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 −0.005%
Price spread now: MEXC against BingX−0.014%7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1351.349% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.073%−$7 on $10k
Price spread, last 4 days (all we have)+0.105%+$10 · spread now −0.014%, 7d avg +0.073%
Together, before fees+0.032%+$3 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 0.088% cheaper against BingX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX WET-USDT0.069390.0100pay 0.0050% / 4h2h 18m$6.6M
ShortMEXC WET_USDT0.069380.0100get 0.0050% / 4h2h 18m$163K$177K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.014% → +0.073%
−$8.77
Slippage, 4 orders
−$120.85
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$143.62
Costs to cover
1.349%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; MEXC: live order book, 2 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, 4 min ago10.88 bp30.5 bp −$30121.8 bp −$1,218741.6 bp −$74.2K1119.5 bp −$559.7K
Sell MEXC live order book, 2 min ago0.72 bp40.5 bp −$41103.0 bp −$1,030328.6 bp −$32.9Kdoesn'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+0.0055%4h0.06926−0.187%$81K$11K50xas long as short
Aster WETUSDT+0.0100%4h0.06895−0.629%$15K$32K5xas long as short
Binance WETUSDT+0.0100%4h0.06939−0.005%$1.3M$6.0M50xas long as short
Bybit WETUSDT+0.0100%4h0.06932−0.101%$1.5M$1.8M50xas long as short
OKX WET-USDT-SWAP+0.0100%4h0.06946+0.101%$746K$4.4M20xas long as short
MEXC WET_USDTshort+0.0100%4h0.06938−0.014%$163K$177K50x
KuCoin WETUSDTM+0.0100%4h0.06938−0.014%$648K$746K50xas long as short
BingX WET-USDTlong+0.0100%4h0.06939long leg$6.6M
Bitget WETUSDT+0.0164%4h0.06942+0.043%$643K$259K25xas long as short
Gate WET_USDT+0.0185%8h0.06951+0.173%$1.0M$100K50xas long as short