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

WCT

all WCT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Hyperliquid−0.085%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$950.954% 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)+0.152%+$15 · spread now −0.085%, 7d avg −0.076%
Together, before fees+0.152%+ Points / potential airdropHyperliquid: Season 2 · farm board+$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid WCT0.042300.0100pay 0.0013% / 1h8m 50s$194K$266K3x
ShortMEXC WCT_USDT0.042260.0100get 0.0050% / 4h2h 08m$420K$132K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.085% → −0.076%
−$0.94
Slippage, 4 orders
−$82.39
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$96.33
Costs to cover
0.954%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 31 min ago; MEXC: live order book, 42 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, 31 min ago5.70 bp43.1 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 42 min ago3.56 bp9.0 bp −$986.8 bp −$868288.4 bp −$28.8K542.5 bp −$271.3K

WCT on 10 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%1h0.04230long leg$194K$266K3x
Binance WCTUSDT+0.0100%4h0.04226−0.075%$1.9M$2.5M25xas long as short
Bybit WCTUSDT+0.0100%4h0.04223−0.156%$886K$514K25xas long as short
OKX WCT-USDT-SWAP+0.0100%4h0.04226−0.085%$388K$624K20xas long as short
Gate WCT_USDT+0.0100%8h0.04230+0.009%$104K$48K25xas long as short
MEXC WCT_USDTshort+0.0100%4h0.04226−0.085%$420K$132K50x
KuCoin WCTUSDTM+0.0100%4h0.04224−0.132%$128K$31K25xas long as short
Bitget WCTUSDT+0.0100%4h0.04226−0.085%$422K$340K25xas long as short
BingX WCT-USDT+0.0100%4h0.04224−0.132%$6.5Mas long as short
Variational Omni WCT+0.0100%4h0.04225−0.114%$7K$2Kas long as short