Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG7.8690−0.0050get 0.0050% / 8h7h 10m$924K$685K—Long BingX
SHORT7.8760+0.0322get 0.0322% / 8h7h 10m$202K$458K25xShort Bybit
Price gap+0.089%
Funding gap+0.0372% /8h

Funding trade: +$11 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$11+0.0372% /8h now · paid +0.108% over the last 7D
Price$0spread +0.089% now, avg +0.092% → −0.003% if it goes back
Costs−$4084.083% of $10k · taker + slippage, in and out
Result−$398−3.98%no points

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.108% in total, about +0.0051%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.089%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

WEN on 12 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size21.5 / 125.6 bp
    At $10k entering Bybit costs 125.6 bp, fee and slippage, 5.8× BingX’s.
  • Note: Margin at max leverage— + $400
    BingX —, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$11.17Long BingX: 3 payments, +$1.50; short Bybit: 3 payments, +$9.67.
  • Note: Gap at its usual level+0.089% vs +0.092%
    The price leg adds little either way.
  • Watch: Short leg is thinner$202K vs $924K OI
    Bybit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBingX Yes · Bybit Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0051%/8h × 21 periods+$10.79
Price spread+0.089% → +0.092% (7d avg)−$0.29
Slippage, 4 orderslive order books−$387.26
Fee BingX bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$397.76
Costs to cover4.083%Break-even265.2 days
Slippage: BingX: live order book, 20 min ago; Bybit: live order book, 22 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX2.5521.5 bp−$2296.9 bp−$969207.5 bp−$20.7K749.0 bp−$374.5K
SELL · SHORTBybit1.27125.6 bp−$126doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

WEN news

posts that mention WEN, from every exchange
10-30 09:00KuCoinListingnew market WENUSDTM ($WEN) seen by our collector
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10-27 00:18Ondo PerpsListingnew market WEN-USD.P ($WEN) seen by our collector