Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.8860 | +0.0154 | pay 0.0154% / 8h | 7h 04m | $202K | $458K | 25x | Long Bybit | |
| SHORT | 7.8650 | 0 | 0.0000% / 8h | 7h 04m | $116K | $207K | 20x | Short Bitget |
Price gap−0.266%
Funding gap−0.0154% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.197% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8−0.0154% /8h now · paid −0.080% over the last 7D
Price−$20spread −0.266% now, avg −0.069% → −0.197% if it goes back
Costs−$4354.353% of $10k · taker + slippage, in and out
Result−$463−4.63%no points
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−0.266%
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
1 ok · 4 to watch- Watch: Thin at this size211.5 / 30.1 bpAt $10k entering Bybit costs 211.5 bp, fee and slippage, 7.0× Bitget’s.
- Note: Margin at max leverage$400 + $500Bybit 25x, Bitget 20x. 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: −$4.62Long Bybit: 3 payments, −$4.62; short Bitget: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.266% vs −0.069%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short 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: KYCBybit Yes · Bitget YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0038%/8h × 21 periods−$7.98
Price spread−0.266% → −0.069% (7d avg)−$19.72
Slippage, 4 orderslive order books−$412.31
Fee Bybit bp × 2 orders−$11.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$463.01
Costs to cover4.353%Break-evennever at this rate
Slippage: Bybit: live order book, 29 min ago; Bitget: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit1.27211.5 bp−$211doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget23.5430.1 bp−$30221.1 bp−$2,211doesn’t fitdoesn’t fit
Closing costs about the same again.
WEN news
posts that mention WEN, from every exchange| 10-30 09:00 | KuCoin | Listing | new market WENUSDTM ($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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