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

WCT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0051%/8h= −5.6% APRpaid last 24h −0.001%
Price spread now: BloFin against Hyperliquid−0.026%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.026% cheaper against Hyperliquid than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid WCT0.042180.0100pay 0.0013% / 1h40m 44s$191K$227K3x
ShortBloFin WCT-USDT0.042170.0049get 0.0025% / 4h2h 40m$98K$5K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$10.65
Price spread: −0.026% → 0.000%
−$2.61
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$34.26
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 29 min ago; BloFin: no order-book sample. Net counts fees only.

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, 29 min ago3.87 bp45.4 bp −$45doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bybit WCTUSDT+0.0016%4h0.04204−0.334%$857K$459K25xas long as short
BloFin WCT-USDTshort+0.0049%4h0.04217−0.026%$98K$5K50x
Hyperliquid WCTlong+0.0100%1h0.04218long leg$191K$227K3x
Binance WCTUSDT+0.0100%4h0.04210−0.195%$2.0M$2.5M25xas long as short
OKX WCT-USDT-SWAP+0.0100%4h0.04204−0.334%$382K$533K20xas long as short
Gate WCT_USDT+0.0100%8h0.04216−0.050%$103K$46K25xas long as short
MEXC WCT_USDT+0.0100%4h0.04215−0.073%$431K$139K50xas long as short
KuCoin WCTUSDTM+0.0100%4h0.04208−0.239%$128K$30K25xas long as short
Bitget WCTUSDT+0.0100%4h0.04217−0.026%$382K$356K25xas long as short
BingX WCT-USDT+0.0100%4h0.04212−0.145%$6.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni WCT+0.0100%4h0.04207−0.267%$7K$853as long as short