WEN

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BybitWENSTOCKUSDT	7.8860	+0.0154	pay 0.0154% / 8h	7h 04m	$202K	$458K	25x	Long Bybit
SHORT	BingXNCSKWEN2USD-USDT	7.8640	−0.0050	pay 0.0050% / 8h	7h 04m	$924K	$685K	—	Short BingX

Price gap−0.279%

Funding gap−0.0204% /8h

Both sides work against this direction now: funding costs $6 a day on $10k and the gap is 0.187% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$11−0.0204% /8h now · paid −0.108% over the last 7D

Price−$19spread −0.279% now, avg −0.092% → −0.187% if it goes back

Costs−$4084.083% of $10k · taker + slippage, in and out

Result−$438−4.38%no points

The current funding rate is far below 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

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−0.279%

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 · 4 to watch

Watch: Thin at this size211.5 / 49.7 bp
At $10k entering Bybit costs 211.5 bp, fee and slippage, 4.3× BingX’s.
Note: Margin at max leverage$400 + —
Bybit 25x, BingX —. 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: −$6.12Long Bybit: 3 payments, −$4.62; short BingX: 3 payments, −$1.50.
Watch: Gap narrower than usual−0.279% vs −0.092%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long 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: KYCBybit Yes · BingX Yes
Standard verification is mandatory for every product.

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−0.279% → −0.092% (7d avg)−$18.72

Slippage, 4 orderslive order books−$387.26

Fee Bybit bp × 2 orders−$11.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$437.76

Costs to cover4.083%Break-evennever at this rate

Slippage: Bybit: live order book, 29 min ago; BingX: live order book, 27 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBybit1.27211.5 bp−$211doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBingX2.5549.7 bp−$50166.0 bp−$1,660356.3 bp−$35.6K886.3 bp−$443.1K

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

WEN