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

WET

all WET markets
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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 −0.046%
Price spread now: KuCoin against Binance−0.169%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$618as in the Funding arb table
Net, price: spread back to 7d avg − costs−$590as in the Price arb table
costs, in and out, $10k−$5815.810% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.375%−$37 on $10k
Price spread, last 4 days (all we have)+0.209%+$21 · spread now −0.169%, 7d avg −0.083%
Together, before fees−0.166%−$17 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: KuCoin is 0.086% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.083%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance WETUSDT0.065610.0100pay 0.0050% / 4h3h 37m$1.1M$835K50x
ShortKuCoin WETUSDTM0.065500.0100get 0.0050% / 4h3h 37m$686K$674K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.169% → −0.083%
−$8.61
Slippage, 4 orders
−$558.95
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$589.56
Costs to cover
5.810%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 16 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, 10 min ago4.58 bp27.9 bp −$28224.3 bp −$2,243doesn't fitdoesn't fit
Sell KuCoin live order book, 16 min ago12.25 bp258.0 bp −$258doesn't fitdoesn't fitdoesn't fit

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
Binance WETUSDTlong+0.0100%4h0.06561long leg$1.1M$835K50x
Bybit WETUSDT+0.0100%4h0.06549−0.185%$1.4M$182K50xas long as short
OKX WET-USDT-SWAP+0.0100%4h0.06540−0.322%$669K$151K20xas long as short
MEXC WET_USDT+0.0100%4h0.06559−0.032%$167K$82K50xas long as short
KuCoin WETUSDTMshort+0.0100%4h0.06550−0.169%$686K$674K50x
Bitget WETUSDT+0.0100%4h0.06553−0.124%$572K$21K25xas long as short
BingX WET-USDT+0.0100%4h0.06552−0.139%$6.5Mas long as short
BloFin WET-USDT+0.0144%4h0.06551−0.154%$69K$6K50xas long as short
Gate WET_USDT+0.0543%8h0.06554−0.108%$985K$20K50xas long as short
Aster WETUSDT+0.0924%4h0.06560−0.017%$13K$29K5xas long as short