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

WCT

all WCT markets
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: MEXC against OKX+0.024%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$980.981% 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)+0.335%+$33 · spread now +0.024%, 7d avg +0.080%
Together, before fees+0.337%+$34 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: MEXC is 0.057% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX WCT-USDT-SWAP0.042540.0100pay 0.0050% / 4h26m 04s$388K$623K20x
ShortMEXC WCT_USDT0.042550.0100get 0.0050% / 4h26m 04s$432K$142K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.024% → +0.080%
−$5.67
Slippage, 4 orders
−$84.15
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$103.82
Costs to cover
0.981%
Break-even
never at this rate
Slippage from OKX: live order book, 30 min ago; MEXC: live order book, 15 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, 30 min ago7.08 bp37.7 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 15 min ago2.36 bp9.6 bp −$1080.5 bp −$805289.7 bp −$29.0K440.9 bp −$220.5K

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
BloFin WCT-USDT+0.0093%4h0.04250−0.094%$97K$5K50xas long as short
Hyperliquid WCT+0.0100%1h0.04263+0.223%$197K$270K3xas long as short
Binance WCTUSDT+0.0100%4h0.04258+0.094%$2.0M$2.7M25xas long as short
Bybit WCTUSDT+0.0100%4h0.042540.000%$881K$541K25xas long as short
OKX WCT-USDT-SWAPlong+0.0100%4h0.04254long leg$388K$623K20x
Gate WCT_USDT+0.0100%8h0.042540.000%$104K$45K25xas long as short
MEXC WCT_USDTshort+0.0100%4h0.04255+0.024%$432K$142K50x
KuCoin WCTUSDTM+0.0100%4h0.04258+0.094%$129K$32K25xas long as short
Bitget WCTUSDT+0.0100%4h0.04257+0.071%$397K$379K25xas long as short
BingX WCT-USDT+0.0100%4h0.04258+0.094%$6.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni WCT+0.0100%4h0.04251−0.077%$7K$2Kas long as short