Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.028%
Price spread now: Bybit against OKX+0.024%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1541.536% of the position
Funding, last 7 days−0.083%−$8 on $10k
+Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.024%, 7d avg +0.012%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX WCT-USDT-SWAP | 0.04251 | 0.0100 | pay 0.0050% / 4h | 28m 37s | $388K | $629K | 20x |
| Short | Bybit WCTUSDT | 0.04252 | 0.0100 | get 0.0050% / 4h | 28m 37s | $881K | $541K | 25x |
OKX WCT-USDT-SWAP
Bybit WCTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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
- $0
- Price spread: +0.024% → +0.012%
- $1.17
- Slippage, 4 orders
- −$132.6
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$152.43
- Costs to cover
- 1.536%
- Break-even
- never at this rate
Slippage from OKX: live order book, 27 min ago; Bybit: live order book, 27 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 OKX live order book, 27 min ago | 7.08 bp | 37.7 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 27 min ago | 5.90 bp | 33.9 bp −$34 | 73.4 bp −$734 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin WCT-USDT | +0.0084% | 4h | 0.04259 | +0.188% | $98K | $5K | 50x | as long as short |
| Hyperliquid WCT | +0.0100% | 1h | 0.04258 | +0.176% | $197K | $270K | 3x | as long as short |
| Binance WCTUSDT | +0.0100% | 4h | 0.04253 | +0.047% | $2.0M | $2.7M | 25x | as long as short |
| Bybit WCTUSDTshort | +0.0100% | 4h | 0.04252 | +0.024% | $881K | $541K | 25x | |
| OKX WCT-USDT-SWAPlong | +0.0100% | 4h | 0.04251 | long leg | $388K | $629K | 20x | |
| Gate WCT_USDT | +0.0100% | 8h | 0.04255 | +0.094% | $104K | $45K | 25x | as long as short |
| MEXC WCT_USDT | +0.0100% | 4h | 0.04255 | +0.094% | $432K | $142K | 50x | as long as short |
| KuCoin WCTUSDTM | +0.0100% | 4h | 0.04251 | 0.000% | $129K | $32K | 25x | as long as short |
| Bitget WCTUSDT | +0.0100% | 4h | 0.04251 | 0.000% | $396K | $379K | 25x | as long as short |
| BingX WCT-USDT | +0.0100% | 4h | 0.04255 | +0.094% | — | $6.5M | — | as long as short |
BloFin WCT-USDT
Hyperliquid WCT
Binance WCTUSDT
Gate WCT_USDT
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 | 0.04247 | −0.100% | $7K | $2K | — | as long as short |
Variational Omni WCT