Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.8560 | 0 | 0.0000% / 8h | 7h 10m | $116K | $207K | 20x | Long Bitget | |
| SHORT | 7.8760 | +0.0322 | get 0.0322% / 8h | 7h 10m | $202K | $458K | 25x | Short Bybit |
Price gap+0.255%
Funding gap+0.0322% /8h
Both sides work: funding pays +$10 a day on $10k, and the gap is 0.185% above its 7d average: +$19 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$8+0.0322% /8h now · paid +0.080% over the last 7D
Price+$19spread +0.255% now, avg +0.069% → +0.185% if it goes back
Costs−$4394.395% of $10k · taker + slippage, in and out
Result−$413−4.13%no points
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.080% in total, about +0.0038%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.255%
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
/8hWEN on 12 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size52.2 / 125.6 bpAt $10k entering Bybit costs 125.6 bp, fee and slippage, 2.4× Bitget’s.
- Note: Margin at max leverage$500 + $400Bitget 20x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$9.67Long Bitget: 3 payments, $0.00; short Bybit: 3 payments, +$9.67.
- OK: Entry gap works for you+0.255% vs +0.069%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$116K vs $202K OIBitget sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · Bybit YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0038%/8h × 21 periods+$7.98
Price spread+0.255% → +0.069% (7d avg)+$18.55
Slippage, 4 orderslive order books−$416.46
Fee Bitget bp × 2 orders−$12.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$412.94
Costs to cover4.395%Break-even369.4 days
Slippage: Bitget: live order book, 70 min ago; Bybit: live order book, 22 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget19.8352.2 bp−$5278.8 bp−$788doesn’t fitdoesn’t fit
SELL · SHORTBybit1.27125.6 bp−$126doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
WEN news
posts that mention WEN, from every exchange| 10-30 09:00 | KuCoin | Listing | new market WENUSDTM ($WEN) seen by our collector |
| 10-29 02:56 | Ondo Perps | Listing | New equity perps now live: ▸ $RDDT - Reddit ▸ $ASML - ASML Holding ▸ $NKE - Nike Inc ▸ $WEN - Wendy’s Trade now → @OndoPerps on X ↗ |
| 10-27 00:18 | Ondo Perps | Listing | new market WEN-USD.P ($WEN) seen by our collector |


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