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

WET

all WET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0051%/8h= −5.6% APRnext payment $0.26 per $10,000 · paid last 24h −0.003%
Price spread now: Bybit against BloFin+0.407%7-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+0.001%$0 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. Bybit is 0.407% dearer against BloFin than usual: you sell high and buy low (spread +0.407% now, against zero (this spread has no 7-day history yet)): +$41 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 26 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WET-USDT0.068870.0151pay 0.0076% / 4h2h 20m$80K$11K50x
ShortBybit WETUSDT0.069150.0100get 0.0050% / 4h2h 20m$1.5M$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$10.8
Price spread: +0.407% → 0.000%
$40.66
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$6.85
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: BloFin: no order-book sample; Bybit: live order book, 6 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 Bybit live order book, 6 min ago3.67 bp75.5 bp −$75566.1 bp −$5,661doesn'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
Aster WETUSDT+0.0100%4h0.06884−0.042%$15K$32K5xas long as short
Binance WETUSDT+0.0100%4h0.06926+0.569%$1.3M$6.0M50xas long as short
Bybit WETUSDTshort+0.0100%4h0.06915+0.407%$1.5M$1.8M50x
OKX WET-USDT-SWAP+0.0100%4h0.06925+0.552%$748K$4.3M20xas long as short
MEXC WET_USDT+0.0100%4h0.06905+0.261%$163K$177K50xas long as short
KuCoin WETUSDTM+0.0100%4h0.06896+0.131%$645K$746K50xas long as short
Bitget WETUSDT+0.0100%4h0.06919+0.465%$641K$259K25xas long as short
BingX WET-USDT+0.0100%4h0.06912+0.363%$6.6Mas long as short
Gate WET_USDT+0.0146%8h0.06885−0.029%$1.0M$100K50xas long as short
BloFin WET-USDTlong+0.0151%4h0.06887long leg$80K$11K50x