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

WOO

all WOO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX−0.166%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1811.815% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.063%−$6 on $10k
Price spread, last 7 days−0.003%$0 · spread now −0.166%, 7d avg −0.119%
Together, before fees−0.066%−$7 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: Bybit is 0.047% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.119%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX WOO-USDT0.012630.0100pay 0.0100% / 8h2h 40m$2.3M
ShortBybit WOOUSDT0.012610.0100get 0.0100% / 8h2h 40m$1.2M$452K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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: −0.166% → −0.119%
−$4.75
Slippage, 4 orders
−$160.47
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$186.22
Costs to cover
1.815%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Bybit: live order book, 5 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 BingX live order book, 3 min ago11.82 bp31.8 bp −$32107.6 bp −$1,076598.5 bp −$59.8K1159.0 bp −$579.5K
Sell Bybit live order book, 5 min ago7.87 bp56.0 bp −$56241.4 bp −$2,414doesn't fitdoesn't fit

WOO on 12 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
dYdX WOO-USD0.0000%1h0.01264+0.103%$70910xas long as short
Orderly PERP_WOO_USDC+0.0076%8h0.012630.000%$27K$5K10xas long as short
Binance WOOUSDT+0.0100%8h0.01262−0.074%$1.5M$2.6M50xas long as short
Bybit WOOUSDTshort+0.0100%8h0.01261−0.166%$1.2M$452K50x
OKX WOO-USDT-SWAP+0.0100%8h0.01261−0.158%$204K$338K10xas long as short
Gate WOO_USDT+0.0100%8h0.01265+0.158%$90K$75K25xas long as short
MEXC WOO_USDT+0.0100%8h0.01262−0.079%$671K$297K200xas long as short
KuCoin WOOUSDTM+0.0100%8h0.01266+0.238%$154K$47K50xas long as short
Bitget WOOUSDT+0.0100%8h0.01264+0.079%$207K$85K5xas long as short
BingX WOO-USDTlong+0.0100%8h0.01263long leg$2.3M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni WOO+0.0100%8h0.01263+0.024%$2K$869as long as short
BloFin WOO-USDT+0.0120%8h0.01270+0.554%$73K$30K50xas long as short