Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.333%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1251.245% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.316%+$32 · spread now −0.333%, 7d avg −0.079%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.254% cheaper against Binance than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WCTUSDT | 0.04210 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $2.0M | $2.5M | 25x |
| Short | OKX WCT-USDT-SWAP | 0.04196 | 0.0100 | get 0.0050% / 4h | 2h 37m | $381K | $534K | 20x |
Binance WCTUSDT
OKX WCT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.333% → −0.079%
- −$25.38
- Slippage, 4 orders
- −$104.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$149.9
- Costs to cover
- 1.245%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; OKX: live order book, 8 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 12 min ago | 2.35 bp | 22.4 bp −$22 | 255.0 bp −$2,550 | doesn't fit | doesn't fit |
| Sell OKX live order book, 8 min ago | 5.90 bp | 35.7 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
WCT on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin WCT-USDT | +0.0041% | 4h | 0.04198 | −0.285% | $97K | $5K | 50x | as long as short |
| Bybit WCTUSDT | +0.0062% | 4h | 0.04207 | −0.071% | $855K | $468K | 25x | as long as short |
| Hyperliquid WCT | +0.0100% | 1h | 0.04214 | +0.095% | $190K | $206K | 3x | as long as short |
| Binance WCTUSDTlong | +0.0100% | 4h | 0.04210 | long leg | $2.0M | $2.5M | 25x | |
| OKX WCT-USDT-SWAPshort | +0.0100% | 4h | 0.04196 | −0.333% | $381K | $534K | 20x | |
| Gate WCT_USDT | +0.0100% | 8h | 0.04204 | −0.143% | $102K | $46K | 25x | as long as short |
| MEXC WCT_USDT | +0.0100% | 4h | 0.04210 | 0.000% | $431K | $139K | 50x | as long as short |
| KuCoin WCTUSDTM | +0.0100% | 4h | 0.04205 | −0.119% | $128K | $29K | 25x | as long as short |
| Bitget WCTUSDT | +0.0100% | 4h | 0.04208 | −0.048% | $374K | $362K | 25x | as long as short |
| BingX WCT-USDT | +0.0100% | 4h | 0.04205 | −0.119% | — | $6.5M | — | as long as short |
BloFin WCT-USDT
Bybit WCTUSDT
Hyperliquid WCT
Gate WCT_USDT
MEXC WCT_USDT
KuCoin WCTUSDTM
Bitget WCTUSDT
BingX WCT-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni WCT | +0.0100% | 4h | 0.04207 | −0.075% | $7K | $853 | — | as long as short |
Variational Omni WCT