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

WCT

all WCT 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: BingX against Binance+0.023%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1131.134% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.068%−$7 · spread now +0.023%, 7d avg −0.014%
Together, before fees−0.068%−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.038% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance WCTUSDT0.041610.0100pay 0.0050% / 4h1h 51m$1.9M$2.4M25x
ShortBingX WCT-USDT0.041620.0100get 0.0050% / 4h1h 51m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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% → −0.014%
$3.75
Slippage, 4 orders
−$93.42
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$109.67
Costs to cover
1.134%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; BingX: 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 Binance live order book, 14 min ago3.61 bp25.3 bp −$25278.7 bp −$2,787doesn't fitdoesn't fit
Sell BingX live order book, 15 min ago7.22 bp33.2 bp −$33106.1 bp −$1,061660.2 bp −$66.0K1042.9 bp −$521.4K

WCT on 11 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
Hyperliquid WCT+0.0100%1h0.04166+0.127%$186K$260K3xas long as short
Binance WCTUSDTlong+0.0100%4h0.04161long leg$1.9M$2.4M25x
Bybit WCTUSDT+0.0100%4h0.04158−0.073%$888K$478K25xas long as short
OKX WCT-USDT-SWAP+0.0100%4h0.04161−0.001%$382K$576K20xas long as short
Gate WCT_USDT+0.0100%8h0.04162+0.023%$105K$48K25xas long as short
MEXC WCT_USDT+0.0100%4h0.04163+0.047%$352K$124K50xas long as short
KuCoin WCTUSDTM+0.0100%4h0.04169+0.192%$134K$28K25xas long as short
Bitget WCTUSDT+0.0100%4h0.04168+0.168%$388K$306K25xas long as short
BingX WCT-USDTshort+0.0100%4h0.04162+0.023%$6.5M
Variational Omni WCT+0.0100%4h0.04157−0.105%$7K$2Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin WCT-USDT+0.0155%4h0.04160−0.025%$97K$3K50xas long as short