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: Binance against Bitget+0.023%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1881.883% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 2 days (all we have)−0.015%−$2 · spread now +0.023%, 7d avg +0.063%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.040% cheaper against Bitget than usual: you would sell low and buy high, −$4 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 | Bitget WENUSDT | 6.7160 | 0 | get 0.0000% / 8h | 3h 56m | $109K | $36K | 20x |
| Short | Binance WENUSDT | 6.7176 | 0 | get 0.0000% / 8h | 3h 56m | $575K | $505K | 20x |
Bitget WENUSDT
Binance WENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: +0.023% → +0.063%
- −$3.95
- Slippage, 4 orders
- −$166.26
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$192.22
- Costs to cover
- 1.883%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 45 min ago; Binance: live order book, 66 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 Bitget live order book, 45 min ago | 8.19 bp | 70.7 bp −$71 | 77.9 bp −$779 | doesn't fit | doesn't fit |
| Sell Binance live order book, 66 min ago | 2.98 bp | 32.5 bp −$32 | 106.5 bp −$1,065 | 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 WENUSDTshort | 0.0000% | 8h | 6.7176 | +0.023% | $575K | $505K | 20x | |
| OKX WEN-USDT-SWAP | 0.0000% | 8h | 6.7130 | −0.045% | $204K | $113K | 10x | as long as short |
| Gate WEN_USDT | 0.0000% | 8h | 6.7150 | −0.015% | $272K | $3K | 20x | as long as short |
| Bitget WENUSDTlong | 0.0000% | 8h | 6.7160 | long leg | $109K | $36K | 20x | |
| Variational Omni WEN | 0.0000% | 8h | 6.7163 | +0.005% | $24K | $18K | — | as long as short |
| Lighter WEN | +0.0032% | 1h | 6.7636 | +0.709% | $11K | $975 | 10x | as long as short |
OKX WEN-USDT-SWAP
Gate WEN_USDT
Variational Omni WEN
Lighter WEN