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

WET

all WET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.09 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against Bitget−0.173%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.116%−$12 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.173% cheaper against Bitget than usual: you would sell low and buy high (spread −0.173% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 33 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.116%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget WETUSDT0.069520.0100pay 0.0050% / 4h3h 39m$645K$269K25x
ShortBloFin WET-USDT0.069400.0117get 0.0059% / 4h3h 39m$77K$11K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$3.66
Price spread: −0.173% → 0.000%
−$17.26
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$37.6
Costs to cover
0.240%
Break-even
79.0 days
Slippage unknown: Bitget: live order book, 56 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 56 min ago7.98 bp28.4 bp −$28305.4 bp −$3,054doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster WETUSDT+0.0100%4h0.06940−0.176%$15K$32K5xas long as short
Binance WETUSDT+0.0100%4h0.06949−0.041%$1.3M$6.4M50xas long as short
Bybit WETUSDT+0.0100%4h0.06940−0.173%$1.5M$1.9M50xas long as short
OKX WET-USDT-SWAP+0.0100%4h0.06949−0.043%$715K$4.6M20xas long as short
Gate WET_USDT+0.0100%8h0.06946−0.086%$1.0M$104K50xas long as short
MEXC WET_USDT+0.0100%4h0.06945−0.101%$160K$182K50xas long as short
KuCoin WETUSDTM+0.0100%4h0.06940−0.173%$638K$741K50xas long as short
Bitget WETUSDTlong+0.0100%4h0.06952long leg$645K$269K25x
BingX WET-USDT+0.0100%4h0.06938−0.201%$6.7Mas long as short
BloFin WET-USDTshort+0.0117%4h0.06940−0.173%$77K$11K50x