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: KuCoin against BingX+0.070%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$614as in the Funding arb table
Net, price: spread back to 7d avg − costs−$609as in the Price arb table
costs, in and out, $10k−$6146.135% 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)+0.036%+$4 · spread now +0.070%, 7d avg +0.025%
Together, before fees+0.036%+$4 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: KuCoin is 0.045% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX WCT-USDT0.042880.0100pay 0.0050% / 4h1h 14m$6.5M
ShortKuCoin WCTUSDTM0.042910.0100get 0.0050% / 4h1h 14m$130K$31K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.070% → +0.025%
$4.54
Slippage, 4 orders
−$591.51
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$608.97
Costs to cover
6.135%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 74 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, 2 min ago8.15 bp28.2 bp −$28107.4 bp −$1,074713.7 bp −$71.4K1126.7 bp −$563.4K
Sell KuCoin live order book, 74 min ago15.39 bp300.3 bp −$300doesn't fitdoesn'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
BloFin WCT-USDT+0.0099%4h0.04294+0.140%$100K$5K50xas long as short
Hyperliquid WCT+0.0100%1h0.04297+0.219%$198K$267K3xas long as short
Binance WCTUSDT+0.0100%4h0.04292+0.093%$2.0M$2.6M25xas long as short
Bybit WCTUSDT+0.0100%4h0.04289+0.023%$898K$528K25xas long as short
OKX WCT-USDT-SWAP+0.0100%4h0.04291+0.070%$395K$641K20xas long as short
Gate WCT_USDT+0.0100%8h0.04290+0.047%$106K$48K25xas long as short
MEXC WCT_USDT+0.0100%4h0.04292+0.093%$482K$139K50xas long as short
KuCoin WCTUSDTMshort+0.0100%4h0.04291+0.070%$130K$31K25x
Bitget WCTUSDT+0.0100%4h0.04296+0.187%$429K$341K25xas long as short
BingX WCT-USDTlong+0.0100%4h0.04288long leg$6.5M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni WCT+0.0100%4h0.04293+0.109%$8K$2Kas long as short