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: Gate against OKX+0.015%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$322as in the Funding arb table
Net, price: spread back to 7d avg − costs−$316as in the Price arb table
costs, in and out, $10k−$3093.094% of the position
Funding, last 7 days−0.125%−$13 on $10k
+Price spread, last 4 days (all we have)−0.121%−$12 · spread now +0.015%, 7d avg +0.081%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.066% cheaper against OKX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.081%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX WEN-USDT-SWAP | 6.7140 | 0 | get 0.0000% / 8h | 2h 51m | $204K | $113K | 10x |
| Short | Gate WEN_USDT | 6.7150 | 0 | get 0.0000% / 8h | 2h 51m | $272K | $3K | 20x |
OKX WEN-USDT-SWAP
Gate WEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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% → +0.081%
- −$6.57
- Slippage, 4 orders
- −$284.35
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$315.93
- Costs to cover
- 3.094%
- Break-even
- never at this rate
Slippage from OKX: live order book, 58 min ago; Gate: live order book, 55 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 OKX live order book, 58 min ago | 3.72 bp | 115.2 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 55 min ago | 26.83 bp | 39.4 bp −$39 | doesn't fit | 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 | 6.7160 | +0.030% | $575K | $496K | 20x | as long as short |
| OKX WEN-USDT-SWAPlong | 0.0000% | 8h | 6.7140 | long leg | $204K | $113K | 10x | |
| Gate WEN_USDTshort | 0.0000% | 8h | 6.7150 | +0.015% | $272K | $3K | 20x | |
| Bitget WENUSDT | 0.0000% | 8h | 6.7110 | −0.045% | $110K | $38K | 20x | as long as short |
| Variational Omni WEN | 0.0000% | 8h | 6.7153 | +0.020% | $24K | $17K | — | as long as short |
| Lighter WEN | +0.0032% | 1h | 6.7336 | +0.292% | $11K | $980 | 10x | as long as short |
Binance WENUSDT
Bitget WENUSDT
Variational Omni WEN
Lighter WEN