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 +0.063%
Price spread now: Bitget against Bybit0.000%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1531.528% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.116%+$12 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg +0.005%
Together, before fees+0.116%+$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit WALUSDT0.035300.0100pay 0.0050% / 4h1h 20m$1.3M$1.7M25x
ShortBitget WALUSDT0.035300.0100get 0.0050% / 4h1h 20m$612K$916K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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% → +0.005%
−$0.47
Slippage, 4 orders
−$129.79
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$153.26
Costs to cover
1.528%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 40 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 Bybit live order book, 1 min ago2.83 bp43.0 bp −$43266.2 bp −$2,662doesn't fitdoesn't fit
Sell Bitget live order book, 40 min ago2.89 bp32.6 bp −$33162.2 bp −$1,622doesn'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%4h0.035300.000%$2.4M$6.7M75xas long as short
Bybit WALUSDTlong+0.0100%4h0.03530long leg$1.3M$1.7M25x
OKX WAL-USDT-SWAP+0.0100%4h0.03531+0.028%$218K$1.0M10xas long as short
Gate WAL_USDT+0.0100%4h0.03527−0.085%$296K$513K50xas long as short
MEXC WAL_USDT+0.0100%4h0.03529−0.028%$599K$289K20xas long as short
KuCoin WALUSDTM+0.0100%4h0.03529−0.028%$347K$66K30xas long as short
Bitget WALUSDTshort+0.0100%4h0.035300.000%$612K$916K20x
BingX WAL-USDT+0.0100%4h0.03529−0.028%$6.6Mas long as short
Variational Omni WAL+0.0100%4h0.03529−0.033%$23K$9Kas long as short
Bluefin WAL-PERP+0.0100%1h0.03528−0.057%$32K$794K20xas long as short