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

WET

all WET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.057%
Price spread now: BingX against BloFin+0.046%51s7-day average · you sell dearer than you buy
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+0.459%+$46 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.046% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WET-USDT0.065180.0072pay 0.0036% / 4h0m 14s$69K$6K50x
ShortBingX WET-USDT0.065210.0100get 0.0050% / 4h0m 14s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$5.84
Price spread: +0.046% → 0.000%
$4.6
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$11.56
Costs to cover
0.220%
Break-even
20.8 days
Slippage unknown: BloFin: no order-book sample; BingX: live order book, 10 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 BingX live order book, 10 min ago6.16 bp30.3 bp −$3091.3 bp −$9131001.1 bp −$100.1K1391.9 bp −$695.9K
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+0.0072%4h0.06518long leg$69K$6K50x
Binance WETUSDT+0.0100%4h0.06533+0.223%$1.1M$840K50xas long as short
Bybit WETUSDT+0.0100%4h0.065180.000%$1.4M$177K50xas long as short
OKX WET-USDT-SWAP+0.0100%4h0.06515−0.046%$666K$145K20xas long as short
Gate WET_USDT+0.0100%8h0.06531+0.199%$982K$20K50xas long as short
MEXC WET_USDT+0.0100%4h0.06532+0.215%$166K$85K50xas long as short
KuCoin WETUSDTM+0.0100%4h0.06513−0.077%$683K$676K50xas long as short
Bitget WETUSDT+0.0100%4h0.06510−0.123%$568K$21K25xas long as short
BingX WET-USDTshort+0.0100%4h0.06521+0.046%$6.5M
Aster WETUSDT+0.0638%4h0.06496−0.338%$13K$29K5xas long as short