Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate+0.090%7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$390as in the Funding arb table
Net, price: spread back to 7d avg − costs−$386as in the Price arb table
costs, in and out, $10k−$4034.026% of the position
Funding, last 7 days+0.125%+$13 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now +0.090%, 7d avg −0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.164% dearer against Gate than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WEN_USDT | 6.7030 | 0 | get 0.0000% / 8h | 6h 17m | $271K | $4K | 20x |
| Short | OKX WEN-USDT-SWAP | 6.7090 | 0 | get 0.0000% / 8h | 6h 17m | $203K | $108K | 10x |
Gate WEN_USDT
OKX WEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.090% → −0.074%
- $16.37
- Slippage, 4 orders
- −$377.57
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$386.2
- Costs to cover
- 4.026%
- Break-even
- never at this rate
Slippage from Gate: live order book, 30 min ago; OKX: live order book, 30 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, 30 min ago | 23.15 bp | 55.3 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 30 min ago | 3.73 bp | 99.4 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
WEN on 6 exchanges
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 | 6.7120 | +0.134% | $579K | $461K | 20x | as long as short |
| OKX WEN-USDT-SWAPshort | 0.0000% | 8h | 6.7090 | +0.090% | $203K | $108K | 10x | |
| Gate WEN_USDTlong | 0.0000% | 8h | 6.7030 | long leg | $271K | $4K | 20x | |
| Bitget WENUSDT | 0.0000% | 8h | 6.7000 | −0.045% | $110K | $38K | 20x | as long as short |
| Variational Omni WEN | 0.0000% | 8h | 6.7111 | +0.121% | $26K | $48K | — | as long as short |
| Lighter WEN | +0.0032% | 1h | 6.7193 | +0.243% | $11K | $980 | 10x | as long as short |
Binance WENUSDT
Bitget WENUSDT
Variational Omni WEN
Lighter WEN