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−0.0024%/8h= −2.7% APRnext payment $0.12 per $10,000 · paid last 24h +0.004%
Price spread now: Bitget against BloFin+0.376%115s7-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+0.118%+$12 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Bitget is 0.376% dearer against BloFin than usual: you sell high and buy low (spread +0.376% now, against zero (this spread has no 7-day history yet)): +$38 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 52 days. Mind the row above: over the last 7 days funding on this pair paid +0.118%, so the current rate has only just turned against you. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WET-USDT0.074420.0124pay 0.0062% / 4h1h 41m$88K$10K50x
ShortBitget WETUSDT0.074700.0100get 0.0050% / 4h1h 41m$616K$158K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$5.09
Price spread: +0.376% → 0.000%
$37.62
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
$8.53
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: BloFin: no order-book sample; Bitget: live order book, 19 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 Bitget live order book, 19 min ago6.83 bp116.7 bp −$117561.3 bp −$5,613doesn'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
Bybit WETUSDT+0.0100%4h0.07463+0.282%$1.7M$1.2M50xas long as short
OKX WET-USDT-SWAP+0.0100%4h0.07467+0.336%$908K$2.5M20xas long as short
Gate WET_USDT+0.0100%8h0.07488+0.618%$1.1M$72K50xas long as short
KuCoin WETUSDTM+0.0100%4h0.07489+0.632%$742K$724K50xas long as short
Bitget WETUSDTshort+0.0100%4h0.07470+0.376%$616K$158K25x
BloFin WET-USDTlong+0.0124%4h0.07442long leg$88K$10K50x
BingX WET-USDT+0.0384%4h0.07478+0.484%$6.6Mas long as short
MEXC WET_USDT+0.0390%4h0.07480+0.511%$222K$142K50xas long as short
Binance WETUSDT+0.0398%4h0.07461+0.255%$1.6M$4.1M50xas long as short
Aster WETUSDT+0.1211%4h0.07473+0.415%$14K$34K5xas long as short