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: Binance against BingX+0.108%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as 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−0.070%−$7 · spread now +0.108%, 7d avg +0.047%
Together, before fees−0.144%−$14 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: Binance is 0.061% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX WET-USDT0.064930.0100pay 0.0050% / 4h8m 13s$6.5M
ShortBinance WETUSDT0.065000.0100get 0.0050% / 4h8m 13s$1.1M$840K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: +0.108% → +0.047%
$6.05
Slippage, 4 orders
−$97.66
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$111.6
Costs to cover
1.177%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 9 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 BingX live order book, 2 min ago6.16 bp30.2 bp −$30109.7 bp −$1,0971019.7 bp −$102.0K1304.1 bp −$652.1K
Sell Binance live order book, 9 min ago3.85 bp29.4 bp −$29161.8 bp −$1,618doesn'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
BloFin WET-USDT+0.0073%4h0.06486−0.108%$69K$6K50xas long as short
Binance WETUSDTshort+0.0100%4h0.06500+0.108%$1.1M$840K50x
Bybit WETUSDT+0.0100%4h0.06489−0.062%$1.4M$176K50xas long as short
OKX WET-USDT-SWAP+0.0100%4h0.06481−0.185%$659K$140K20xas long as short
Gate WET_USDT+0.0100%8h0.06502+0.139%$977K$20K50xas long as short
MEXC WET_USDT+0.0100%4h0.06502+0.139%$166K$84K50xas long as short
KuCoin WETUSDTM+0.0100%4h0.06492−0.015%$681K$678K50xas long as short
Bitget WETUSDT+0.0100%4h0.06491−0.031%$566K$21K25xas long as short
BingX WET-USDTlong+0.0100%4h0.06493long leg$6.5M
Aster WETUSDT+0.0563%4h0.06496+0.046%$13K$29K5xas long as short