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

WET

all WET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin−0.057%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$612as in the Funding arb table
Net, price: spread back to 7d avg − costs−$610as in the Price arb table
costs, in and out, $10k−$6116.107% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)−0.291%−$29 · spread now −0.057%, 7d avg −0.065%
Together, before fees−0.308%−$31 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin WETUSDTM0.069650.0100pay 0.0050% / 4h3h 44m$640K$742K50x
ShortOKX WET-USDT-SWAP0.069610.0100get 0.0050% / 4h3h 44m$723K$4.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.057% → −0.065%
$0.74
Slippage, 4 orders
−$588.68
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$609.94
Costs to cover
6.107%
Break-even
never at this rate
Slippage from KuCoin: live order book, 10 min ago; OKX: live order book, 4 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, 10 min ago10.10 bp254.0 bp −$254doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 4 min ago4.32 bp32.5 bp −$32doesn't fitdoesn't fitdoesn't fit

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
BloFin WET-USDT+0.0086%4h0.06948−0.244%$77K$11K50xas long as short
Aster WETUSDT+0.0100%4h0.06960−0.076%$15K$32K5xas long as short
Binance WETUSDT+0.0100%4h0.06959−0.086%$1.3M$6.3M50xas long as short
Bybit WETUSDT+0.0100%4h0.06956−0.129%$1.5M$1.9M50xas long as short
OKX WET-USDT-SWAPshort+0.0100%4h0.06961−0.057%$723K$4.6M20x
MEXC WET_USDT+0.0100%4h0.06959−0.086%$160K$181K50xas long as short
KuCoin WETUSDTMlong+0.0100%4h0.06965long leg$640K$742K50x
Bitget WETUSDT+0.0100%4h0.06956−0.129%$646K$269K25xas long as short
BingX WET-USDT+0.0100%4h0.06956−0.129%$6.7Mas long as short
Gate WET_USDT+0.0248%8h0.06967+0.029%$1.0M$104K50xas long as short