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

WCT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX+0.093%7-day average +0.115% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1331.328% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.571%+$57 · spread now +0.093%, 7d avg +0.115%
Together, before fees+0.573%+$57 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.022% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.115%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX WCT-USDT-SWAP0.042970.0100pay 0.0050% / 4h1h 17m$396K$641K20x
ShortBitget WCTUSDT0.043010.0100get 0.0050% / 4h1h 17m$429K$341K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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: +0.093% → +0.115%
−$2.23
Slippage, 4 orders
−$110.83
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$135.06
Costs to cover
1.328%
Break-even
never at this rate
Slippage from OKX: live order book, 43 min ago; Bitget: live order book, 38 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 OKX live order book, 43 min ago7.10 bp44.4 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 38 min ago9.43 bp23.7 bp −$24242.7 bp −$2,427doesn'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 WCT+0.0100%1h0.04304+0.172%$198K$267K3xas long as short
Binance WCTUSDT+0.0100%4h0.04295−0.047%$2.0M$2.6M25xas long as short
Bybit WCTUSDT+0.0100%4h0.04292−0.116%$898K$527K25xas long as short
OKX WCT-USDT-SWAPlong+0.0100%4h0.04297long leg$396K$641K20x
Gate WCT_USDT+0.0100%8h0.04291−0.140%$106K$48K25xas long as short
MEXC WCT_USDT+0.0100%4h0.04296−0.023%$444K$135K50xas long as short
KuCoin WCTUSDTM+0.0100%4h0.04294−0.070%$130K$31K25xas long as short
Bitget WCTUSDTshort+0.0100%4h0.04301+0.093%$429K$341K25x
BingX WCT-USDT+0.0100%4h0.04295−0.047%$6.5Mas long as short
Variational Omni WCT+0.0100%4h0.04282−0.356%$8K$2Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin WCT-USDT+0.0159%4h0.04289−0.186%$99K$5K50xas long as short