Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.029%
Price spread now: Binance against Bybit+0.047%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1201.196% of the position
Funding, last 7 days+0.085%+$9 on $10k
+Price spread, last 4 days (all we have)+0.069%+$7 · spread now +0.047%, 7d avg +0.063%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WCTUSDT | 0.04229 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $887K | $512K | 25x |
| Short | Binance WCTUSDT | 0.04231 | 0.0100 | get 0.0050% / 4h | 2h 07m | $2.0M | $2.5M | 25x |
Bybit WCTUSDT
Binance WCTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: +0.047% → +0.063%
- −$1.6
- Slippage, 4 orders
- −$98.58
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$121.18
- Costs to cover
- 1.196%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 57 min ago; Binance: live order book, 12 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 Bybit live order book, 57 min ago | 5.91 bp | 41.3 bp −$41 | 88.6 bp −$886 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.18 bp | 21.4 bp −$21 | 174.3 bp −$1,743 | doesn't fit | doesn't fit |
WCT on 10 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 | 0.04241 | +0.288% | $195K | $266K | 3x | as long as short |
| Binance WCTUSDTshort | +0.0100% | 4h | 0.04231 | +0.047% | $2.0M | $2.5M | 25x | |
| Bybit WCTUSDTlong | +0.0100% | 4h | 0.04229 | long leg | $887K | $512K | 25x | |
| OKX WCT-USDT-SWAP | +0.0100% | 4h | 0.04228 | −0.024% | $389K | $621K | 20x | as long as short |
| Gate WCT_USDT | +0.0100% | 8h | 0.04231 | +0.047% | $104K | $48K | 25x | as long as short |
| MEXC WCT_USDT | +0.0100% | 4h | 0.04234 | +0.118% | $420K | $132K | 50x | as long as short |
| KuCoin WCTUSDTM | +0.0100% | 4h | 0.04229 | 0.000% | $128K | $31K | 25x | as long as short |
| Bitget WCTUSDT | +0.0100% | 4h | 0.04238 | +0.213% | $424K | $340K | 25x | as long as short |
| BingX WCT-USDT | +0.0100% | 4h | 0.04226 | −0.071% | — | $6.5M | — | as long as short |
| Variational Omni WCT | +0.0100% | 4h | 0.04225 | −0.100% | $7K | $2K | — | as long as short |
Hyperliquid WCT
OKX WCT-USDT-SWAP
Gate WCT_USDT
MEXC WCT_USDT
KuCoin WCTUSDTM
Bitget WCTUSDT
BingX WCT-USDT
Variational Omni WCT