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

WET

all WET markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.014%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,243as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,250as in the Price arb table
costs, in and out, $10k−$1,24412.444% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.014%, 7d avg +0.045%
Together, before fees+0.170%+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.059% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit WETUSDT0.070890.0100pay 0.0050% / 4h2h 22m$1.5M$852K50x
ShortKuCoin WETUSDTM0.070880.0100get 0.0050% / 4h2h 22m$712K$709K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
$0
Price spread: −0.014% → +0.045%
−$5.92
Slippage, 4 orders
−$1,221.41
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,250.33
Costs to cover
12.444%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 17 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago5.70 bp108.4 bp −$1081656.4 bp −$16.6Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 17 min ago24.24 bp489.1 bp −$489doesn't fitdoesn't fitdoesn't fit

WET on 9 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
Bybit WETUSDTlong+0.0100%4h0.07089long leg$1.5M$852K50x
OKX WET-USDT-SWAP+0.0100%4h0.07086−0.042%$754K$1.2M20xas long as short
Gate WET_USDT+0.0100%8h0.07113+0.339%$1.1M$63K50xas long as short
KuCoin WETUSDTMshort+0.0100%4h0.07088−0.014%$712K$709K50x
Bitget WETUSDT+0.0100%4h0.07102+0.183%$584K$138K25xas long as short
MEXC WET_USDT+0.0216%4h0.07099+0.141%$196K$115K50xas long as short
Binance WETUSDT+0.0217%4h0.07101+0.169%$1.3M$2.7M50xas long as short
BingX WET-USDT+0.0245%4h0.07097+0.113%$6.5Mas long as short
Aster WETUSDT+0.1001%4h0.07086−0.044%$15K$31K5xas long as short