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

ETHW

all ETHW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget0.000%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$2072.071% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$10 on $10k
Price spread, last 4 days (all we have)−1.937%−$194 · spread now 0.000%, 7d avg −0.010%
Together, before fees−1.842%−$184 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ETHWUSDT0.28860.0100pay 0.0050% / 4h3h 23m$154K$252K50x
ShortBinance ETHWUSDT0.28860.0100get 0.0050% / 4h3h 23m$1.1M$5.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: 0.000% → −0.010%
$0.98
Slippage, 4 orders
−$185.09
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$206.11
Costs to cover
2.071%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 15 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 Bitget live order book, 1 min ago27.78 bp54.1 bp −$54415.9 bp −$4,159doesn't fitdoesn't fit
Sell Binance live order book, 15 min ago3.46 bp48.0 bp −$48260.4 bp −$2,604doesn'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 ETHWUSDTshort+0.0100%4h0.28860.000%$1.1M$5.5M50x
OKX ETHW-USDT-SWAP+0.0100%4h0.2882−0.139%$764K$4.4M10xas long as short
Gate ETHW_USDT+0.0100%4h0.2878−0.277%$214K$249K20xas long as short
MEXC ETHW_USDT+0.0100%4h0.2891+0.173%$804K$937K100xas long as short
Bitget ETHWUSDTlong+0.0100%4h0.2886long leg$154K$252K50x