Settings8H · net · $10k
Funding arb · Price arb /

WEN

RWAall WEN markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against Variational Omni+0.660%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.660% dearer against Variational Omni than usual: you sell high and buy low: +$66 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni WEN6.70930get 0.0000% / 8h2h 11m$24K$16K
ShortLighter WEN6.75360.0032get 0.0004% / 1h11m 38s$11K$98010x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$6.72
Price spread: +0.660% → 0.000%
$65.99
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
$72.71
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Lighter: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Lighter no order-book sample
Variational Omni and Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

WEN on 6 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WENUSDT0.0000%8h6.7170+0.114%$574K$476K20xas long as short
OKX WEN-USDT-SWAP0.0000%8h6.7200+0.159%$205K$109K10xas long as short
Gate WEN_USDT0.0000%8h6.7130+0.055%$272K$3K20xas long as short
Bitget WENUSDT0.0000%8h6.7110+0.025%$110K$38K20xas long as short
Variational Omni WENlong0.0000%8h6.7093long leg$24K$16K
Lighter WENshort+0.0032%1h6.7536+0.660%$11K$98010x