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−0.0013%/8h= −1.5% APRpaid last 24h −0.003%
Price spread now: Gate against BloFin+0.219%63s7-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+0.029%+$3 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. Gate is 0.219% dearer against BloFin than usual: you sell high and buy low (spread +0.219% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 54 days. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WET-USDT0.068530.0146pay 0.0073% / 4h2h 38m$83K$11K50x
ShortGate WET_USDT0.068680.0133get 0.0133% / 8h2h 38m$1.0M$99K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$2.82
Price spread: +0.219% → 0.000%
$21.89
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$7.93
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago6.54 bp310.8 bp −$311doesn't fitdoesn'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%4h0.06855+0.027%$15K$31K5xas long as short
Binance WETUSDT+0.0100%4h0.06857+0.058%$1.3M$5.9M50xas long as short
Bybit WETUSDT+0.0100%4h0.068530.000%$1.5M$1.7M50xas long as short
OKX WET-USDT-SWAP+0.0100%4h0.06865+0.175%$735K$4.2M20xas long as short
MEXC WET_USDT+0.0100%4h0.06856+0.044%$167K$175K50xas long as short
KuCoin WETUSDTM+0.0100%4h0.06857+0.058%$655K$743K50xas long as short
Bitget WETUSDT+0.0100%4h0.06865+0.175%$635K$254K25xas long as short
BingX WET-USDT+0.0100%4h0.06857+0.058%$6.6Mas long as short
Gate WET_USDTshort+0.0133%8h0.06868+0.219%$1.0M$99K50x
BloFin WET-USDTlong+0.0146%4h0.06853long leg$83K$11K50x