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: Gate against Bitget−0.015%7-day average +0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$318as in the Funding arb table
Net, price: spread back to 7d avg − costs−$312as in the Price arb table
costs, in and out, $10k−$3033.027% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.015%, 7d avg +0.079%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.094% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget WENUSDT | 6.7160 | 0 | get 0.0000% / 8h | 4h 00m | $109K | $36K | 20x |
| Short | Gate WEN_USDT | 6.7150 | 0 | get 0.0000% / 8h | 4h 00m | $272K | $4K | 20x |
Bitget WENUSDT
Gate WEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.015% → +0.079%
- −$9.39
- Slippage, 4 orders
- −$275.73
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$312.13
- Costs to cover
- 3.027%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 41 min ago; Gate: live order book, 52 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, 41 min ago | 8.19 bp | 70.7 bp −$71 | 77.9 bp −$779 | doesn't fit | doesn't fit |
| Sell Gate live order book, 52 min ago | 23.84 bp | 66.4 bp −$66 | 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 WENUSDT | 0.0000% | 8h | 6.7189 | +0.043% | $575K | $509K | 20x | as long as short |
| OKX WEN-USDT-SWAP | 0.0000% | 8h | 6.7130 | −0.045% | $204K | $113K | 10x | as long as short |
| Gate WEN_USDTshort | 0.0000% | 8h | 6.7150 | −0.015% | $272K | $4K | 20x | |
| Bitget WENUSDTlong | 0.0000% | 8h | 6.7160 | long leg | $109K | $36K | 20x | |
| Variational Omni WEN | 0.0000% | 8h | 6.7178 | +0.027% | $24K | $18K | — | as long as short |
| Lighter WEN | +0.0032% | 1h | 6.7593 | +0.645% | $11K | $975 | 10x | as long as short |
Binance WENUSDT
OKX WEN-USDT-SWAP
Variational Omni WEN
Lighter WEN