Funding you earn now, next payment 08:00 UTC+0.0047%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h +0.028%
Price spread now: Bitget against Bybit+0.140%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1281.282% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 4 days (all we have)+0.300%+$30 · spread now +0.140%, 7d avg +0.100%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.040% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.100%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WCTUSDT | 0.04282 | 0.0053 | pay 0.0026% / 4h | 3h 32m | $878K | $545K | 25x |
| Short | Bitget WCTUSDT | 0.04288 | 0.0100 | get 0.0050% / 4h | 3h 32m | $394K | $370K | 25x |
Bybit WCTUSDT
Bitget WCTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $9.96
- Price spread: +0.140% → +0.100%
- $3.99
- Slippage, 4 orders
- −$105.22
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$114.27
- Costs to cover
- 1.282%
- Break-even
- 87.3 days
Slippage from Bybit: live order book, 17 min ago; Bitget: live order book, 13 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, 17 min ago | 5.82 bp | 39.6 bp −$40 | 76.0 bp −$760 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 13 min ago | 10.50 bp | 29.1 bp −$29 | 261.6 bp −$2,616 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit WCTUSDTlong | +0.0053% | 4h | 0.04282 | long leg | $878K | $545K | 25x | |
| BloFin WCT-USDT | +0.0053% | 4h | 0.04288 | +0.140% | $99K | $5K | 50x | as long as short |
| Hyperliquid WCT | +0.0100% | 1h | 0.04292 | +0.222% | $198K | $270K | 3x | as long as short |
| Binance WCTUSDT | +0.0100% | 4h | 0.04286 | +0.102% | $2.0M | $2.7M | 25x | as long as short |
| OKX WCT-USDT-SWAP | +0.0100% | 4h | 0.04281 | −0.023% | $390K | $602K | 20x | as long as short |
| Gate WCT_USDT | +0.0100% | 8h | 0.04289 | +0.163% | $105K | $46K | 25x | as long as short |
| MEXC WCT_USDT | +0.0100% | 4h | 0.04286 | +0.093% | $439K | $141K | 50x | as long as short |
| KuCoin WCTUSDTM | +0.0100% | 4h | 0.04285 | +0.070% | $130K | $31K | 25x | as long as short |
| Bitget WCTUSDTshort | +0.0100% | 4h | 0.04288 | +0.140% | $394K | $370K | 25x | |
| BingX WCT-USDT | +0.0100% | 4h | 0.04286 | +0.093% | — | $6.5M | — | as long as short |
BloFin WCT-USDT
Hyperliquid WCT
Binance WCTUSDT
OKX WCT-USDT-SWAP
Gate WCT_USDT
MEXC WCT_USDT
KuCoin WCTUSDTM
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 | 0.04275 | −0.169% | $8K | $2K | — | as long as short |
Variational Omni WCT