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−0.0058%/8h= −6.4% APRnext payment $0.29 per $10,000 · paid last 24h −0.003%
Price spread now: OKX against BloFin+0.072%93s7-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−0.003%$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. OKX is 0.072% dearer against BloFin than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.1 days. At the pace of the last 7 days (−0.003% in total) that is about 6 months. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WET-USDT0.069250.0158pay 0.0079% / 4h2h 13m$79K$11K50x
ShortOKX WET-USDT-SWAP0.069300.0100get 0.0050% / 4h2h 13m$743K$4.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$12.23
Price spread: +0.072% → 0.000%
$7.22
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$27.01
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; OKX: 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 OKX live order book, 4 min ago4.34 bp30.5 bp −$31doesn'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%4h0.06920−0.069%$15K$32K5xas long as short
Binance WETUSDT+0.0100%4h0.06923−0.029%$1.3M$6.1M50xas long as short
Bybit WETUSDT+0.0100%4h0.06921−0.058%$1.5M$1.8M50xas long as short
OKX WET-USDT-SWAPshort+0.0100%4h0.06930+0.072%$743K$4.4M20x
MEXC WET_USDT+0.0100%4h0.06928+0.043%$169K$180K50xas long as short
KuCoin WETUSDTM+0.0100%4h0.06934+0.130%$647K$747K50xas long as short
BingX WET-USDT+0.0144%4h0.06933+0.116%$6.6Mas long as short
BloFin WET-USDTlong+0.0158%4h0.06925long leg$79K$11K50x
Bitget WETUSDT+0.0166%4h0.06934+0.130%$643K$259K25xas long as short
Gate WET_USDT+0.0176%8h0.06952+0.390%$1.0M$100K50xas long as short