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

WEN

RWAall WEN markets
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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: 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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.154%+$15 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance WENUSDT6.71750get 0.0000% / 8h4h 46m$576K$515K20x
ShortBitget WENUSDT6.70900get 0.0000% / 8h4h 46m$109K$37K20x

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 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: −0.126% → −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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago2.98 bp30.3 bp −$30111.0 bp −$1,110doesn't fitdoesn't fit
Sell Bitget live order book, 59 min ago23.07 bp62.9 bp −$6372.6 bp −$726doesn't fitdoesn't fit

WEN on 6 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
Binance WENUSDTlong0.0000%8h6.7175long leg$576K$515K20x
OKX WEN-USDT-SWAP0.0000%8h6.7100−0.111%$204K$119K10xas long as short
Gate WEN_USDT0.0000%8h6.7150−0.037%$272K$4K20xas long as short
Bitget WENUSDTshort0.0000%8h6.7090−0.126%$109K$37K20x
Variational Omni WEN0.0000%8h6.7168−0.010%$24K$18Kas long as short
Lighter WEN+0.0032%1h6.7485+0.462%$11K$97510xas long as short