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

WET

all WET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.1086%/8h= −118.9% APRnext payment $5.43 per $10,000 · paid last 24h −0.125%
Price spread now: BloFin against Aster−0.130%82s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and BloFin is 0.130% cheaper against Aster than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster WETUSDT0.074520.1210pay 0.0605% / 4h1h 42m$14K$34K5x
ShortBloFin WET-USDT0.074420.0124get 0.0062% / 4h1h 42m$88K$10K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
−$227.97
Price spread: −0.130% → 0.000%
−$13.03
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$261
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; 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 Aster no order-book sample
Sell BloFin no order-book sample
Aster and 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.

WET 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
Bybit WETUSDT+0.0100%4h0.07473+0.286%$1.7M$1.2M50xas long as short
OKX WET-USDT-SWAP+0.0100%4h0.07494+0.568%$904K$2.5M20xas long as short
Gate WET_USDT+0.0100%8h0.07494+0.568%$1.1M$72K50xas long as short
KuCoin WETUSDTM+0.0100%4h0.07481+0.393%$739K$725K50xas long as short
Bitget WETUSDT+0.0100%4h0.07474+0.299%$616K$158K25xas long as short
BloFin WET-USDTshort+0.0124%4h0.07442−0.130%$88K$10K50x
BingX WET-USDT+0.0384%4h0.07487+0.474%$6.6Mas long as short
Binance WETUSDT+0.0391%4h0.07486+0.460%$1.6M$4.1M50xas long as short
MEXC WET_USDT+0.0394%4h0.07494+0.568%$223K$142K50xas long as short
Aster WETUSDTlong+0.1210%4h0.07452long leg$14K$34K5x