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

WET

all WET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Binance−0.071%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1311.308% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.223%+$22 · spread now −0.071%, 7d avg +0.005%
Together, before fees+0.224%+$22 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: MEXC is 0.076% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance WETUSDT0.070040.0100pay 0.0050% / 4h3h 55m$1.4M$5.5M50x
ShortMEXC WET_USDT0.069990.0100get 0.0050% / 4h3h 55m$172K$172K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.071% → +0.005%
−$7.63
Slippage, 4 orders
−$116.83
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$138.46
Costs to cover
1.308%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 35 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, 12 min ago4.28 bp29.5 bp −$29188.9 bp −$1,889doesn't fitdoesn't fit
Sell MEXC live order book, 35 min ago0.70 bp39.5 bp −$4094.4 bp −$944404.2 bp −$40.4Kdoesn'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
BloFin WET-USDT+0.0040%4h0.06994−0.143%$86K$11K50xas long as short
Binance WETUSDTlong+0.0100%4h0.07004long leg$1.4M$5.5M50x
Bybit WETUSDT+0.0100%4h0.06989−0.214%$1.6M$1.6M50xas long as short
OKX WET-USDT-SWAP+0.0100%4h0.07002−0.029%$804K$4.0M20xas long as short
Gate WET_USDT+0.0100%8h0.06993−0.157%$1.0M$84K50xas long as short
MEXC WET_USDTshort+0.0100%4h0.06999−0.071%$172K$172K50x
KuCoin WETUSDTM+0.0100%4h0.06987−0.243%$676K$741K50xas long as short
Bitget WETUSDT+0.0100%4h0.06997−0.100%$635K$229K25xas long as short
BingX WET-USDT+0.0100%4h0.06987−0.243%$6.6Mas long as short
Aster WETUSDT+0.0279%4h0.06978−0.365%$16K$35K5xas long as short