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 −0.051%
Price spread now: OKX against BingX−0.342%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1361.357% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.466%−$47 on $10k
Price spread, last 7 days+0.348%+$35 · spread now −0.342%, 7d avg −0.065%
Together, before fees−0.117%−$12 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: OKX is 0.278% cheaper against BingX than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX WET-USDT0.070080.0100pay 0.0050% / 4h3h 58m$6.6M
ShortOKX WET-USDT-SWAP0.069840.0100get 0.0050% / 4h3h 58m$808K$3.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.342% → −0.065%
−$27.78
Slippage, 4 orders
−$115.73
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$163.5
Costs to cover
1.357%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; OKX: live order book, 4 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 ago7.75 bp31.6 bp −$32105.8 bp −$1,058985.9 bp −$98.6K1326.2 bp −$663.1K
Sell OKX live order book, 4 min ago4.23 bp30.6 bp −$31doesn'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
BloFin WET-USDT+0.0077%4h0.07081+1.042%$88K$11K50xas long as short
Binance WETUSDT+0.0100%4h0.06990−0.259%$1.4M$5.5M50xas long as short
Bybit WETUSDT+0.0100%4h0.06983−0.357%$1.5M$1.6M50xas long as short
OKX WET-USDT-SWAPshort+0.0100%4h0.06984−0.342%$808K$3.9M20x
Gate WET_USDT+0.0100%8h0.07039+0.442%$1.1M$83K50xas long as short
MEXC WET_USDT+0.0100%4h0.07013+0.071%$155K$170K50xas long as short
KuCoin WETUSDTM+0.0100%4h0.07033+0.357%$679K$740K50xas long as short
Bitget WETUSDT+0.0100%4h0.07018+0.143%$638K$228K25xas long as short
BingX WET-USDTlong+0.0100%4h0.07008long leg$6.6M
Aster WETUSDT+0.0326%4h0.07054+0.657%$16K$35K5xas long as short