Funding you earn now, next payment 08:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h +0.028%
Price spread now: Gate against Bybit+0.285%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$691as in the Funding arb table
Net, price: spread back to 7d avg − costs−$676as in the Price arb table
costs, in and out, $10k−$6986.980% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now +0.285%, 7d avg +0.069%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 0.217% dearer against Bybit than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.069%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WCTUSDT | 0.04204 | 0.0016 | pay 0.0008% / 4h | 2h 40m | $857K | $459K | 25x |
| Short | Gate WCT_USDT | 0.04216 | 0.0100 | get 0.0100% / 8h | 2h 40m | $103K | $46K | 25x |
Bybit WCTUSDT
Gate WCT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $17.74
- Price spread: +0.285% → +0.069%
- $21.65
- Slippage, 4 orders
- −$672.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$658.66
- Costs to cover
- 6.980%
- Break-even
- 266.9 days
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 64 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, 4 min ago | 5.90 bp | 38.3 bp −$38 | 67.9 bp −$679 | doesn't fit | doesn't fit |
| Sell Gate live order book, 64 min ago | 19.83 bp | 191.6 bp −$192 | doesn't fit | 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 | +0.0016% | 4h | 0.04204 | long leg | $857K | $459K | 25x | |
| BloFin WCT-USDT | +0.0049% | 4h | 0.04217 | +0.309% | $98K | $5K | 50x | as long as short |
| Hyperliquid WCT | +0.0100% | 1h | 0.04218 | +0.335% | $191K | $227K | 3x | as long as short |
| Binance WCTUSDT | +0.0100% | 4h | 0.04210 | +0.140% | $2.0M | $2.5M | 25x | as long as short |
| OKX WCT-USDT-SWAP | +0.0100% | 4h | 0.04204 | 0.000% | $382K | $533K | 20x | as long as short |
| Gate WCT_USDTshort | +0.0100% | 8h | 0.04216 | +0.285% | $103K | $46K | 25x | |
| MEXC WCT_USDT | +0.0100% | 4h | 0.04215 | +0.262% | $431K | $139K | 50x | as long as short |
| KuCoin WCTUSDTM | +0.0100% | 4h | 0.04208 | +0.095% | $128K | $30K | 25x | as long as short |
| Bitget WCTUSDT | +0.0100% | 4h | 0.04217 | +0.309% | $382K | $356K | 25x | as long as short |
| BingX WCT-USDT | +0.0100% | 4h | 0.04212 | +0.190% | — | $6.5M | — | as long as short |
BloFin WCT-USDT
Hyperliquid WCT
Binance WCTUSDT
OKX WCT-USDT-SWAP
MEXC WCT_USDT
KuCoin WCTUSDTM
Bitget WCTUSDT
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 | 0.04207 | +0.068% | $7K | $853 | — | as long as short |
Variational Omni WCT