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 Bitget+0.134%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$344as in the Funding arb table
Net, price: spread back to 7d avg − costs−$328as in the Price arb table
costs, in and out, $10k−$3423.420% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.165%−$17 · spread now +0.134%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.137% dearer against Bitget than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget WENUSDT | 6.7110 | 0 | get 0.0000% / 8h | 2h 11m | $110K | $38K | 20x |
| Short | OKX WEN-USDT-SWAP | 6.7200 | 0 | get 0.0000% / 8h | 2h 11m | $205K | $109K | 10x |
Bitget WENUSDT
OKX WEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.134% → −0.003%
- $13.74
- Slippage, 4 orders
- −$320.03
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$328.29
- Costs to cover
- 3.420%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 19 min ago; OKX: live order book, 33 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, 19 min ago | 8.20 bp | 78.6 bp −$79 | 92.7 bp −$927 | doesn't fit | doesn't fit |
| Sell OKX live order book, 33 min ago | 7.45 bp | 117.6 bp −$118 | 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 | 6.7170 | +0.089% | $574K | $476K | 20x | as long as short |
| OKX WEN-USDT-SWAPshort | 0.0000% | 8h | 6.7200 | +0.134% | $205K | $109K | 10x | |
| Gate WEN_USDT | 0.0000% | 8h | 6.7130 | +0.030% | $272K | $3K | 20x | as long as short |
| Bitget WENUSDTlong | 0.0000% | 8h | 6.7110 | long leg | $110K | $38K | 20x | |
| Variational Omni WEN | 0.0000% | 8h | 6.7093 | −0.025% | $24K | $16K | — | as long as short |
| Lighter WEN | +0.0032% | 1h | 6.7536 | +0.635% | $11K | $980 | 10x | as long as short |
Binance WENUSDT
Gate WEN_USDT
Variational Omni WEN
Lighter WEN