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+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.043%
Price spread now: MEXC against BloFin+0.142%94s7-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+0.387%+$39 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 MEXC is 0.142% dearer against BloFin than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WET-USDT0.070440.0080pay 0.0040% / 4h2h 19m$78K$12K50x
ShortMEXC WET_USDT0.070540.0100get 0.0050% / 4h2h 19m$174K$189K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$4.25
Price spread: +0.142% → 0.000%
$14.2
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
$2.44
Costs to cover
0.160%
Break-even
3.0 days
Slippage unknown: BloFin: no order-book sample; MEXC: live order book, 24 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 MEXC live order book, 24 min ago0.71 bp21.1 bp −$2196.1 bp −$961368.6 bp −$36.9Kdoesn'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 exchanges

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+0.0080%4h0.07044long leg$78K$12K50x
Aster WETUSDT+0.0100%4h0.07041−0.043%$14K$33K5xas long as short
Binance WETUSDT+0.0100%4h0.07055+0.156%$1.3M$6.6M50xas long as short
Bybit WETUSDT+0.0100%4h0.07047+0.043%$1.5M$2.1M50xas long as short
OKX WET-USDT-SWAP+0.0100%4h0.07050+0.085%$708K$4.9M20xas long as short
Gate WET_USDT+0.0100%8h0.07043−0.014%$1.1M$108K50xas long as short
MEXC WET_USDTshort+0.0100%4h0.07054+0.142%$174K$189K50x
KuCoin WETUSDTM+0.0100%4h0.07056+0.170%$653K$739K50xas long as short
Bitget WETUSDT+0.0100%4h0.07047+0.043%$653K$295K25xas long as short
BingX WET-USDT+0.0100%4h0.070440.000%$6.7Mas long as short