Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.038%
Price spread now: Bybit against BingX−0.144%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1281.280% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)−0.297%−$30 · spread now −0.144%, 7d avg −0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.092% cheaper against BingX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX WCT-USDT | 0.04163 | 0.0100 | pay 0.0050% / 4h | 1h 51m | — | $6.5M | — |
| Short | Bybit WCTUSDT | 0.04157 | 0.0100 | get 0.0050% / 4h | 1h 51m | $888K | $478K | 25x |
BingX WCT-USDT
Bybit WCTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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: −0.144% → −0.052%
- −$9.18
- Slippage, 4 orders
- −$106.98
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$137.16
- Costs to cover
- 1.280%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; Bybit: live order book, 28 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 BingX live order book, 14 min ago | 7.22 bp | 26.4 bp −$26 | 92.4 bp −$924 | 705.1 bp −$70.5K | doesn't fit |
| Sell Bybit live order book, 28 min ago | 6.00 bp | 32.2 bp −$32 | 68.6 bp −$686 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid WCT | +0.0100% | 1h | 0.04169 | +0.154% | $186K | $260K | 3x | as long as short |
| Binance WCTUSDT | +0.0100% | 4h | 0.04163 | +0.003% | $1.9M | $2.4M | 25x | as long as short |
| Bybit WCTUSDTshort | +0.0100% | 4h | 0.04157 | −0.144% | $888K | $478K | 25x | |
| OKX WCT-USDT-SWAP | +0.0100% | 4h | 0.04161 | −0.048% | $382K | $576K | 20x | as long as short |
| Gate WCT_USDT | +0.0100% | 8h | 0.04162 | −0.024% | $105K | $48K | 25x | as long as short |
| MEXC WCT_USDT | +0.0100% | 4h | 0.04164 | +0.024% | $352K | $124K | 50x | as long as short |
| KuCoin WCTUSDTM | +0.0100% | 4h | 0.04169 | +0.144% | $134K | $28K | 25x | as long as short |
| Bitget WCTUSDT | +0.0100% | 4h | 0.04169 | +0.144% | $388K | $306K | 25x | as long as short |
| BingX WCT-USDTlong | +0.0100% | 4h | 0.04163 | long leg | — | $6.5M | — | |
| Variational Omni WCT | +0.0100% | 4h | 0.04157 | −0.153% | $7K | $2K | — | as long as short |
Hyperliquid WCT
Binance WCTUSDT
OKX WCT-USDT-SWAP
Gate WCT_USDT
MEXC WCT_USDT
KuCoin WCTUSDTM
Bitget WCTUSDT
Variational Omni WCTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin WCT-USDT | +0.0106% | 4h | 0.04164 | +0.024% | $97K | $3K | 50x | as long as short |
BloFin WCT-USDT