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

WET

all WET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%
Price spread now: BingX against Binance−0.286%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1181.177% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.074%+$7 on $10k
Price spread, last 7 days+0.249%+$25 · spread now −0.286%, 7d avg −0.047%
Together, before fees+0.323%+$32 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: BingX is 0.239% cheaper against Binance than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance WETUSDT0.065020.0100pay 0.0050% / 4h6m 28s$1.1M$840K50x
ShortBingX WET-USDT0.064830.0100get 0.0050% / 4h6m 28s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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: −0.286% → −0.047%
−$23.89
Slippage, 4 orders
−$97.66
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$141.55
Costs to cover
1.177%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; BingX: live order book, 4 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 Binance live order book, 11 min ago3.85 bp27.8 bp −$28214.5 bp −$2,145doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago6.16 bp30.3 bp −$3091.3 bp −$9131001.1 bp −$100.1K1391.9 bp −$695.9K

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
BloFin WET-USDT+0.0089%4h0.06491−0.163%$69K$6K50xas long as short
Binance WETUSDTlong+0.0100%4h0.06502long leg$1.1M$840K50x
Bybit WETUSDT+0.0100%4h0.06491−0.163%$1.4M$176K50xas long as short
OKX WET-USDT-SWAP+0.0100%4h0.06496−0.086%$664K$145K20xas long as short
Gate WET_USDT+0.0100%8h0.06502+0.006%$977K$20K50xas long as short
MEXC WET_USDT+0.0100%4h0.06499−0.040%$166K$84K50xas long as short
KuCoin WETUSDTM+0.0100%4h0.06494−0.117%$679K$677K50xas long as short
Bitget WETUSDT+0.0100%4h0.06491−0.163%$566K$21K25xas long as short
BingX WET-USDTshort+0.0100%4h0.06483−0.286%$6.5M
Aster WETUSDT+0.0553%4h0.06496−0.086%$13K$29K5xas long as short