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

WET

all WET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.002%
Price spread now: KuCoin against BloFin+0.245%50s7-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+0.011%+$1 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 $0 a day on $10k at the current rate, and KuCoin is 0.245% dearer against BloFin than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WET-USDT0.069480.0086pay 0.0043% / 4h3h 44m$77K$11K50x
ShortKuCoin WETUSDTM0.069650.0100get 0.0050% / 4h3h 44m$640K$742K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$2.93
Price spread: +0.245% → 0.000%
$24.47
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$3.4
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: BloFin: no order-book sample; KuCoin: 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 KuCoin live order book, 10 min ago10.10 bp287.3 bp −$287doesn'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
BloFin WET-USDTlong+0.0086%4h0.06948long leg$77K$11K50x
Aster WETUSDT+0.0100%4h0.06959+0.161%$15K$32K5xas long as short
Binance WETUSDT+0.0100%4h0.06958+0.150%$1.3M$6.4M50xas long as short
Bybit WETUSDT+0.0100%4h0.06956+0.115%$1.5M$1.9M50xas long as short
OKX WET-USDT-SWAP+0.0100%4h0.06956+0.115%$723K$4.6M20xas long as short
MEXC WET_USDT+0.0100%4h0.06963+0.216%$160K$181K50xas long as short
KuCoin WETUSDTMshort+0.0100%4h0.06965+0.245%$640K$742K50x
Bitget WETUSDT+0.0100%4h0.06956+0.115%$646K$269K25xas long as short
BingX WET-USDT+0.0100%4h0.06962+0.201%$6.7Mas long as short
Gate WET_USDT+0.0248%8h0.06967+0.273%$1.0M$104K50xas long as short