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−0.0023%/8h= −2.6% APRnext payment $0.12 per $10,000 · paid last 24h −0.043%
Price spread now: BloFin against MEXC−0.415%49s7-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−0.390%−$39 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.415% cheaper against MEXC than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC WET_USDT0.069960.0100pay 0.0050% / 4h3h 30m$169K$175K50x
ShortBloFin WET-USDT0.069670.0077get 0.0038% / 4h3h 30m$86K$11K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
−$4.9
Price spread: −0.415% → 0.000%
−$41.45
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$62.35
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 60 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 MEXC live order book, 60 min ago0.70 bp30.1 bp −$3092.4 bp −$924366.9 bp −$36.7Kdoesn'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 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-USDTshort+0.0077%4h0.06967−0.415%$86K$11K50x
Binance WETUSDT+0.0100%4h0.069960.000%$1.4M$5.6M50xas long as short
Bybit WETUSDT+0.0100%4h0.06979−0.243%$1.6M$1.7M50xas long as short
OKX WET-USDT-SWAP+0.0100%4h0.06993−0.043%$786K$4.1M20xas long as short
MEXC WET_USDTlong+0.0100%4h0.06996long leg$169K$175K50x
KuCoin WETUSDTM+0.0100%4h0.06995−0.014%$676K$738K50xas long as short
Bitget WETUSDT+0.0100%4h0.07001+0.071%$634K$230K25xas long as short
BingX WET-USDT+0.0100%4h0.06981−0.214%$6.6Mas long as short
Gate WET_USDT+0.0155%8h0.07000+0.057%$1.1M$88K50xas long as short
Aster WETUSDT+0.0201%4h0.07006+0.139%$16K$35K5xas long as short