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: Binance against Gate0.000%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1971.965% of the position
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 2 days (all we have)−0.256%−$26 · spread now 0.000%, 7d avg −0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.027% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WEN_USDT | 6.7160 | 0 | get 0.0000% / 8h | 6h 23m | $272K | $4K | 20x |
| Short | Binance WENUSDT | 6.7160 | 0 | get 0.0000% / 8h | 6h 23m | $576K | $516K | 20x |
Gate WEN_USDT
Binance WENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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: 0.000% → −0.027%
- $2.68
- Slippage, 4 orders
- −$171.52
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$193.84
- Costs to cover
- 1.965%
- Break-even
- never at this rate
Slippage from Gate: live order book, 38 min ago; Binance: live order book, 68 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 Gate live order book, 38 min ago | 49.34 bp | 62.3 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 68 min ago | 4.47 bp | 44.6 bp −$45 | 102.8 bp −$1,028 | 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 WENUSDTshort | 0.0000% | 8h | 6.7160 | 0.000% | $576K | $516K | 20x | |
| OKX WEN-USDT-SWAP | 0.0000% | 8h | 6.7090 | −0.104% | $204K | $119K | 10x | as long as short |
| Gate WEN_USDTlong | 0.0000% | 8h | 6.7160 | long leg | $272K | $4K | 20x | |
| Bitget WENUSDT | 0.0000% | 8h | 6.7120 | −0.060% | $109K | $36K | 20x | as long as short |
| Variational Omni WEN | 0.0000% | 8h | 6.7169 | +0.013% | $22K | $16K | — | as long as short |
| Lighter WEN | +0.0032% | 1h | 6.7485 | +0.484% | $11K | $975 | 10x | as long as short |
OKX WEN-USDT-SWAP
Bitget WENUSDT
Variational Omni WEN
Lighter WEN