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: Bitget against Gate−0.015%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$286as in the Funding arb table
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$3013.012% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 4 days (all we have)+0.177%+$18 · spread now −0.015%, 7d avg −0.077%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.062% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WEN_USDT | 6.7100 | 0 | get 0.0000% / 8h | 2h 20m | $272K | $3K | 20x |
| Short | Bitget WENUSDT | 6.7090 | 0 | get 0.0000% / 8h | 2h 20m | $110K | $38K | 20x |
Gate WEN_USDT
Bitget WENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.015% → −0.077%
- $6.18
- Slippage, 4 orders
- −$274.19
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$295.01
- Costs to cover
- 3.012%
- Break-even
- never at this rate
Slippage from Gate: live order book, 21 min ago; Bitget: live order book, 10 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, 21 min ago | 23.85 bp | 38.4 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 10 min ago | 8.20 bp | 40.2 bp −$40 | 54.8 bp −$548 | 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 | 6.7110 | +0.015% | $575K | $474K | 20x | as long as short |
| OKX WEN-USDT-SWAP | 0.0000% | 8h | 6.7080 | −0.030% | $204K | $109K | 10x | as long as short |
| Gate WEN_USDTlong | 0.0000% | 8h | 6.7100 | long leg | $272K | $3K | 20x | |
| Bitget WENUSDTshort | 0.0000% | 8h | 6.7090 | −0.015% | $110K | $38K | 20x | |
| Variational Omni WEN | 0.0000% | 8h | 6.7118 | +0.027% | $24K | $16K | — | as long as short |
| Lighter WEN | +0.0032% | 1h | 6.7536 | +0.650% | $11K | $980 | 10x | as long as short |
Binance WENUSDT
OKX WEN-USDT-SWAP
Variational Omni WEN
Lighter WEN