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

WET

all WET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0236%/8h= +25.8% APRnext payment +$1.18 per $10,000 · paid last 24h +0.041%
Price spread now: Binance against BloFin−0.306%61s7-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+0.388%+$39 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. Binance is 0.306% cheaper against BloFin than usual: you would sell low and buy high (spread −0.306% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$31 on $10k: about 4.3 days of funding at the current rate (+$7 a day). The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WET-USDT0.068760.0060pay 0.0030% / 4h3h 12m$74K$7K50x
ShortBinance WETUSDT0.068550.0296get 0.0148% / 4h3h 12m$1.2M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
$49.57
Price spread: −0.306% → 0.000%
−$30.57
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$3
Costs to cover
0.220%
Break-even
7.4 days
Slippage unknown: BloFin: no order-book sample; Binance: live order book, 5 min ago. 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 BloFin no order-book sample
Sell Binance live order book, 5 min ago7.27 bp32.3 bp −$32192.3 bp −$1,923doesn't fitdoesn't fit
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
BloFin WET-USDTlong+0.0060%4h0.06876long leg$74K$7K50x
Bybit WETUSDT+0.0100%4h0.06849−0.393%$1.5M$406K50xas long as short
OKX WET-USDT-SWAP+0.0100%4h0.06845−0.451%$701K$376K20xas long as short
Gate WET_USDT+0.0100%8h0.06878+0.029%$1.0M$29K50xas long as short
KuCoin WETUSDTM+0.0100%4h0.06862−0.204%$714K$688K50xas long as short
Bitget WETUSDT+0.0100%4h0.06863−0.189%$583K$81K25xas long as short
BingX WET-USDT+0.0292%4h0.06860−0.233%$6.5Mas long as short
MEXC WET_USDT+0.0294%4h0.06873−0.044%$163K$87K50xas long as short
Binance WETUSDTshort+0.0296%4h0.06855−0.306%$1.2M$1.4M50x
Aster WETUSDT+0.1214%4h0.06861−0.219%$14K$30K5xas long as short