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

WET

all WET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.25 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against OKX+0.311%7-day average · you sell dearer than you buy
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+0.004%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.311% dearer against OKX than usual: you sell high and buy low: +$31 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX WET-USDT-SWAP0.070800.0100pay 0.0050% / 4h44m 40s$808K$3.6M20x
ShortBloFin WET-USDT0.071020.0151get 0.0075% / 4h44m 40s$88K$11K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$10.65
Price spread: +0.311% → 0.000%
$31.07
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$19.72
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago2.80 bp29.0 bp −$29doesn'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 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%4h0.070800.000%$1.6M$1.5M50xas long as short
OKX WET-USDT-SWAPlong+0.0100%4h0.07080long leg$808K$3.6M20x
Gate WET_USDT+0.0100%8h0.07104+0.339%$1.1M$80K50xas long as short
KuCoin WETUSDTM+0.0100%4h0.07096+0.226%$691K$737K50xas long as short
Bitget WETUSDT+0.0100%4h0.07100+0.282%$591K$184K25xas long as short
BloFin WET-USDTshort+0.0151%4h0.07102+0.311%$88K$11K50x
Binance WETUSDT+0.0204%4h0.07086+0.081%$1.4M$5.2M50xas long as short
MEXC WET_USDT+0.0216%4h0.07081+0.014%$173K$167K50xas long as short
BingX WET-USDT+0.0230%4h0.07082+0.028%$6.6Mas long as short
Aster WETUSDT+0.0710%4h0.07131+0.714%$15K$35K5xas long as short