−0.044%$225K$280K20xas long as short
MEXC ETHW_USDT+0.0100%4h0.2977−0.044%$1.0M$912K100xas long as short
Bitget ETHWUSDTshort+0.0100%4h0.2979+0.023%$161K$226K50x