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

WCT

all WCT markets
SwapBacktest
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−0.023%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1131.128% 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 4 days (all we have)−0.056%−$6 · spread now −0.023%, 7d avg +0.051%
Together, before fees−0.056%−$6 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: Bitget is 0.074% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX WCT-USDT0.042850.0100pay 0.0050% / 4h1h 20m$6.5M
ShortBitget WCTUSDT0.042840.0100get 0.0050% / 4h1h 20m$428K$341K25x

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: −0.023% → +0.051%
−$7.41
Slippage, 4 orders
−$90.76
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$120.17
Costs to cover
1.128%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; Bitget: live order book, 36 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, 6 min ago7.01 bp33.4 bp −$33149.7 bp −$1,497636.2 bp −$63.6K1038.5 bp −$519.2K
Sell Bitget live order book, 36 min ago9.43 bp23.7 bp −$24242.7 bp −$2,427doesn't fitdoesn't fit

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%1h0.04290+0.112%$197K$267K3xas long as short
Binance WCTUSDT+0.0100%4h0.04282−0.065%$2.0M$2.6M25xas long as short
Bybit WCTUSDT+0.0100%4h0.04281−0.093%$895K$527K25xas long as short
OKX WCT-USDT-SWAP+0.0100%4h0.04283−0.047%$394K$637K20xas long as short
Gate WCT_USDT+0.0100%8h0.04282−0.070%$105K$48K25xas long as short
MEXC WCT_USDT+0.0100%4h0.04287+0.047%$443K$134K50xas long as short
KuCoin WCTUSDTM+0.0100%4h0.04289+0.093%$130K$31K25xas long as short
Bitget WCTUSDTshort+0.0100%4h0.04284−0.023%$428K$341K25x
BingX WCT-USDTlong+0.0100%4h0.04285long leg$6.5M
Variational Omni WCT+0.0100%4h0.04282−0.077%$8K$2Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin WCT-USDT+0.0126%4h0.04284−0.023%$99K$5K50xas long as short