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−0.0346%/8h= −37.8% APRnext payment $1.73 per $10,000 · paid last 24h −0.040%
Price spread now: BloFin against Binance−0.466%101s7-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 7 days−0.387%−$39 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and BloFin is 0.466% cheaper against Binance than usual: you would sell low and buy high (−$47 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance WETUSDT0.075120.0407pay 0.0204% / 4h1h 39m$1.6M$4.1M50x
ShortBloFin WET-USDT0.074770.0062get 0.0031% / 4h1h 39m$95K$10K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$72.56
Price spread: −0.466% → 0.000%
−$46.59
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$141.15
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 11 min ago; 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 Binance live order book, 11 min ago4.01 bp25.2 bp −$25154.4 bp −$1,544doesn't fitdoesn't fit
Sell BloFin no order-book sample
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
BloFin WET-USDTshort+0.0062%4h0.07477−0.466%$95K$10K50x
Bybit WETUSDT+0.0100%4h0.07504−0.106%$1.7M$1.2M50xas long as short
OKX WET-USDT-SWAP+0.0100%4h0.07516+0.053%$906K$2.5M20xas long as short
Gate WET_USDT+0.0100%8h0.07510−0.027%$1.1M$72K50xas long as short
KuCoin WETUSDTM+0.0100%4h0.07509−0.040%$744K$724K50xas long as short
Bitget WETUSDT+0.0100%4h0.07499−0.173%$618K$158K25xas long as short
BingX WET-USDT+0.0384%4h0.07503−0.120%$6.6Mas long as short
MEXC WET_USDT+0.0398%4h0.07505−0.093%$222K$143K50xas long as short
Binance WETUSDTlong+0.0407%4h0.07512long leg$1.6M$4.1M50x
Aster WETUSDT+0.1215%4h0.07504−0.106%$15K$34K5xas long as short