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: OKX against Binance+0.015%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$293as in the Funding arb table
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$2942.939% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 2 days (all we have)−0.132%−$13 · spread now +0.015%, 7d avg −0.054%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.068% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WENUSDT | 6.7190 | 0 | get 0.0000% / 8h | 3h 47m | $575K | $503K | 20x |
| Short | OKX WEN-USDT-SWAP | 6.7200 | 0 | get 0.0000% / 8h | 3h 47m | $205K | $113K | 10x |
Binance WENUSDT
OKX WEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.015% → −0.054%
- $6.84
- Slippage, 4 orders
- −$273.9
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$287.06
- Costs to cover
- 2.939%
- Break-even
- never at this rate
Slippage from Binance: live order book, 75 min ago; OKX: live order book, 3 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, 75 min ago | 2.98 bp | 30.3 bp −$30 | 111.0 bp −$1,110 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.72 bp | 115.9 bp −$116 | doesn't fit | 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 | 6.7190 | long leg | $575K | $503K | 20x | |
| OKX WEN-USDT-SWAPshort | 0.0000% | 8h | 6.7200 | +0.015% | $205K | $113K | 10x | |
| Gate WEN_USDT | 0.0000% | 8h | 6.7150 | −0.060% | $272K | $3K | 20x | as long as short |
| Bitget WENUSDT | 0.0000% | 8h | 6.7100 | −0.134% | $109K | $36K | 20x | as long as short |
| Variational Omni WEN | 0.0000% | 8h | 6.7193 | +0.005% | $24K | $17K | — | as long as short |
| Lighter WEN | +0.0032% | 1h | 6.7636 | +0.664% | $11K | $975 | 10x | as long as short |
Gate WEN_USDT
Bitget WENUSDT
Variational Omni WEN
Lighter WEN