data as of
Settings8H · net · $10k
Funding arb /

W

all W markets
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Funding spread now, next payment 18:00 UTC−0.0076%/8h
paid, last 24h+0.028%paid, last 5 days−0.070%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget WUSDT0.011780.0100pay 0.0050% / 4h1h 16m$1.2M$580K50x
ShortCoinbase International W-PERP-INTX0.011830.0024get 0.0003% / 1h16m 35s$14K$20K50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$15.96
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$37.96
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; Coinbase International: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.424%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago8.49 bp41.2 bp −$41174.1 bp −$1,741doesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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.

W on 16 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit W_USDC-PERPETUAL−0.0259%1h$18K$35110xas long as short
Coinbase International W-PERP-INTXshort+0.0024%1h$14K$20K50x
Injective W/USDC PERP+0.0033%1h$1K$23K12xas long as short
Hyperliquid W+0.0100%1h$2.0M$569K5xas long as short
Binance WUSDT+0.0100%4h$3.0M$8.1M50xas long as short
Bybit WUSDT+0.0100%4h$4.1M$2.2M50xas long as short
OKX W-USDT-SWAP+0.0100%4h$1.3M$2.3M20xas long as short
Gate W_USDT+0.0100%4h$446K$326K75xas long as short
MEXC W_USDT+0.0100%4h$12.3M$1.4M50xas long as short
KuCoin WUSDTM+0.0100%4h$416K$244K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget WUSDTlong+0.0100%4h$1.2M$580K50x
BingX W-USDT+0.0100%4h$6.9Mas long as short
Backpack W_USDC_PERP+0.0100%1h$39K$47K15xas long as short
Variational Omni W+0.0100%4h$71K$42Kas long as short
Extended W-USD+0.0104%1h$59K$276K5xas long as short
Kraken Futures PF_WUSD+0.0895%1h$147K$194K20xas long as short