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: Bitget against Binance−0.126%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1891.890% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 2 days (all we have)+0.119%+$12 · spread now −0.126%, 7d avg −0.063%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.064% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WENUSDT | 6.7175 | 0 | get 0.0000% / 8h | 4h 46m | $576K | $515K | 20x |
| Short | Bitget WENUSDT | 6.7090 | 0 | get 0.0000% / 8h | 4h 46m | $109K | $37K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.126% → −0.063%
- −$6.36
- Slippage, 4 orders
- −$166.99
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$195.35
- Costs to cover
- 1.890%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Bitget: live order book, 59 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 15 min ago | 2.98 bp | 30.3 bp −$30 | 111.0 bp −$1,110 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 59 min ago | 23.07 bp | 62.9 bp −$63 | 72.6 bp −$726 | doesn't fit | doesn't fit |
WEN on 6 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WENUSDTlong | 0.0000% | 8h | 6.7175 | long leg | $576K | $515K | 20x | |
| OKX WEN-USDT-SWAP | 0.0000% | 8h | 6.7100 | −0.111% | $204K | $119K | 10x | as long as short |
| Gate WEN_USDT | 0.0000% | 8h | 6.7150 | −0.037% | $272K | $4K | 20x | as long as short |
| Bitget WENUSDTshort | 0.0000% | 8h | 6.7090 | −0.126% | $109K | $37K | 20x | |
| Variational Omni WEN | 0.0000% | 8h | 6.7168 | −0.010% | $24K | $18K | — | as long as short |
| Lighter WEN | +0.0032% | 1h | 6.7485 | +0.462% | $11K | $975 | 10x | as long as short |
Binance WENUSDT
Bitget WENUSDT
OKX WEN-USDT-SWAP
Gate WEN_USDT
Variational Omni WEN
Lighter WEN