Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG7.8860+0.0154pay 0.0154% / 8h7h 04m$202K$458K25xLong Bybit
SHORT7.865000.0000% / 8h7h 04m$116K$207K20xShort 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 forecast
Funding−$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 · history
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

/8h

WEN on 12 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size211.5 / 30.1 bp
    At $10k entering Bybit costs 211.5 bp, fee and slippage, 7.0× Bitget’s.
  • Note: Margin at max leverage$400 + $500
    Bybit 25x, Bitget 20x. 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: −$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 OI
    Bitget sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Yes · Bitget 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−0.0038%/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 ago

Cost to enter

taker + slippage from mid, one side
BUY · 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.

Alert

WEN news

posts that mention WEN, from every exchange
10-30 09:00KuCoinListingnew market WENUSDTM ($WEN) seen by our collector
10-29 02:56Ondo PerpsListingNew equity perps now live: ▸ $RDDT - Reddit ▸ $ASML - ASML Holding ▸ $NKE - Nike Inc ▸ $WEN - Wendy’s Trade now → @OndoPerps on X ↗
10-27 00:18Ondo PerpsListingnew market WEN-USD.P ($WEN) seen by our collector