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

WET

All WET markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BinanceWETUSDT
0.04910+0.0629pay 0.0314% / 4h3h 58m$1.2M$1.0M25xLong Binance
SHORT
BingXWET-USDT
0.04910+0.0070get 0.0035% / 4h3h 58m$539K$731K—Short BingX
Price gap−0.010%
Funding gap−0.0559% /8h

Funding costs $17 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$1−0.0559% /8h now · paid −0.007% over the last 7D
Price−$1spread −0.010% now, avg −0.004% → −0.006% if it goes back
Costs−$1181.183% of $10k · taker + slippage, in and out
Result−$120−1.20%no points

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.007% in total, about −0.0003%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.010%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

WET on 11 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size29.3 / 28.2 bp
    At $10k entering Binance costs 29.3 bp, fee and slippage, 1.0× BingX’s.
  • Note: Margin at max leverage$400 + —
    Binance 25x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$16.76Long Binance: 6 payments, −$18.86; short BingX: 6 payments, +$2.10.
  • Note: Gap at its usual level−0.010% vs −0.004%
    The price leg adds little either way.
  • Watch: Short leg is thinner$539K vs $1.2M OI
    BingX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Yes · BingX Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0003%/8h × 21 periods−$0.67
Price spread−0.010% → −0.004% (7d avg)−$0.59
Slippage, 4 orderslive order books−$98.31
Fee Binance bp × 2 orders−$10.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$119.58
Costs to cover1.183%Break-evennever at this rate
Slippage: Binance: live order book, 10 min ago; BingX: live order book, 13 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance1.0129.3 bp−$29725.0 bp−$7,250doesn’t fitdoesn’t fit
SELL · SHORTBingX5.0728.2 bp−$28122.8 bp−$1,228doesn’t fitdoesn’t fit

Closing costs about the same again.

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