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+0.0038%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against KuCoin−0.198%80s7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. BloFin is 0.198% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.198% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 17 days of funding at the current rate (+$1 a day). The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin WETUSDTM0.070530.0100pay 0.0050% / 4h2h 17m$652K$739K50x
ShortBloFin WET-USDT0.070390.0138get 0.0069% / 4h2h 17m$78K$12K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$8.08
Price spread: −0.198% → 0.000%
−$19.85
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$35.77
Costs to cover
0.240%
Break-even
38.0 days
Slippage unknown: KuCoin: live order book, 28 min ago; BloFin: no order-book sample. 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 KuCoin live order book, 28 min ago9.95 bp281.9 bp −$282doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
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
Aster WETUSDT+0.0100%4h0.07041−0.165%$14K$33K5xas long as short
Binance WETUSDT+0.0100%4h0.07040−0.185%$1.3M$6.6M50xas long as short
Bybit WETUSDT+0.0100%4h0.07042−0.156%$1.5M$2.1M50xas long as short
OKX WET-USDT-SWAP+0.0100%4h0.07040−0.184%$707K$4.9M20xas long as short
Gate WET_USDT+0.0100%8h0.07042−0.156%$1.1M$108K50xas long as short
MEXC WET_USDT+0.0100%4h0.07040−0.184%$173K$189K50xas long as short
KuCoin WETUSDTMlong+0.0100%4h0.07053long leg$652K$739K50x
Bitget WETUSDT+0.0100%4h0.07040−0.184%$653K$295K25xas long as short
BingX WET-USDT+0.0100%4h0.07035−0.255%$6.7Mas long as short
BloFin WET-USDTshort+0.0138%4h0.07039−0.198%$78K$12K50x