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

WAL

all WAL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX+0.058%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1131.129% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.105%+$11 on $10k
Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.058%, 7d avg +0.045%
Together, before fees+0.007%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX WAL-USDT0.034250.0100pay 0.0050% / 4h3h 44m$6.6M
ShortBitget WALUSDT0.034270.0100get 0.0050% / 4h3h 44m$586K$869K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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: +0.058% → +0.045%
$1.32
Slippage, 4 orders
−$90.87
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$111.55
Costs to cover
1.129%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; Bitget: live order book, 26 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 BingX live order book, 2 min ago5.84 bp27.4 bp −$2786.8 bp −$868615.9 bp −$61.6Kdoesn't fit
Sell Bitget live order book, 26 min ago2.92 bp35.4 bp −$35110.5 bp −$1,105doesn't fitdoesn't fit

WAL on 10 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 WALUSDT+0.0100%4h0.03425+0.011%$2.2M$6.3M75xas long as short
Bybit WALUSDT+0.0100%4h0.034250.000%$1.3M$1.5M25xas long as short
OKX WAL-USDT-SWAP+0.0100%4h0.03421−0.117%$220K$854K10xas long as short
Gate WAL_USDT+0.0100%4h0.03422−0.088%$291K$422K50xas long as short
MEXC WAL_USDT+0.0100%4h0.03424−0.029%$562K$269K20xas long as short
KuCoin WALUSDTM+0.0100%4h0.034250.000%$341K$71K30xas long as short
Bitget WALUSDTshort+0.0100%4h0.03427+0.058%$586K$869K20x
BingX WAL-USDTlong+0.0100%4h0.03425long leg$6.6M
Variational Omni WAL+0.0100%4h0.03423−0.059%$20K$7Kas long as short
Bluefin WAL-PERP+0.0198%1h0.03427+0.058%$32K$760K20xas long as short