Settings8H · net · $10k
Funding arb · Price arb /

WCT

all WCT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid−0.096%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1931.931% 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)+0.085%+$8 · spread now −0.096%, 7d avg −0.080%
Together, before fees+0.085%+ Points / potential airdropHyperliquid: Season 2 · farm board+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid WCT0.042670.0100pay 0.0013% / 1h9m 03s$197K$270K3x
ShortBinance WCTUSDT0.042630.0100get 0.0050% / 4h3h 09m$2.0M$2.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Hyperliquid. 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: −0.096% → −0.080%
−$1.59
Slippage, 4 orders
−$174.06
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$194.64
Costs to cover
1.931%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 70 min ago; Binance: live order book, 11 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 Hyperliquid live order book, 70 min ago14.22 bp67.4 bp −$67doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago2.34 bp25.8 bp −$26179.9 bp −$1,799doesn'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
Hyperliquid WCTlong+0.0100%1h0.04267long leg$197K$270K3x
Binance WCTUSDTshort+0.0100%4h0.04263−0.096%$2.0M$2.6M25x
Bybit WCTUSDT+0.0100%4h0.04259−0.190%$870K$542K25xas long as short
OKX WCT-USDT-SWAP+0.0100%4h0.04257−0.237%$387K$581K20xas long as short
Gate WCT_USDT+0.0100%8h0.04276+0.209%$105K$46K25xas long as short
MEXC WCT_USDT+0.0100%4h0.04263−0.096%$436K$142K50xas long as short
KuCoin WCTUSDTM+0.0100%4h0.04269+0.045%$130K$30K25xas long as short
Bitget WCTUSDT+0.0100%4h0.04263−0.096%$387K$364K25xas long as short
BingX WCT-USDT+0.0100%4h0.04261−0.143%$6.5Mas long as short
Variational Omni WCT+0.0100%4h0.04262−0.126%$8K$2Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin WCT-USDT+0.0138%4h0.04265−0.049%$98K$5K50xas long as short