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 +0.009%
Price spread now: Bitget against KuCoin−0.043%7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,193as in the Price arb table
costs, in and out, $10k−$1,18111.812% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.105%+$10 on $10k
Price spread, last 4 days (all we have)+0.105%+$11 · spread now −0.043%, 7d avg +0.073%
Together, before fees+0.210%+$21 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: Bitget is 0.116% cheaper against KuCoin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin WETUSDTM0.070450.0100pay 0.0050% / 4h2h 25m$708K$709K50x
ShortBitget WETUSDT0.070420.0100get 0.0050% / 4h2h 25m$579K$137K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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: −0.043% → +0.073%
−$11.58
Slippage, 4 orders
−$1,157.16
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$1,192.74
Costs to cover
11.812%
Break-even
never at this rate
Slippage from KuCoin: live order book, 14 min ago; Bitget: live order book, 40 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 KuCoin live order book, 14 min ago24.24 bp465.3 bp −$465doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 40 min ago10.89 bp109.8 bp −$110622.5 bp −$6,225doesn'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 WETUSDT+0.0100%4h0.07036−0.128%$1.5M$827K50xas long as short
OKX WET-USDT-SWAP+0.0100%4h0.07056+0.156%$756K$1.1M20xas long as short
Gate WET_USDT+0.0100%8h0.070450.000%$1.1M$62K50xas long as short
KuCoin WETUSDTMlong+0.0100%4h0.07045long leg$708K$709K50x
Bitget WETUSDTshort+0.0100%4h0.07042−0.043%$579K$137K25x
MEXC WET_USDT+0.0230%4h0.07049+0.057%$197K$114K50xas long as short
Binance WETUSDT+0.0232%4h0.07037−0.114%$1.3M$2.6M50xas long as short
BingX WET-USDT+0.0250%4h0.07043−0.028%$6.5Mas long as short
Aster WETUSDT+0.1002%4h0.07033−0.169%$15K$31K5xas long as short